AngloGold Ashanti Plc. [AU] stock prices are up 1.04% to $22.36 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AU shares have gain 14.67% over the last week, with a monthly amount glided 25.34%, and seem to be holding up well over a long-time horizon.
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On 8, March 2024, AngloGold Ashanti Chairman Maria Ramos to Retire; Director Jochen Tilk Appointed Chairman. In a post published today on Yahoo Finance, AngloGold Ashanti plc announces that Ms. Maria Ramos, independent non-executive director and chairman of the Board of Directors, has elected not to stand for re-election at the upcoming annual general meeting of shareholders on 28 May 2024.
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.
The stock price of AngloGold Ashanti Plc. [AU] has been fluctuating between $14.91 and $30.26 over the past year. 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 $22.36 at the most recent close of the market. An investor can expect a potential drop of -8.32% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.
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 22.02 points at the first support level, and at 21.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.57, and for the 2nd resistance point, it is at 22.77.
Ratios To Look Out For
It’s worth pointing out that AngloGold Ashanti Plc. [NYSE:AU]’s Current Ratio is 2.18. Further, the Quick Ratio stands at 1.24, while the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 2.32 and price to earnings (TTM) ratio is 241.47.
