Anglo American (OTCMKTS:NGLOY – Get Free Report) is expected to issue its resultson Thursday, July 30th. Analysts expect the company to announce earnings of $0.3563 per share and revenue of $11.2095 billion for the quarter.
Anglo American Price Performance
NGLOY opened at $23.81 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.98 and a quick ratio of 1.54. The stock’s 50 day moving average price is $25.51 and its 200-day moving average price is $24.09. Anglo American has a 52-week low of $13.56 and a 52-week high of $29.00.
Wall Street Analyst Weigh In
NGLOY has been the topic of a number of research analyst reports. Berenberg Bank set a $28.00 price objective on shares of Anglo American and gave the company a “hold” rating in a research report on Thursday, June 18th. Oddo Bhf raised shares of Anglo American to an “outperform” rating in a research report on Wednesday, April 15th. Freedom Capital lowered shares of Anglo American from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Anglo American in a research report on Friday, May 15th. Finally, Zacks Research raised shares of Anglo American from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Anglo American currently has a consensus rating of “Moderate Buy” and a consensus price target of $28.00.
Anglo American Company Profile
Anglo American plc is a multinational mining company headquartered in London that explores for, mines, processes and markets a broad range of commodities. Its principal activities cover the extraction and processing of bulk and specialty metals and minerals, including copper, iron ore, platinum group metals (PGMs), diamonds, nickel and both metallurgical and thermal coal. Anglo American’s operations span the full value chain from greenfield exploration and mine development through to mineral processing, smelting, refining and the sale of mined products to industrial and consumer markets worldwide.
The company has a long history in the mining industry, having been established in the early 20th century and grown into one of the world’s major mining groups.
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