AU Stock Summary and Trading Ideas (Anglogold Ashanti PLC | NYSE:AU)

Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from the Africa region which includes its operations of the Kibali, Iduapriem, Obuasi, Siguiri, and Geita mines.

Anglogold Ashanti PLC trades on the NYSE stock market under the symbol AU.

As of January 15, 2025, AU stock price climbed to $26.91 with 1,158,381 million shares trading.

AU has a beta of 0.77, meaning it tends to be less sensitive to market movements. AU has a correlation of 0.06 to the broad based SPY ETF.

AU has a market cap of $13.55 billion. This is considered a Large Cap stock.

In the last 3 years, AU traded as high as $32.57 and as low as $11.94.

The top ETF exchange traded funds that AU belongs to (by Net Assets): GDX, VXUS, AVDV, AVEM, DISV.

AU has outperformed the market in the last year with a price return of +56.4% while the SPY ETF gained +25.5%. However, in the short term, AU had mixed performance relative to the market. It has underperformed in the last 3 months, returning -1.6% vs +1.5% return in SPY. But in the last 2 weeks, AU shares have fared better than the market returning +16.6% compared to SPY +0.9%.

AU support price is $25.73 and resistance is $27.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AU shares will trade within this expected range on the day.