AngloGold Ashanti Limited (AU) : During the past 4 weeks, traders have been relatively bearish on AngloGold Ashanti Limited (AU), hence the stock is down -9.28% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -12.48% relative to the S&P 500. The 4-week change in the price of the stock is -8.93% and the stock has fallen -12.51% in the past 1 week.
AngloGold Ashanti Ltd. is up 32.57% in the last 3-month period. Year-to-Date the stock performance stands at 170%. The stock has recorded a 20-day Moving Average of 10.34% and the 50-Day Moving Average is 2.21%.
AngloGold Ashanti Limited (NYSE:AU): The stock opened at $19.24 on Friday but the bulls could not build on the opening and the stock topped out at $19.47 for the day. The stock traded down to $19.08 during the day, due to lack of any buying support eventually closed down at $19.17 with a loss of -3.08% for the day. The stock had closed at $19.78 on the previous day. The total traded volume was 2,448,925 shares.
Also, In the latest statement by the brokerage house, Citigroup downgrades its outlook on AngloGold Ashanti Limited (NYSE:AU). The current rating of the shares is Sell, according to the research report released by the firm. Previously, the company had a rating of Neutral. The rating by the firm was issued on May 10, 2016.
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.