AngloGold Ashanti
About: Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from the Africa region which includes its operations of the Kibali, Iduapriem, Obuasi, Siguiri, and Geita mines.
Employees: 33,658
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 21
25% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 59
11% more funds holding
Funds holding: 189 [Q2] → 210 (+21) [Q3]
5% more capital invested
Capital invested by funds: $3.74B [Q2] → $3.94B (+$201M) [Q3]
0.65% less ownership
Funds ownership: 33.87% [Q2] → 33.22% (-0.65%) [Q3]
38% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 5 (-3) [Q3]
58% less call options, than puts
Call options by funds: $67.6M | Put options by funds: $162M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
JP Morgan Patrick Jones 38% 1-year accuracy 3 / 8 met price target | 34%upside $32 | Overweight Maintained | 6 Dec 2024 |
RBC Capital Josh Wolfson 50% 1-year accuracy 2 / 4 met price target | 30%upside $31 | Outperform Upgraded | 3 Dec 2024 |
Scotiabank Tanya Jakusconek 55% 1-year accuracy 11 / 20 met price target | 26%upside $30 | Sector Perform Upgraded | 21 Nov 2024 |
Financial journalist opinion
Based on 4 articles about AU published over the past 30 days