During the recent session, AngloGold Ashanti Limited (NYSE:AU)’s traded shares were 0.56 million, with the beta value of the company hitting 0.70. At the last check today, the stock’s price was $16.90, reflecting an intraday gain of 2.52% or $0.42. The 52-week high for the AU share is $30.26, that puts it down -79.05 from that peak though still a striking 29.35% gain since the share price plummeted to a 52-week low of $11.94. The company’s market capitalization is $7.20B, and the average intraday trading volume over the past 10 days was 1.91 million shares, and the average trade volume was 2.24 million shares over the past three months.

AngloGold Ashanti Limited (AU) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 3.00. AU has a Sell rating from 1 analyst(s) out of 9 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.

AngloGold Ashanti Limited (NYSE:AU) trade information

AngloGold Ashanti Limited (AU) registered a 2.52% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.52% in intraday trading to $16.90 this Thursday, 09/07/23, hitting a weekly high. The stock’s 5-day price performance is -0.62%, and it has moved by -7.32% in 30 days. Based on these gigs, the overall price performance for the year is 25.06%. The short interest in AngloGold Ashanti Limited (NYSE:AU) is 7.3 million shares and it means that shorts have 3.52 day(s) to cover.

AngloGold Ashanti Limited (AU) estimates and forecasts

Statistics show that AngloGold Ashanti Limited has underperformed its competitors in share price, compared to the industry in which it operates. AngloGold Ashanti Limited (AU) shares have gone up 0.15% during the last six months, with a year-to-date growth rate less than the industry average at -13.18% against 19.20.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 28.70%. While earnings are projected to return -52.30% in 2023, the next five years will return 19.20% per annum.

AU Dividends

AngloGold Ashanti Limited is due to release its next quarterly earnings in October. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for AngloGold Ashanti Limited is 0.22, with the dividend yield indicating at 1.28 percent, continuing the trend of increasing dividends in recent years.

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

AngloGold Ashanti Limited insiders own 0.00% of total outstanding shares while institutional holders control 26.99%, with the float percentage being 26.99%. Van Eck Associates Corporation is the largest shareholder of the company, while 282 institutions own stock in it. As of Jun 29, 2023, the company held over 24.52 million shares (or 5.84% of all shares), a total value of $413.98 million in shares.

The next largest institutional holding, with 10.17 million shares, is of Blackrock Inc.’s that is approximately 2.42% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $171.8 million.

Also, the Mutual Funds coming in first place with the largest holdings of AngloGold Ashanti Limited (AU) shares are VanEck ETF Trust-VanEck Gold Miners ETF and First Eagle Gold Fund. Data provided on Jul 30, 2023 indicates that VanEck ETF Trust-VanEck Gold Miners ETF owns about 22.22 million shares. This amounts to just over 5.30 percent of the company’s overall shares, with a $375.24 million market value. The same data shows that the other fund manager holds slightly less at 2.48 million, or about 0.59% of the stock, which is worth about $41.95 million.

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