AngloGold Ashanti Limited (ADR) (AU) was Downgraded by Citigroup to ” Sell”. Earlier the firm had a rating of “Neutral ” on the company shares. Citigroup advised their investors in a research report released on May 10, 2016.
Many Wall Street Analysts have commented on AngloGold Ashanti Limited (ADR). AngloGold Ashanti Limited (ADR) was Upgraded by RBC Capital Mkts to ” Outperform” on Apr 11, 2016. AngloGold Ashanti Limited (ADR) was Downgraded by RBC Capital Mkts to ” Sector Perform” on Mar 8, 2016. AngloGold Ashanti Limited (ADR) was Upgraded by Citigroup to ” Neutral” on Feb 23, 2016.
AngloGold Ashanti Limited (ADR) opened for trading at $15.93 and hit $16.475 on the upside on Friday, eventually ending the session at $16.37, with a gain of 4.33% or 0.68 points. The heightened volatility saw the trading volume jump to 59,45,317 shares. Company has a market cap of $6,589 M.
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.