Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is AngloGold Ashanti (AU) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.AngloGold Ashanti is a member of the Basic Materials sector. This group includes 236 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank considers 16 dif ...

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 ...

AngloGold Ashanti (AU) closed the latest trading day at $27.14, indicating a +0.11% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq gained 0.07%.Heading into today, shares of the gold miner had gained 7.88% over the past month, outpacing the Basic Materials sector's loss of 1.43% and the S&P 500's loss of 0.21% in that time.Analysts and investors alike will be keeping a close eye on the performance ...

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 ...