Most investors focus on Wall Street analyst forecasts and economist opinions to determine what to do with their liquid capital. While this is a good place to start and consider when doing their own due diligence, other factors should be taken into consideration when connecting the dots and understanding where the economy might be headed next.This factor is management activity. Whether it is share buybacks, insider transactions, or, more particularly, dividend payout increases, investors can gain massive ins ...

Shares of AngloGold Ashanti PLC (AU) scaled a new 52-week high of $32.34 on Aug 20 before ending the session lower at $32.09. The upside was fueled by a spike in gold prices.AngloGold Ashanti has a market capitalization of $13.5 billion and currently carries a Zacks Rank #3 (Hold).Shares of the company have gained 71.7% year to date, outpacing the industry’s 28.9% growth and the S&P 500’s 17.7% rise. Meanwhile, the Basic Materials sector has declined 4.2% in the same time frame. Image Source: Zacks Investme ...

Investors digested the sudden spike in volatility last week, bringing stock market indexes lower across the global financial markets. What arguably started with Japan’s interest rate hikes, which triggered an unwind in the so-called “Carry Trade,” has become top of mind for those looking to protect their portfolios. Someone has to return peace of mind to the market.Companies do this by reiterating their faith in the future of their stock prices, as they expect a swift price recovery to follow after the sudd ...

The first ever copper-gold focused drilling program at the northern portion of the Nyngan Project will shortly commence with earn-in partner AngloGold Ashanti Australia (AngloGold Ashanti).New district-scale potential with up to eight large intrusive complex targets to be drill-tested for the first time in this initial first phase program.Approximately 6 to 8 drill holes for an estimated 4000-5000 metres budgeted before the summer break. Kincora is managing the program and will receive a 10% management fee ...

AngloGold Ashanti plc (NYSE:AU) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Alberto Calderon - Chief Executive Officer, Executive Director Gillian Doran - Chief Financial Officer, Executive Director Stewart Bailey - Chief Sustainability & Corporate Affairs Officer Conference Call Participants Adrian Hammond - SPG Securities Leroy Mnguni - HSBC Chris Nicholson - RMB Morgan Stanley Raj Ray - BMO Capital Markets Adrian Day - Adrian Day Asset Management Tanya Jakusconek - Sco ...

H1 2024 Results TROPICANA, AUSTRALIA DISCLAIMER Certain statements contained in this document, other than statements of historical fact, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, total cash costs, all-in sustaining costs, all-in costs, cost savings and other operating results, return on equity, productivity improvements, growth prospects and outlook of AngloGold Ashanti plc's (the "Company", "AngloGold A ...

Company Performance - AngloGold Ashanti closed at $27.14, with a +0.11% change from the previous session, outperforming the S&P 500's daily gain of 0.08% [1] - Over the past month, shares of AngloGold Ashanti gained 7.88%, while the Basic Materials sector lost 1.43% and the S&P 500 lost 0.21% [1] - The upcoming earnings report is set for August 6, 2024, with projected EPS of $0.51, indicating a 200% increase year-over-year, and revenue expected at $1.23 billion, reflecting a 6.23% rise [1] Annual Estimates - For the annual period, Zacks Consensus Estimates anticipate earnings of $2.29 per share and revenue of $5.08 billion, signifying shifts of +2181.82% and +10.78% respectively from the last year [2] - Recent revisions to analyst forecasts are crucial as they indicate changing business trends, with upward revisions reflecting analysts' positivity towards the company's operations [2] Valuation and Ranking - AngloGold Ashanti currently has a Zacks Rank of 5 (Strong Sell), with a consensus EPS projection moving 3.17% lower in the past 30 days [3] - The company is trading at a Forward P/E ratio of 11.84, which is a discount compared to the industry's average Forward P/E of 15.28 [3] - The Mining - Gold industry holds a Zacks Industry Rank of 51, placing it within the top 21% of over 250 industries [3]

The latest trading session saw AngloGold Ashanti (AU) ending at $28.63, denoting a -1.07% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.78% for the day. On the other hand, the Dow registered a loss of 1.29%, and the technology-centric Nasdaq decreased by 0.7%.Prior to today's trading, shares of the gold miner had gained 26.65% over the past month. This has outpaced the Basic Materials sector's gain of 1.42% and the S&P 500's gain of 2.14% in that tim ...

In the latest trading session, AngloGold Ashanti (AU) closed at $28.72, marking a +1.27% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 1.02%. Elsewhere, the Dow gained 1.09%, while the tech-heavy Nasdaq added 1.18%.The gold miner's shares have seen an increase of 26.66% over the last month, surpassing the Basic Materials sector's loss of 3.78% and the S&P 500's gain of 4.44%.The upcoming earnings release of AngloGold Ashanti will be of great interest to inv ...

Company Performance - AngloGold Ashanti's stock closed at $22.85, reflecting a +0.79% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.25% [1] - The stock has decreased by 12.34% over the past month, underperforming the Basic Materials sector's loss of 6.9% and the S&P 500's gain of 3.34% [1] - Analysts expect earnings of $2.28 per share and revenue of $5.16 billion for the full year, indicating increases of +2172.73% and +12.72% respectively compared to last year [1] Analyst Estimates - Recent modifications to analyst estimates for AngloGold Ashanti indicate evolving short-term business trends, with positive revisions reflecting analysts' confidence in the company's performance [2] - The consensus EPS projection has decreased by 19.72% in the past 30 days, and the company currently holds a Zacks Rank of 4 (Sell) [2] Valuation and Industry Context - AngloGold Ashanti is trading at a Forward P/E ratio of 9.94, which is lower than the industry average Forward P/E of 14.87, suggesting it is trading at a discount [3] - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 76, placing it in the top 31% of over 250 industries [3] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable environment for well-ranked industries [3]