A Look at AngloGold Ashanti Plc (AU) Shares in the Recent Past Indicates Growth

With 5.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.27 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $24.76 whereas the lowest price it dropped to was $24.02. The 52-week range on AU shows that it touched its highest point at $32.57 and its lowest point at $15.80 during that stretch. It currently has a 1-year price target of $35.63. With its current market cap of 10.32 billion, AU has annualized dividend of $0.22 while the current yield stands at 0.90%. Beta for the stock currently stands at 0.97.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AU was up-trending over the past week, with a rise of 1.74%, but this was down by -21.97% over a month. Three-month performance dropped to -20.32% while six-month performance fell -0.65%. The stock gained 44.35% in the past year, while it has gained 31.30% so far this year. A look at the trailing 12-month EPS for AU yields 0.08 with Next year EPS estimates of 3.75. For the next quarter, that number is 1.02. This implies an EPS growth rate of 2467.64% for this year and 44.13% for next year.

Float and Shares Shorts:

At present, 420.70 million AU shares are outstanding with a float of 419.76 million shares on hand for trading. On 2024-10-31, short shares totaled 11.93 million, which was 283.99998 higher than short shares on 1727654400. In addition to Mr. Alberto Calderon Zuleta B.A., BA Econ, Econ, J.D., Law, M Phil Econ, M.A. as the firm’s CEO & Executive Director, Ms. Gillian Doran FCCA serves as its Executive Director & CFO.

Institutional Ownership:

Through their ownership of 0.88934 of AU’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AU reported revenue of $1491000000.0 and operating income of $403000000.0. The EBITDA in the recently reported quarter was $470000000.0 and diluted EPS was $0.53.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AU since 15 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AU analysts setting a high price target of 37.0 and a low target of 30.0, the average target price over the next 12 months is 33.5. Based on these targets, AU could surge 50.77% to reach the target high and rise by 22.25% to reach the target low. Reaching the average price target will result in a growth of 36.51% from current levels.

Analysts have provided yearly estimates in a range of $3.02556 being high and $2.32818 being low. For AU, this leads to a yearly average estimate of $2.68223.