On a relative basis, the stock has outperformed the S&P 500 by 25.52% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.77% in the last 1 week, and is up 31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 14.77% and the 50-Day Moving Average is 28.58%.
AngloGold Ashanti Limited (NYSE:AU): The stock opened at $20.75 on Friday but the bulls could not build on the opening and the stock topped out at $21.25 for the day. The stock traded down to $20.75 during the day, due to lack of any buying support eventually closed down at $21.00 with a loss of -0.38% for the day. The stock had closed at $21.08 on the previous day. The total traded volume was 2,487,822 shares.
Institutional Investors own 41.27% of AngloGold Ashanti Limited shares.
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.