FY2025 EPS Estimates for AngloGold Ashanti Cut by Scotiabank

AngloGold Ashanti plc (NYSE:AU) – Equities researchers at Scotiabank lowered their FY2025 earnings per share (EPS) estimates for shares of AngloGold Ashanti in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will post earnings per share of $2.86 for the year, down from their previous forecast of $3.09. Scotiabank currently has a “Sector Perform” rating and a $34.00 target price on the stock. The consensus estimate for AngloGold Ashanti’s current full-year earnings is $3.83 per share. Scotiabank also issued estimates for AngloGold Ashanti’s FY2026 earnings at $2.51 EPS.

AngloGold Ashanti (NYSE:AU) last released its quarterly earnings results on Wednesday, February 19th. The mining company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.10). The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion.

AU has been the subject of a number of other research reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $36.00 target price on shares of AngloGold Ashanti in a research note on Thursday, February 20th. JPMorgan Chase & Co. lowered their price objective on AngloGold Ashanti from $37.00 to $32.00 and set an “overweight” rating for the company in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $34.00.

AngloGold Ashanti Stock Up 2.1 %

Shares of AU opened at $35.60 on Monday. The firm has a market cap of $14.94 billion, a PE ratio of 11.13 and a beta of 0.92. AngloGold Ashanti has a fifty-two week low of $21.23 and a fifty-two week high of $36.69. The company has a quick ratio of 1.14, a current ratio of 1.73 and a debt-to-equity ratio of 0.46. The company’s fifty day moving average is $31.15 and its two-hundred day moving average is $27.99.

AngloGold Ashanti Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.69 per share. The ex-dividend date is Friday, March 14th. This is a positive change from AngloGold Ashanti’s previous semi-annual dividend of $0.22. This represents a yield of 2.8%. AngloGold Ashanti’s dividend payout ratio (DPR) is presently 43.13%.

Institutional Trading of AngloGold Ashanti

A number of institutional investors have recently bought and sold shares of the company. Whittier Trust Co. bought a new stake in AngloGold Ashanti during the fourth quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its stake in shares of AngloGold Ashanti by 210.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,174 shares of the mining company’s stock worth $27,000 after acquiring an additional 796 shares during the last quarter. Hara Capital LLC acquired a new position in shares of AngloGold Ashanti during the fourth quarter valued at $29,000. Nomura Asset Management Co. Ltd. bought a new stake in shares of AngloGold Ashanti during the fourth quarter worth approximately $32,000. Finally, R Squared Ltd acquired a new position in shares of AngloGold Ashanti in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 36.09% of the company’s stock.

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.