AngloGold Ashanti Limited (NYSE:AU) gapped up before the market opened on Wednesday . The stock had previously closed at $9.94, but opened at $10.19. AngloGold Ashanti shares last traded at $10.52, with a volume of 3405800 shares traded.
Several brokerages have recently issued reports on AU. Zacks Investment Research downgraded shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Thursday. ValuEngine downgraded shares of AngloGold Ashanti from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Deutsche Bank raised shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. Royal Bank of Canada raised shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $11.50 price objective for the company in a research report on Monday, November 13th. Finally, raised shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. AngloGold Ashanti has a consensus rating of “Hold” and an average target price of $11.75.
The company has a current ratio of 1.57, a quick ratio of 0.65 and a debt-to-equity ratio of 0.88.
COPYRIGHT VIOLATION WARNING: “AngloGold Ashanti (AU) Shares Gap Up to $10.19” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/3126645/anglogold-ashanti-au-shares-gap-up-to-10-19.html.
About AngloGold Ashanti
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.
Receive News & Ratings for AngloGold Ashanti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AngloGold Ashanti and related companies with MarketBeat.com's FREE daily email newsletter.