AngloGold Ashanti Limited which can be found using ticker (AU) have now 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 29 and 20 and has a mean target at $24.00. Given that the stocks previous close was at $26.58 this now indicates there is a potential downside of -9.7%. The day 50 moving average is $21.39 and the 200 day moving average is $17.65. The company has a market capitalization of $11,078m. You can visit the company’s website by visiting: https://www.anglogoldashanti.com
The potential market cap would be $10,003m based on the market consensus.
AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. The company explores for gold. Its flagship property is a 100% owned Geita project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. The company also owns 100% interest in the Iduapriem mine which covers 137 square kilometers located in the western region of Ghana; Obuasi project located in Ghana; AGA Mineração in Brazil; Serra Grande located in central Brazil in the state of Goiás; Greenfield Projects in the Beatty district in Nevada; and Sunrise Dam in Australia. It also holds 92.5% interest in the Cerro Vanguardia project situated in Argentina; 70% interest in the Tropicana property in Australia; and 85% interest in the Siguiri project in Guinea. The company also explores for silver and sulphuric acid. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.
The company has a dividend yield of 1.76% with the ex dividend date set at 16-3-2023 (DMY).
Other points of data to note are a P/E ratio of 37.23, revenue per share of 2.68 and a 4.19% return on assets.
