RBC Capital Upgrades AngloGold Ashanti Limited (ADR) to Outperform

Brokerage firm RBC Capital Upgrades its rating on AngloGold Ashanti Limited (ADR)(NYSE:AU). The shares have been rated Outperform. Previously, the analysts had a Sector Perform rating on the shares. The rating by RBC Capital was issued on Apr 11, 2016.

In a different note, On Mar 8, 2016, RBC Capital said it Downgrades its rating on AngloGold Ashanti Limited (ADR). The shares have been rated ‘Sector Perform’ by the firm. On Feb 23, 2016, Citigroup said it Upgrades its rating on AngloGold Ashanti Limited (ADR). The shares have been rated ‘Neutral’ by the firm. On Jan 15, 2016, Goldman Sachs said it Upgrades its rating on AngloGold Ashanti Limited (ADR). The shares have been rated ‘Buy’ by the firm.

AngloGold Ashanti Limited (ADR) (AU) made into the market gainers list on Fridays trading session with the shares advancing 2.40% or 0.35 points. Due to strong positive momentum, the stock ended at $14.96, which is also near the day’s high of $15.25. The stock began the session at $14.65 and the volume stood at 36,88,004 shares. The 52-week high of the shares is $15.96 and the 52 week low is $5.64. The company has a current market capitalization of $6,021 M and it has 40,24,86,420 shares in outstanding.

AngloGold Ashanti Limited (ADR)(AU) last announced its earnings results on Feb 22, 2016 for Fiscal Year 2015 and Q4.Earnings per share were $0.10.

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining and exploration company. The company works across the spectrum of the mining value chain. The Company also produces silver uranium and sulfuric acid as by-products. It has approximately 20 operations located in 10 countries. The Company operates in four segments: South Africa which includes operations and assets in West Wits Vaal River and surface operations which includes First Uranium SA which owns Mine Waste Solutions (MWS); Continental Africa which includes operations in the DRC Ghana Guinea Mali and Tanzania; Australasia which comprises two operations in Australia and Americas which includes operations in Argentina Brazil and the United States.

Leave a Reply

AngloGold Ashanti Limited (ADR) - Is it time to Sell?

Top Brokerage Firms are advising their investors on AngloGold Ashanti Limited (ADR). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.