Shares of AngloGold Ashanti Limited (AU) Sees Large Inflow of Net Money Flow

AngloGold Ashanti Limited (AU) : Tuesdays money flow data in AngloGold Ashanti Limited (AU) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $11.65 million, whereas, $10.06 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.16, in favor of the bulls. The total money flow into the stock was $1.6 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $1.96 million. The total value of block trades done on upticks was $2.23 million. The value of bearish trades on downticks was only $0.27 million.The up/down ratio in the block trades was a healthy 8.14 in favor of the bulls, suggesting strong buying in the stock by large traders. AngloGold Ashanti Limited (AU) fell $0.86 and traded at $20.42, down -4.04% for the day, over previous days close. On a weekly basis, the shares are -2.02% over the previous weeks close.


Institutional Investors own 41.35% of AngloGold Ashanti Limited shares.

Shares of AngloGold Ashanti Ltd. rose by 6.04% in the last five trading days and 22.33% for the last 4 weeks. AngloGold Ashanti Ltd. is up 29.07% in the last 3-month period. Year-to-Date the stock performance stands at 187.04%.

AngloGold Ashanti Limited (NYSE:AU): On Tuesdays trading session , Opening price of the stock was $20.87 with an intraday high of $21.175. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $20.34. However, the stock managed to close at $20.38, a loss of 4.23% for the day. On the previous day, the stock had closed at $21.28. The total traded volume of the day was 4,310,460 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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.