News headlines about AngloGold Ashanti Limited (NYSE:AU) have been trending positive this week, Alpha One Sentiment reports. The research firm, a unit of Accern, identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AngloGold Ashanti Limited earned a news impact score of 0.30 on Alpha One’s scale. Alpha One also gave news coverage about the mining company an impact score of 100 out of 100, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have effected AlphaOne Sentiment’s scoring:
- Tale of the Ticker: AngloGold Ashanti Ltd (AU) Moves on Volume – JCTY News (jctynews.com)
- Van Eck Associates Has Lifted Anglogold Ashanti LTD (AU) Holding, BlackBerry Ltd (BBRY) Covered By 3 Bulls – Thorold News (whatsonthorold.com)
- The CIBC Lowers AngloGold Ashanti Limited (AU) to Sector Perform – BangaloreWeekly (bangaloreweekly.com)
- The AngloGold Ashanti Limited (AU) Lowered to “Sector Perform” at CIBC – BangaloreWeekly (bangaloreweekly.com)
- Rating Roundup: Anglogold Ashanti Ltd (NYSE:AU) – ExpertGazette (expertgazette.com)
A number of equities research analysts have recently issued reports on the stock. Bank of America Corp raised shares of AngloGold Ashanti Limited from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 5th. Goldman Sachs Group Inc downgraded shares of AngloGold Ashanti Limited from a “buy” rating to a “neutral” rating in a research report on Monday, April 24th. Zacks Investment Research raised shares of AngloGold Ashanti Limited from a “sell” rating to a “hold” rating in a research report on Friday, April 14th. JPMorgan Chase & Co. downgraded shares of AngloGold Ashanti Limited from an “overweight” rating to a “neutral” rating in a research report on Friday, March 3rd. Finally, Citigroup Inc downgraded shares of AngloGold Ashanti Limited from a “neutral” rating to a “sell” rating in a research report on Wednesday, February 22nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $13.22.
Shares of AngloGold Ashanti Limited (NYSE:AU) traded up 2.57% during midday trading on Friday, hitting $11.59. 4,910,429 shares of the stock were exchanged. The firm’s 50-day moving average is $11.68 and its 200-day moving average is $11.57. AngloGold Ashanti Limited has a 12 month low of $9.28 and a 12 month high of $22.91. The stock has a market cap of $4.74 billion, a price-to-earnings ratio of 77.27 and a beta of -1.31.
In related news, Director Matti Talikka sold 100,000 shares of the firm’s stock in a transaction on Monday, April 3rd. The shares were sold at an average price of $1.63, for a total transaction of $163,000.00. Also, insider David Loveys sold 125,000 shares of the firm’s stock in a transaction on Monday, April 3rd. The shares were sold at an average price of $1.63, for a total transaction of $203,750.00.
AngloGold Ashanti Limited Company Profile
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.
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