Scotiabank Has Bullish Estimate for AU FY2026 Earnings

AngloGold Ashanti PLC (NYSE:AU) – Equities research analysts at Scotiabank boosted their FY2026 earnings estimates for shares of AngloGold Ashanti in a report issued on Friday, November 28th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will earn $6.48 per share for the year, up from their previous estimate of $6.44. Scotiabank has a “Sector Outperform” rating and a $92.00 price target on the stock. The consensus estimate for AngloGold Ashanti’s current full-year earnings is $3.83 per share.

AngloGold Ashanti (NYSE:AU) last announced its quarterly earnings data on Tuesday, November 11th. The mining company reported $1.32 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.02). The business had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.53 billion. AngloGold Ashanti had a net margin of 23.60% and a return on equity of 22.54%.

Other equities research analysts have also issued reports about the stock. Wall Street Zen lowered shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a report on Friday. Citigroup began coverage on shares of AngloGold Ashanti in a research report on Monday, October 27th. They set a “buy” rating and a $90.00 target price for the company. Roth Capital set a $76.00 target price on shares of AngloGold Ashanti and gave the company a “buy” rating in a research note on Friday, October 3rd. Zacks Research upgraded shares of AngloGold Ashanti from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 28th. Finally, HSBC reissued a “reduce” rating and set a $55.00 price objective on shares of AngloGold Ashanti in a report on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $69.50.

AngloGold Ashanti Stock Down 4.0%

Shares of AU opened at $85.33 on Monday. The business’s 50 day moving average is $73.77 and its 200 day moving average is $59.14. The company has a current ratio of 2.99, a quick ratio of 2.22 and a debt-to-equity ratio of 0.22. AngloGold Ashanti has a 12-month low of $22.45 and a 12-month high of $89.19. The company has a market capitalization of $35.82 billion, a PE ratio of 22.69 and a beta of 0.48.

Institutional Trading of AngloGold Ashanti

A number of large investors have recently made changes to their positions in the business. HHM Wealth Advisors LLC purchased a new stake in shares of AngloGold Ashanti during the 3rd quarter valued at about $25,000. Financial Management Professionals Inc. purchased a new position in AngloGold Ashanti in the second quarter worth about $30,000. SVB Wealth LLC bought a new stake in AngloGold Ashanti during the first quarter worth approximately $32,000. UMB Bank n.a. raised its position in AngloGold Ashanti by 129.0% during the third quarter. UMB Bank n.a. now owns 490 shares of the mining company’s stock valued at $34,000 after purchasing an additional 276 shares during the period. Finally, Optimum Investment Advisors purchased a new stake in AngloGold Ashanti during the third quarter valued at approximately $35,000. 36.09% of the stock is currently owned by institutional investors.

AngloGold Ashanti Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Friday, November 28th will be given a dividend of $0.91 per share. The ex-dividend date is Friday, November 28th. This represents a $3.64 annualized dividend and a yield of 4.3%. AngloGold Ashanti’s dividend payout ratio (DPR) is 80.18%.

AngloGold Ashanti Company Profile

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.