Zacks Rating on AngloGold Ashanti Limited (AU)

AngloGold Ashanti Limited (AU) : Zacks Investment Research ranks AngloGold Ashanti Limited (AU) as 1, which is a Strong Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 2, which indicates as a Buy.

AngloGold Ashanti Limited (AU) : The most positive equity analysts on AngloGold Ashanti Limited (AU) expects the shares to touch $24, whereas, the least positive believes that the stock will trade at $11 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $17.06 with an expected fluctuation of $9.27 from the mean.


AngloGold Ashanti Ltd. has lost 9.72% in the last five trading days and dropped 9.99% in the last 4 weeks. AngloGold Ashanti Ltd. is up 34.52% in the last 3-month period. Year-to-Date the stock performance stands at 156.34%. AngloGold Ashanti Limited (NYSE:AU): On Tuesdays trading session , Opening price of the stock was $18.62 with an intraday high of $18.68. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.16. However, the stock managed to close at $18.2, a loss of 1.83% for the day. On the previous day, the stock had closed at $18.54. The total traded volume of the day was 2,979,129 shares.

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining and exploration company. The company works across the spectrum of the mining value chain. The Company also produces silver, uranium and sulfuric acid as by-products. It has approximately 20 operations located in 10 countries. The Company operates in four segments: South Africa, which includes operations and assets in West Wits, Vaal River and surface operations, which includes First Uranium SA which owns Mine Waste Solutions (MWS); Continental Africa, which includes operations in the DRC, Ghana, Guinea, Mali and Tanzania; Australasia, which comprises two operations in Australia, and Americas, which includes operations in Argentina, Brazil and the United States.

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