Canaccord Genuity Initiates Coverage on AngloGold Ashanti Limited with a "Buy" Rating

Canaccord Genuity initiated coverage on AngloGold Ashanti Limited (NYSE:AU) with a "Buy" rating amid a recovery in gold prices.Gold prices have rebounded, closing above $5,000 per ounce, benefiting gold mining companies like AU.AU's stock price has seen a 5.44% increase, reflecting the positive sentiment in the gold market.On February 9, 2026, Canaccord Genuity initiated coverage on AngloGold Ashanti Limited (NYSE:AU) with a "Buy" rating. At the time, AU's stock price was $103.95, as reported by StreetInsid ...