Anglo American (OTCMKTS:NGLOY) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Anglo American's stock has received a consensus rating of "Hold" from analysts, with varying assessments including one sell, three hold, two buy, and one strong buy.
• The company plans to pay a dividend of $0.028 per share on October 7th, with an ex-dividend date set for August 22nd.
• Anglo American's shares have seen a slight increase of 0.6%, opening at $15.35, with a 52-week range between $12.70 and $18.74.

Anglo American (OTCMKTS:NGLOY - Get Free Report) has been given an average rating of "Hold" by the seven brokerages that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Separately, Royal Bank Of Canada reiterated a "sector perform" rating on shares of Anglo American in a research report on Monday, August 4th.

Anglo American Trading Up 3.3%

Shares of NGLOY traded up $0.50 during mid-day trading on Friday, hitting $15.50. 129,318 shares of the company were exchanged, compared to its average volume of 196,487. The company has a 50 day moving average of $14.80 and a 200-day moving average of $14.44. Anglo American has a 1-year low of $12.70 and a 1-year high of $18.74. The company has a quick ratio of 1.29, a current ratio of 1.86 and a debt-to-equity ratio of 0.57.

Anglo American Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, October 7th. Shareholders of record on Monday, August 25th will be paid a dividend of $0.028 per share. The ex-dividend date is Friday, August 22nd.

About Anglo American

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.