The stock of AngloGold Ashanti Limited (NYSE:AU) decreased by -$0.18 on Tuesday to finish at $17.87, down -1.00 percent. The last five days have seen an average of 2,925,000 shares of common stock traded. 16 times new highs were reached in the current year, with a fall of -$1.55. The average number of shares traded over the last 20 days was 2,307,280, while the average volume over the last 50 days totaled 2,265,056.
AU stock appreciated 9.90% since last month. On 08/21/23, the company’s shares reached a one-month low of $15.95. The stock touched a high of $30.26 on 05/04/23, after rallying from a low of $11.94 in 52 weeks. The price of AU stock has declined by -7.98% or -$1.55 this year, reaching a new high 16 times. Still, the stock price is down -40.95% from the 52-week high.
Valuation Metrics
AngloGold Ashanti Limited (AU) has a trailing price-to-earnings (P/E) ratio of 192.15. Beta for the stock is 0.69. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.62, the price-to-book (PB) ratio of 1.86.
Company paid $0.0290 per share in dividends, a decrease of -83.62% from $0.1770 last year. A $0.1480 dividend decrease was reported on Monday August 14 2023.
Financial Health
For the recent quarter, AngloGold Ashanti Limited’s quick ratio was 1.20, while its current ratio was 2.20, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.49, and the total debt to equity ratio is 0.52. As far as profitability goes, gross margin for the trailing twelve months is 22.30% percent. AngloGold Ashanti Limited’s EBITDA margin for the recent year was 32.81%, whereas its operating margin stood at 4.20% for the same period. Based on annual data, it had gross profit of $1.13 billion and revenue of $4.5 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. AU’s return on assets (ROA) during the last 12 months has been 0.50%. There was a 5.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 0.90%.
Earnings Surprise
Net income for the quarter came in at $4.5 billion, while revenues rose by 1.94% to $0.0. At the end of AngloGold Ashanti Limited’s most recent quarter, its liabilities totaled 3.86 billion, while its total debt was $2.1 billion.
Technical Picture
Here’s a quick look at AngloGold Ashanti Limited’s (AU) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 58.70%, suggesting the stock is Neutral, with a 29.11% historical volatility rate.
The stochastic %K and %D were 85.04% and 81.67% respectively, while the average true range (ATR) was 0.52. Based on the 14-day stochastic reading of 73.59%, the RSI (14) reading is 51.63%. On the 9-day MACD Oscillator, the stock is at 0.56, and the 14-day reading is at 0.72.
Analyst Ratings
In its most recent analyst report, BMO Capital Markets raised its rating on AngloGold Ashanti Limited (NYSE: AU) to an Outperform. Prior to this, analysts firm rated the stock as a Market perform. Analysts have assigned AngloGold Ashanti Limited (AU) an Overweight rating. AU is a stock that is recommended for selling by 0 brokerage firms, while 4 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 4 others recommend it as a buy.
What is AU’s price target for the next 12 months?
The current consensus forecast for the stock is between $17.81 and $28.00, with a median target price of $21.37. In analyzing these forecasts, the average price target given by analysts for AngloGold Ashanti Limited (AU) is $21.59.
