AngloGold Ashanti (AU) Set to Announce Earnings on Tuesday

AngloGold Ashanti (NYSE:AU) will be releasing its earnings data before the market opens on Tuesday, February 20th.

AngloGold Ashanti (NYSE AU) opened at $10.22 on Tuesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.57 and a quick ratio of 0.65. AngloGold Ashanti has a 1 year low of $8.86 and a 1 year high of $13.42. The company has a market cap of $4,260.00, a P/E ratio of -25.55, a PEG ratio of 0.22 and a beta of -1.18.

In related news, Director Lotan Holdings Inc. bought 50,000 shares of the company’s stock in a transaction on Tuesday, January 23rd. The stock was acquired at an average cost of $0.92 per share, for a total transaction of $46,000.00.

A hedge fund recently raised its stake in AngloGold Ashanti stock. State Street Corp raised its stake in shares of AngloGold Ashanti Limited (NYSE:AU) by 17.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 160,609 shares of the mining company’s stock after purchasing an additional 23,804 shares during the quarter. State Street Corp’s holdings in AngloGold Ashanti were worth $1,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 30.85% of the stock is currently owned by institutional investors.

A number of research firms have recently commented on AU. Zacks Investment Research lowered shares of AngloGold Ashanti from a “hold” rating to a “sell” rating in a research report on Tuesday, February 6th. ValuEngine lowered shares of AngloGold Ashanti from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. Deutsche Bank upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. Royal Bank of Canada upgraded shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $11.50 price objective for the company in a research report on Monday, November 13th. Finally, upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Four analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $11.75.

COPYRIGHT VIOLATION NOTICE: This article was published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was stolen and reposted in violation of international trademark and copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2018/02/13/anglogold-ashanti-au-set-to-announce-earnings-on-tuesday.html.

About AngloGold Ashanti

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company. The Company’s business activities span the spectrum of the mining value chain. Its main product is gold. Its portfolio includes over 17 mines in approximately nine countries. It also produces silver, uranium and sulfuric acid as by-products.

Earnings History for AngloGold Ashanti (NYSE:AU)

Receive News & Ratings for AngloGold Ashanti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AngloGold Ashanti and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply