Anglo American (OTCMKTS:NGLOY) Reaches New 1-Year High at $16.83

Anglo American plc (OTCMKTS:NGLOY)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $16.83 and last traded at $16.60, with a volume of 821503 shares changing hands. The stock had previously closed at $16.05.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group initiated coverage on Anglo American in a report on Friday, January 12th. They issued a “neutral” rating for the company. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2,630.00.

Anglo American Stock Up 3.0 %

The company has a quick ratio of 1.17, a current ratio of 1.85 and a debt-to-equity ratio of 0.48. The firm has a fifty day simple moving average of $12.45 and a 200 day simple moving average of $12.44.

Anglo American Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, May 10th. Stockholders of record on Friday, March 15th will be issued a $0.1804 dividend. The ex-dividend date is Thursday, March 14th.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.