AngloGold Ashanti Limited (NYSE: AU) has a higher price-to-earnings ratio of 194.09x compared to its average ratio,, and the 36-month beta value for AU is at 0.69. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The average price suggested by analysts for AU is $21.67, which is $4.7 above the current market price. The public float for AU is 412.50M, and currently, shorts hold a 1.72% of that float. The average trading volume for AU on September 19, 2023 was 2.28M shares.
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AU) stock’s latest price update
AngloGold Ashanti Limited (NYSE: AU)’s stock price has plunge by 0.39relation to previous closing price of 17.98. Nevertheless, the company has seen a 5.31% surge in its stock price over the last five trading sessions. Kitco reported 2023-09-18 that (Kitco News) – B2Gold (TSX: BTO) (NYSE: BTG) announced Monday that it has entered into a purchase agreement with AngloGold Ashanti to acquire AngloGold’s 50% stake in the Gramalote gold project, located in Colombia, for up to $60 million.
AU’s Market Performance
AngloGold Ashanti Limited (AU) has seen a 5.31% rise in stock performance for the week, with a 9.66% gain in the past month and a -25.29% plunge in the past quarter. The volatility ratio for the week is 3.11%, and the volatility levels for the past 30 days are at 2.59% for AU. The simple moving average for the past 20 days is 5.91% for AU’s stock, with a -15.41% simple moving average for the past 200 days.
AU Trading at -5.18% from the 50-Day Moving Average
After a stumble in the market that brought AU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.36% of loss for the given period.
Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 3.11%, as shares surge +11.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.93% lower at present.
During the last 5 trading sessions, AU rose by +5.31%, which changed the moving average for the period of 200-days by +1.35% in comparison to the 20-day moving average, which settled at $17.13. In addition, AngloGold Ashanti Limited saw -7.05% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AU
Current profitability levels for the company are sitting at:
- +18.75 for the present operating margin
- +20.88 for the gross margin
The net margin for AngloGold Ashanti Limited stands at +6.60. The total capital return value is set at 13.45, while invested capital returns managed to touch 4.85. Equity return is now at value 0.90, with 0.50 for asset returns.
Based on AngloGold Ashanti Limited (AU), the company’s capital structure generated 52.95 points at debt to equity in total, while total debt to capital is 34.62. Total debt to assets is 26.90, with long-term debt to equity ratio resting at 50.41. Finally, the long-term debt to capital ratio is 32.96.
When we switch over and look at the enterprise to sales, we see a ratio of 1.99, with the company’s debt to enterprise value settled at 0.24. The receivables turnover for the company is 22.54 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.50.
Conclusion
In conclusion, AngloGold Ashanti Limited (AU) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
