In the latest trading session, 0.88 million AngloGold Ashanti Limited (NYSE:AU) shares changed hands as the company’s beta touched 0.69. With the company’s most recent per share price at $17.66 changing hands around $0.27 or 1.55% at last look, the market valuation stands at $7.56B. AU’s current price is a discount, trading about -71.35% off its 52-week high of $30.26. The share price had its 52-week low at $11.94, which suggests the last value was 32.39% up since then. When we look at AngloGold Ashanti Limited’s average trading volume, we note the 10-day average is 2.55 million shares, with the 3-month average coming to 2.30 million.

AngloGold Ashanti Limited (NYSE:AU) trade information

Instantly AU is in green as seen in intraday trades today. With action 2.73%, the performance over the past five days has been green. The jump to weekly highs of 17.87 on Tuesday, 08/29/23 added 1.55% to the stock’s daily price. The company’s shares are showing year-to-date downside of -9.06%, with the 5-day performance at 2.73% in the green. However, in the 30-day time frame, AngloGold Ashanti Limited (NYSE:AU) is -11.48% down. Looking at the short shares, we see there were 7.3 million shares sold at short interest cover period of 3.52 days.

AngloGold Ashanti Limited (AU) estimates and forecasts

Data shows that the AngloGold Ashanti Limited share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 3.03% over the past 6 months, a -13.18% in annual growth rate that is considerably lower than the industry average of 18.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 28.70%. The 2023 estimates are for AngloGold Ashanti Limited earnings to decrease by -52.30%, but the outlook for the next 5-year period is at 19.20% per year.

AU Dividends

AngloGold Ashanti Limited is expected to release its next quarterly earnings report in September. The 1.23% annual yield figure for the share gives it an annual dividend of 0.22. It is important to note, however, that the 1.23% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

AngloGold Ashanti Limited (NYSE:AU)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.00% of AngloGold Ashanti Limited shares while 26.99% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 26.99%. There are 26.99% institutions holding the AngloGold Ashanti Limited stock share, with Van Eck Associates Corporation the top institutional holder. As of Jun 29, 2023, the company held 5.84% of the shares, roughly 24.52 million AU shares worth $517.07 million.

Blackrock Inc. holds the second largest percentage of outstanding shares, with 2.42% or 10.17 million shares worth $214.58 million as of Jun 29, 2023.

Among Mutual Funds, the top two as of Jul 30, 2023 were VanEck ETF Trust-VanEck Gold Miners ETF and First Eagle Gold Fund. With 22.22 million shares estimated at $493.36 million under it, the former controlled 5.30% of total outstanding shares. On the other hand, First Eagle Gold Fund held about 0.59% of the shares, roughly 2.48 million shares worth around $66.03 million.

nyse
gold