With over 4.77 million AngloGold Ashanti Plc. (AU) shares trading Tuesday and a closing price of $19.52 on the day, the dollar volume was approximately $93.08 million. The shares have shown a negative half year performance of -17.29% and its price on 11/28/23 gained nearly 8.02%. Currently, there are 419.69M common shares owned by the public and among those 419.69M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 11 analysts who have offered their price forecasts for AU have a consensus price objective of $19.60. The analysts have set the share’s price value over the next 12 months at a high of $25.00 and a low of $15.68. The average price target is 0.41% above its recent price level and a downside to the estimated low will see the stock lose -24.49% over that period. But an upside of 21.92% will see the stock hit the forecast high price target while median target price for the stock is $19.58.
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The top 3 mutual fund holders in AngloGold Ashanti Plc. are VanEck Gold Miners ETF, Government Pension Fund – Global, and Vanguard Emerging Markets Stock I. VanEck Gold Miners ETF owns 22.68 million shares of the company’s stock, all valued at over $416.8 million. The company bought an additional 96118.0 shares recently to bring their total holdings to about 5.40% of the shares outstanding. Government Pension Fund – Global bought 2.86 million shares to see its total holdings expand to 8.26 million shares valued at over $151.86 million and representing 1.97% of the shares outstanding. Vanguard Emerging Markets Stock I sold 13176.0 shares to bring its total holdings to over 5.73 million shares at a value of $105.26 million. Vanguard Emerging Markets Stock I now owns shares totaling to 1.37% of the shares outstanding.
Shares of AngloGold Ashanti Plc. (NYSE: AU) opened at $18.44, up $0.37 from a prior closing price of $18.07. However, the script later moved the day high at 19.83, up 8.02%. The company’s stock has a 5-day price change of 14.82% and 12.25% over the past three months. AU shares are trading 0.51% year to date (YTD), with the 12-month market performance up to 7.49% higher. It has a 12-month low price of $14.91 and touched a high of $30.26 over the same period. AU has an average intraday trading volume of 2.57 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 11.31%, 10.13%, and -5.68% respectively.
Institutional ownership of AngloGold Ashanti Plc. (NYSE: AU) shares accounts for 20.87% of the company’s 419.69M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $8.19B and a beta (3y monthly) value of 0.72. The stock’s trailing 12-month PE ratio is 210.80, while the earnings-per-share (ttm) stands at $0.09. The company has a PEG of 10.98 and a Quick Ratio of 1.24 with the debt-to-equity ratio at 0.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.18% over the week and 4.19% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0. Earnings per share for the fiscal year are expected to increase by 1.79%, and 30.24% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 11 brokerage firm advisors rate AngloGold Ashanti Plc. (AU) as a “Moderate Buy” at a consensus score of 2.18. Specifically, 4 Wall Street analysts polled rate the stock as a buy, while 6 of the 11 advise that investors “hold,” and 0 rated it as a “Sell.”
