AngloGold Ashanti Limited (NYSE:AU) has a beta value of 0.59 and has seen 1,414,627 shares traded in the recent trading session. The company, currently valued at $9Billion, closed the recent trade at $21.53 per share which meant it gained $0.95 on the day or 4.62% during that session. The AU stock price is -78.82% off its 52-week high price of $38.5 and 13.1% above the 52-week low of $18.71. If we look at the companys 10-day average daily trading volume, we find that it stood at 4.8 Million shares traded. The 3-month trading volume is 3.44 Million shares.
The consensus among analysts is that AngloGold Ashanti Limited (AU) is an Overweight stock at the moment, with a recommendation rating of 2.5. 1 analysts rate the stock as a Sell, while none rate it as Overweight. 7 out of 14 have rated it as a Hold, with 6 advising it as a Buy. None have rated the stock as Underweight.
AngloGold Ashanti Limited (NYSE:AU) trade information
Sporting 4.62% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, May 03 when the AU stock price touched $21.69- or saw a rise of 0.78%. Year-to-date, AngloGold Ashanti Limited shares have moved -4.86%, while the 5-day performance has seen it change 0.33%. Over the past 30 days, the shares of AngloGold Ashanti Limited (NYSE:AU) have changed -6.35%. Short interest in the company has seen 4.05 Million shares shorted with days to cover at 1.18.
Wall Street analysts have a consensus price target for the stock at $26.5, which means that the shares value could jump 23.08% from the levels at last check today. The projected low price target is $21.57 while the price target rests at a high of $33.22. In that case, then, we find that the latest price level in todays session is +54.3% off the targeted high while a plunge would see the stock lose 0.19% from the levels at last check today.
AngloGold Ashanti Limited (AU) estimates and forecasts
If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +46.7% over the past 5 years. Earnings growth for 2021 is a modest +68.1% while over the next 5 years, the companys earnings are expected to increase by 34.89%.
AngloGold Ashanti Limited is expected to release its next earnings report in June, and investors are excited at the prospect of better dividends despite the companys debt issue. The forward dividend is 0.47 at a share yield of 2.26%.
AngloGold Ashanti Limited (NYSE:AU)s Major holders
Insiders own 0% of the company shares, while shares held by institutions stand at 32.57% with a share float percentage of 32.57%. Investors are also buoyed by the number of investors in a company, with AngloGold Ashanti Limited having a total of 299 institutions that hold shares in the company. The top two institutional holders are Van Eck Associates Corporation with over 26.43 Million shares worth more than $597.89 Million. As of December 30, 2020, Van Eck Associates Corporation held 6.33% of shares outstanding.
The other major institutional holder is Capital International Investors, with the holding of over 8.14 Million shares as of December 30, 2020. The firms total holdings are worth over $184.23 Million and represent 1.95% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck Vectors ETF Tr-Gold Miners ETF and Invesco Oppenheimer Gold & Special Minerals Fund Inc. As of March 30, 2021, the former fund manager holds about 4.9% shares in the company for having 20442211 shares of worth $449.12 Million while later fund manager owns 4.93 Million shares of worth $115.61 Million as of January 30, 2021, which makes it owner of about 1.18% of company’s outstanding stock.