Macquarie upgraded Anglo American (OTCMKTS:NGLOY) from Underperform to Neutral in a statement released earlier today.
- Updated: September 20, 2016
Boasting a price of $5.54, Anglo American (OTCMKTS:NGLOY) traded 0.72% lower on the day. The last stock close is up 14.87% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Anglo American has recorded a 50-day average of $5.50 and 200-day moving average of $4.79. Trade volume was was down over the average, with 1,148 shares of NGLOY changing hands under the typical 84,692 shares.
Macquarie has upgraded Anglo American(OTCMKTS:NGLOY) from Underperform to Neutral in a report released Tuesday September 20 2016.
A total of 1 brokerage has issued a research note on the stock. Zero rate the stock a strong buy, 0 rate the company a buy, 0 analysts rate the stock a hold, 0 rate the company to underperform, and lastly 0 analystsrate the company as sell with an average target price of $2.28
Anglo American has a 52 week low of $1.57 and a 52 week high of $5.81 and has a market cap of $0.0.
General Information About Anglo American (OTCMKTS:NGLOY)
Anglo American plc focuses its business on its portfolio of diamonds, platinum group metals and copper. The Company’s segments include Platinum; De Beers; Copper; Nickel; Niobium and Phosphates; Iron ore and Manganese; Coal; Corporate, and others. It produces platinum group metals (PGMs), which provides approximately 40% of mined platinum and its operations are located in the Bushveld Complex in South Africa. It owns interests in De Beers, which is a diamond company and its diamond operations are located in approximately four countries, such as Botswana, Canada, Namibia and South Africa. It has interests in approximately two copper operations, which include the Los Bronces mine, which the Company manages and operates, and the Collahuasi mine. Its phosphates business is located in Goiss state. The Company’s coal portfolio has metallurgical coal assets in Australia, and thermal coal assets in South Africa, and Colombia and Australia.
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