Zacks Investment Research downgraded AngloGold Ashanti Limited (ADR) (NYSE:AU) to Strong Sell in a statement released earlier today.
- Updated: October 11, 2016
Having a price of $12.96, AngloGold Ashanti Limited (ADR) (NYSE:AU) traded -3.50% lower on the day. With the last close down -23.08% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. AngloGold Ashanti Limited (ADR) has recorded a 50-day average of $16.00 and a two hundred day average of $16.85. Volume of trade was up over the average, with 3,912,385 shares of AU changing hands over the typical 3,547,250
Zacks Investment Research has downgraded AngloGold Ashanti Limited (ADR) (NYSE:AU) to Strong Sell in a statement released on 10/11/2016.
With a total market value of $0, AngloGold Ashanti Limited (ADR) has price-earnings ratio of 48.36 with a one year low of $6.20 and a one year high of $22.91 .
A total of 4 equity analysts have released a research note on AU. One equity analyst rating the company a strong buy, three equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $15.45.
More About AngloGold Ashanti Limited (ADR) (NYSE:AU)
AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company. The Company's business activities span the spectrum of the mining value chain. Its main product is gold. Its portfolio includes over 17 mines in approximately nine countries. It also produces silver, uranium and sulfuric acid as by-products. The Company operates through four segments: South Africa, Continental Africa, Australasia and Americas. Its South African operations comprise over four mines and surface production facilities, which include the Vaal River operations, including Kopanang and Moab Khotsong; The West Wits operations, including Mponeng and TauTona, and surface operations. It has operations in Continental Africa in locations, including Democratic Republic of the Congo, Ghana, Guinea, Mali and Tanzania. The Australasia segment includes the operations in Australia. It consists of Sunrise Dam and Tropicana. The Americas segment includes the operations in Argentina, Brazil and the United States.
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