AngloGold Ashanti (AU)

• Market cap: $15.5B
• 1 day: -1.09%
• 5 days: 9.74%
• 1 month: 31.15%
• 3 months: 13.71%
• 6 months: 15.88%
• Year to date: 26.79%
• 1 year: 74.06%
• 5 years: 57.53%
• 10 years: 141.85%

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)

133% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 18

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

• Low target: $30 3% downside
• Avg. target: $31 0% upside
• High target: $32 4% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

JP Morgan Patrick Jones 63% 1-year accuracy 5 / 8 met price target	4% upside $32	Overweight Maintained	6 Dec 2024
RBC Capital Josh Wolfson 75% 1-year accuracy 3 / 4 met price target	0% upside $31	Outperform Upgraded	3 Dec 2024
Scotiabank Tanya Jakusconek 76% 1-year accuracy 16 / 21 met price target	3% downside $30	Sector Perform Upgraded	21 Nov 2024