Roth MKM Raises AngloGold Ashanti (AU) PT to $92 on Bullish 2026 Gold Forecast

Group 1 - AngloGold Ashanti is experiencing significant upward momentum in stock price targets, with Roth Capital raising its target to $92 from $84 and Citi increasing it to $105 from $90, both maintaining a Buy rating [1][2] - The company reported a remarkable 141% year-on-year increase in free cash flow for Q3 2025, reaching $920 million, nearly matching the total free cash flow for the entire year of 2024 [3] - Total revenue for Q3 2025 was $2.37 billion, with earnings per share (EPS) reported at $1.32, alongside a 17% increase in gold production, totaling 768,000 ounces compared to 657,000 ounces in Q3 2024 [3] Group 2 - The growth in production was primarily driven by the successful integration of the Sukari mine in Egypt and a 30% increase in production at the Obuasi mine in Ghana, with Kibali also seeing a 21% rise in output [4] - Other mines, including Geita and Cuiabá, reported production increases of 6%, which helped to offset lower production in Australia and temporary stoppages at the Siguiri plant [4] - AngloGold Ashanti operates as a gold mining company across Africa, Australia, and the Americas, focusing on gold exploration and by-products such as silver and sulphuric acid [5]