Should You Buy, Sell or Hold AU Stock Before Q4 Earnings Release?

Core Viewpoint - AngloGold Ashanti PLC is expected to report strong fourth-quarter 2025 results, driven by higher gold prices and increased production, with earnings projected to rise by 113.5% year-over-year and total sales expected to increase by 73% [1][4][19] Earnings and Sales Estimates - The Zacks Consensus Estimate for fourth-quarter 2025 earnings is $1.90 per share, unchanged over the past 60 days [1] - Total sales for the fourth quarter are estimated at $3.03 billion, reflecting a 73% increase from the previous year [4] Production Performance - In the third quarter, AngloGold Ashanti reported a 17% year-over-year increase in gold production, totaling 768,000 ounces, supported by contributions from key assets such as Sukari, Obuasi, Kibali, and Geita [8][9] - The production increases are expected to continue into the fourth quarter, contributing to the anticipated higher earnings [8] Market Conditions - The rise in gold prices in 2025 has been influenced by geopolitical tensions, a depreciating U.S. dollar, potential monetary policy easing, and central bank purchases, leading to near-record high levels of gold prices [10] - This favorable market environment is expected to enhance AngloGold Ashanti's performance in the upcoming quarter [10] Stock Performance and Valuation - AngloGold Ashanti's shares have surged 258.3% over the past year, outperforming the industry average increase of 147.6% [12] - The stock is currently trading at a forward earnings multiple of 12.60X, which is below the industry average of 14.05X [13] Strategic Growth Initiatives - The company is pursuing both organic and inorganic growth strategies, including the acquisition of Centamin, which added the Sukari mine to its portfolio, capable of producing 500,000 ounces annually [17] - AngloGold Ashanti is also focusing on streamlining operations and enhancing its presence in core markets, particularly in the United States [18]