A share price of AngloGold Ashanti Plc. [AU] is currently trading at $21.11, up 8.26%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AU shares have gain 13.98% over the last week, with a monthly amount glided 12.89%, and seem to be holding up well over a long-time horizon.
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On 13, February 2024, AngloGold Ashanti Announces H2 2023 and FY2023 Results Conference Call. In a post published today on Yahoo Finance, AngloGold Ashanti plc (“AGA”) will release its results for the year ended 31 December 2023 on Friday, 23 February 2024. We invite you to participate in our market call via webcast or conference call.
From an analyst’s perspective:
AngloGold Ashanti Plc. [NYSE: AU] stock has seen the most recent analyst activity on November 14, 2023, when HSBC Securities upgraded its rating to a Hold. Previously, Morgan Stanley downgraded its rating to Equal-Weight on October 18, 2023. On September 12, 2023, upgrade upgraded it’s rating to Outperform. Investec downgraded its rating to a Sell. JP Morgan upgraded its rating to a Overweight and raised its price target to $24.20 on March 07, 2022. BMO Capital Markets downgraded its rating to Market Perform for this stock on June 02, 2021, and downed its price target to $27. In a note dated March 08, 2021, HSBC Securities upgraded an Hold rating on this stock.
AngloGold Ashanti Plc. experienced fluctuations in its stock price throughout the past year between $14.91 and $30.26. Currently, Wall Street analysts expect the stock to reach $20.5 within the next 12 months. AngloGold Ashanti Plc. [NYSE: AU] shares were valued at $21.11 at the most recent close of the market. An investor can expect a potential drop of -2.89% based on the average AU price forecast.
Analyzing the AU fundamentals
Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.52 points at the first support level, and at 19.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.41, and for the 2nd resistance point, it is at 21.71.
Ratios To Look Out For
To put it in perspective, the Current Ratio for AngloGold Ashanti Plc. [NYSE:AU] is 2.18. As well, the Quick Ratio is 1.24, while the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 1.93, the price to book ratio is 2.19 and price to earnings (TTM) ratio is 227.97.
