AngloGold Ashanti (NYSE:AU – Get Free Report) announced its quarterly earnings data on Wednesday. The mining company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.10), Zacks reports.
AngloGold Ashanti Trading Down 3.4 %
AU opened at $31.10 on Thursday. AngloGold Ashanti has a 12-month low of $17.01 and a 12-month high of $33.77. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.73. The stock has a fifty day moving average of $27.29 and a 200-day moving average of $27.62.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the stock. StockNews.com downgraded shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Scotiabank raised AngloGold Ashanti from a “sector underperform” rating to a “sector perform” rating and set a $30.00 target price for the company in a report on Thursday, November 21st. Royal Bank of Canada raised AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $31.00 price target on the stock in a report on Tuesday, December 3rd. Finally, JPMorgan Chase & Co. reduced their price objective on AngloGold Ashanti from $37.00 to $32.00 and set an “overweight” rating for the company in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $31.75.
AngloGold Ashanti Company Profile
AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.
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