In today’s recent session, 2,858,407 shares of the AngloGold Ashanti Limited (NYSE:AU) have been traded, and its beta is 0.62. Most recently the company’s share price was $22.09, and it changed around -$0.61 or -0.03% from the last close, which brings the market valuation of the company to $9.21 Billion. AU at last check was trading at a discount to its 52-week high of $38.5, offering almost -74.29% off that amount. The share price’s 52-week low was $18.71, which indicates that the recent value has risen by an impressive 15.3% since then. We note from AngloGold Ashanti Limited’s average daily trading volume that its 10-day average is 4.8 Million shares, with the 3-month average coming to 3.44 Million.
AngloGold Ashanti Limited stock received a consensus recommendation rating of Overweight, based on a mean score of 2.5. If we narrow it down even further, the data shows that 1 out of 14 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 7 recommended AU as a Hold, whereas 6 deemed it a Buy, and no one rated it as Underweight. AngloGold Ashanti Limited is expected to report earnings per share of $0 for the current quarter.
AngloGold Ashanti Limited (NYSE:AU): Trading Information Today
Although AU has been showing red trend so far today with a performance of -2.69% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $23.45 on Tuesday, Apr 06 increased the stock’s daily price by 5.74%. The company’s shares are currently down -0.02% year-to-date, but still up 0.0215 over the last five days. On the other hand, AngloGold Ashanti Limited (NYSE:AU) is 0.02% up in the 30-day period. We can see from the shorts that 5.58 Million shares have been sold at a short interest cover period of 1.62 day (s).
The consensus price target as assigned by Wall Street analysts is $26.36, which translates to bears needing to increase their stock price by 19.33% from its current value. Analyst projections state that AU is forecast to be at a low of $19.82 and a high of $33.33. In order for the stock price to hit the forecast high, the stock would need to surge +50.88% from its current level, while the stock would need to crash -10.28% from its current level to reach the projected low.
AngloGold Ashanti Limited (AU) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 46.7%. AngloGold Ashanti Limited earnings are expected to increase by 68.1% in 2021, but the outlook is positive 34.89% per year for the next five years.
AU Dividend Yield
The annual dividend yield of the stock is 2.05 percent and its annual dividend per share was $0.47. It is important to note, however, that the 2.05% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
AngloGold Ashanti Limited (NYSE:AU)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0% of AngloGold Ashanti Limited shares, and 31.3% of them are in the hands of institutional investors. The stock currently has a share float of 31.3%. AngloGold Ashanti Limited stock is held by 296 institutions, with Van Eck Associates Corporation being the largest institutional investor. By Dec 30, 2020, it held 6.33% of the shares, which is about 26.43 Million shares worth $597.89 Million.
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Capital International Investors, with 1.95% or 8.14 Million shares worth $184.23 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
VanEck Vectors ETF Tr-Gold Miners ETF and Invesco Oppenheimer Gold & Special Minerals Fund, Inc. were the top two Mutual Funds as of Jan 30, 2021. The former held 23848183 shares worth $559.48 Million, making up 5.72% of all outstanding shares. On the other hand, Invesco Oppenheimer Gold & Special Minerals Fund, Inc. held roughly 4.59 Million shares worth around $106.15 Million, which represents about 1.1% of the total shares outstanding.