AngloGold Ashanti Limited with ticker code (AU) have now 5 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 22 and 16 suggesting an average Analsyt target price of $20.10. Given that the stocks previous close was at $19.55 this is indicating there is a potential upside of 2.8%. Also worth taking note is the 50 day moving average now sits at $19.82 while the 200 day moving average is $16.61. The company has a market capitalization of $8,640m. You can visit the company’s website by visiting: https://www.anglogoldashanti.com
The potential market cap would be $8,883m based on the market consensus.
AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. 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 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 2.36% with the ex dividend date set at 16-3-2023 (DMY).
Other points of data to note are a P/E ratio of 27.52, revenue per share of 10.71 and a 4.2% return on assets.
