AngloGold Ashanti (AU) Shares Up 7.3%
Shares of AngloGold Ashanti Limited (NYSE:AU) shot up 7.3% on Friday . The stock traded as high as $13.39 and last traded at $13.29. 4,974,635 shares traded hands during trading, an increase of 44% from the average session volume of 3,444,928 shares. The stock had previously closed at $12.39.
AU has been the topic of several analyst reports. ValuEngine upgraded AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Tuesday, February 19th. Zacks Investment Research upgraded AngloGold Ashanti from a “hold” rating to a “strong-buy” rating and set a $15.00 target price on the stock in a report on Friday, April 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $13.33.
The firm has a market cap of $5.07 billion, a P/E ratio of 25.08, a P/E/G ratio of 0.63 and a beta of -1.09. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.55 and a quick ratio of 0.73.
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AngloGold Ashanti Company Profile (NYSE:AU)
AngloGold Ashanti Limited operates as a gold mining company. It also produces silver, uranium, and sulphuric acid; and dóre bars. The company operates 14 mines and 3 projects in 10 countries in South Africa, Continental Africa, the Americas, and Australasia. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.
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