Roth Capital Lifts Earnings Estimates for AngloGold Ashanti

AngloGold Ashanti PLC (NYSE:AU - Free Report) - Roth Capital lifted their Q1 2026 earnings estimates for AngloGold Ashanti in a report issued on Monday, June 30th. Roth Capital analyst J. Reagor now forecasts that the mining company will earn $1.06 per share for the quarter, up from their previous estimate of $0.50. Roth Capital currently has a "Buy" rating and a $54.00 target price on the stock. The consensus estimate for AngloGold Ashanti's current full-year earnings is $3.83 per share. Roth Capital also issued estimates for AngloGold Ashanti's Q2 2026 earnings at $0.95 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.84 EPS and FY2026 earnings at $3.73 EPS.

Several other equities analysts have also commented on the stock. Scotiabank increased their price target on shares of AngloGold Ashanti from $42.00 to $43.50 and gave the company a "sector perform" rating in a research note on Monday, May 12th. JPMorgan Chase & Co. raised their target price on shares of AngloGold Ashanti from $33.00 to $53.00 and gave the stock an "overweight" rating in a research report on Monday, April 28th. HSBC restated a "reduce" rating and set a $35.00 target price on shares of AngloGold Ashanti in a research report on Thursday, April 17th. Wall Street Zen lowered shares of AngloGold Ashanti from a "strong-buy" rating to a "buy" rating in a research report on Sunday, June 1st. Finally, Royal Bank Of Canada raised their target price on shares of AngloGold Ashanti from $39.00 to $41.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $43.42.

AngloGold Ashanti Stock Down 0.0%

AngloGold Ashanti stock traded down $0.01 during mid-day trading on Thursday, hitting $46.65. The company had a trading volume of 1,914,491 shares, compared to its average volume of 2,870,450. The stock has a market cap of $19.58 billion, a price-to-earnings ratio of 15.35 and a beta of 0.48. AngloGold Ashanti has a 1 year low of $22.45 and a 1 year high of $51.11. The company has a quick ratio of 1.57, a current ratio of 2.34 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average of $44.51 and a 200 day moving average of $36.01.

AngloGold Ashanti (NYSE:AU - Get Free Report) last released its earnings results on Friday, May 9th. The mining company reported $0.88 earnings per share for the quarter. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.84 billion. AngloGold Ashanti had a net margin of 21.09% and a return on equity of 21.18%.

AngloGold Ashanti Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 2nd were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a yield of 1.14%. AngloGold Ashanti's dividend payout ratio (DPR) is 16.45%.

Hedge Funds Weigh In On AngloGold Ashanti

A number of hedge funds and other institutional investors have recently bought and sold shares of AU. Rhumbline Advisers grew its position in AngloGold Ashanti by 9.3% in the 4th quarter. Rhumbline Advisers now owns 10,745 shares of the mining company's stock valued at $248,000 after buying an additional 910 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in AngloGold Ashanti by 9.9% in the fourth quarter. Bank of New York Mellon Corp now owns 599,937 shares of the mining company's stock valued at $13,847,000 after acquiring an additional 54,096 shares during the period. SBI Securities Co. Ltd. acquired a new stake in AngloGold Ashanti in the fourth quarter valued at $82,000. Charles Schwab Investment Management Inc. lifted its holdings in AngloGold Ashanti by 47.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 381,627 shares of the mining company's stock valued at $8,808,000 after acquiring an additional 122,507 shares during the period. Finally, Victory Capital Management Inc. acquired a new stake in AngloGold Ashanti in the fourth quarter valued at $262,000. 36.09% of the stock is currently owned by hedge funds and other institutional investors.

AngloGold Ashanti Company Profile

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.