AU Stock Analysis: AngloGold Ashanti | NYSE

Gold | NYSE, USA | Market Cap: 42.801m USD | 12M Return: 85.1% | Charts, Fundamentals & Technical Analysis

Gold, Silver, Sulphuric Acid, Mining
Total Rating 77
Safety 83
Buy Signal -1.00
Gold
Industry Rotation: -4.4
Market Cap: 42.8B
Avg Turnover: 314M
Risk 3d forecast
Volatility64.4%
VaR 5th Pctl11.1%
VaR vs Median5.10%
Reward TTM
Sharpe Ratio1.32
Rel. Str. IBD50.4
Rel. Str. Peer Group79
Character TTM
Beta0.866
Beta Downside0.531
Hurst Exponent0.520
Drawdowns 3y
Max DD37.03%
CAGR/Max DD1.81
CAGR/Mean DD5.48
EPS (Earnings per Share) EPS (Earnings per Share) of AU over the last years for every Quarter: "2021-06": 0.39, "2021-09": 0.33, "2021-12": 0.33, "2022-03": 0.42, "2022-06": 0.29, "2022-09": 0, "2022-12": 0.67, "2023-03": 0.19, "2023-06": 0.34, "2023-09": 0.33, "2023-12": -0.25, "2024-03": 0.33, "2024-06": 0.6, "2024-09": 0.56, "2024-12": 0.89, "2025-03": 0.88, "2025-06": 1.25, "2025-09": 1.32, "2025-12": 1.9, "2026-03": 2.52,
EPS CAGR: 119.00%
EPS Trend: 88.3%
Last SUE: 3.50
Qual. Beats: 1
Revenue Revenue of AU over the last years for every Quarter: 2021-06: 1965, 2021-09: 1032, 2021-12: 1032, 2022-03: 1052, 2022-06: 1052, 2022-09: 1173, 2022-12: 1173, 2023-03: 1028, 2023-06: 2186, 2023-09: 1140, 2023-12: 2396, 2024-03: 1171, 2024-06: 1171, 2024-09: 1491, 2024-12: 1750, 2025-03: 1963, 2025-06: 2445, 2025-09: 2417, 2025-12: 3068, 2026-03: 3235.999999,
Rev. CAGR: 23.76%
Rev. Trend: 82.2%
Last SUE: -0.06
Qual. Beats: 0

Warnings

Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +6.4% 28
Feb -7.8% 25
Mar +1.5% 34
Apr -0.2% 0
May +0.5% 11
Jun -7.4% 45
Jul +4.1% 38
Aug -3.2% 9
Sep -5.9% 22
Oct +1.0% 5
Nov +5.6% 25
Dec -1.7% 11

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: AU AngloGold Ashanti

AngloGold Ashanti plc (NYSE: AU) is a large-cap gold mining company that explores for and produces gold, along with by-products such as silver and sulphuric acid. Its operations span Africa, Australia, and the Americas, with the Geita mine in northwestern Tanzania serving as its flagship property. The company is headquartered in Greenwood Village, Colorado, and has been in operation since its incorporation in 1944, though it has traded publicly since 1972.

As a producer in the GICS Materials sector and Gold sub-industry, AngloGold Ashanti benefits from golds role as a precious metal and inflation hedge, while silver and sulphuric acid by-products provide supplementary revenue streams tied to industrial demand.

Headlines to Watch Out For
  • Gold price rally boosts margins and free cash flow
  • Geita mine production growth anchors output guidance
  • Capital returns expand as all-in sustaining costs decline
Piotroski VR-10 (Strict) 8.0
Net Income: 3.47b TTM > 0 and > 6% of Revenue
FCF/TA: 0.25 > 0.02 and ΔFCF/TA 17.17 > 1.0
NWC/Revenue: 27.06% < 20% (prev 28.96%; Δ -1.90% < -1%)
CFO/TA 0.37 > 3% & CFO 5.75b > Net Income 3.47b
Net Debt (-685.0m) to EBITDA (6.39b): -0.11 < 3
Current Ratio: 2.71 > 1.5 & < 3
Outstanding Shares: last quarter (504.9m) vs 12m ago 0.29% < -2%
Gross Margin: 52.17% > 18% (prev 38.57%; Δ 13.59% > 0.5%)
Asset Turnover: 76.75% > 50% (prev 47.61%; Δ 29.15% > 0%)
Interest Coverage Ratio: 26.33 > 6 (EBIT TTM 5.37b / Interest Expense TTM 204.0m)
Altman Z'' 7.08
A: 0.19 (Total Current Assets 4.79b - Total Current Liabilities 1.77b) / Total Assets 15.7b
B: 0.51 (Retained Earnings 7.97b / Total Assets 15.7b)
C: 0.37 (EBIT TTM 5.37b / Avg Total Assets 14.5b)
D: 1.60 (Book Value of Equity 8.53b / Total Liabilities 5.33b)
Altman-Z'' = 7.08 = AAA
Beneish M -3.33
DSRI: 0.10 (Receivables 30.0m/643.0m, Revenue 11.2b/6.38b)
GMI: 0.74 (GM 38.57% / 52.17%)
AQI: 1.25 (AQ_t 0.13 / AQ_t-1 0.10)
SGI: 1.75 (Revenue 11.2b / 6.38b)
TATA: -0.14 (NI 3.47b - CFO 5.75b) / TA 15.7b)
Beneish M = -3.33 (Cap -4..+1) = AA
What is the price of AU shares?

As of July 07, 2026, the stock is trading at USD 84.05 with a total of 2,583,608 shares traded. Over the past week, the price has changed by +2.98%, over one month by -0.50%, over three months by -16.17% and over the past year by +85.05%.

Current recommended Stop Loss: 74.20 (which is 11.7% or 2.2 ATR below the current price).

Is AU a buy, sell or hold?

AngloGold Ashanti has received a consensus analysts rating of 3.38. Therefore, it is recommended to hold AU.

  • StrongBuy: 1
  • Buy: 3
  • Hold: 3
  • Sell: 0
  • StrongSell: 1

What are the forecasts/targets for the AU price?
Analysts Target Price 118.4 40.8%
AngloGold Ashanti (AU) - Fundamental Data Overview as of 04 July 2026
Market Cap USD = 42.8b (42.8b USD * 1.0 USD.USD)
P/E Trailing = 12.4303
P/E Forward = 10.2249
P/S = 3.8332
P/B = 4.792
P/EG = 0.782
Revenue TTM = 11.2b USD
EBIT TTM = 5.37b USD
EBITDA TTM = 6.39b USD
Long Term Debt = 2.02b USD (from longTermDebt, last quarter)
Short Term Debt = 112.0m USD (from shortTermDebt, last quarter)
Debt = 2.49b USD (from shortLongTermDebtTotal, last quarter) + Leases 207.0m
Net Debt = -685.0m USD (calculated: Debt 2.49b - CCE 3.18b)
Enterprise Value = 42.1b USD (42.8b + Debt 2.49b - CCE 3.18b)
Interest Coverage Ratio = 26.33 (Ebit TTM 5.37b / Interest Expense TTM 204.0m)
EV/FCF = 10.53x (Enterprise Value 42.1b / FCF TTM 4.00b)
FCF Yield = 9.50% (FCF TTM 4.00b / Enterprise Value 42.1b)
FCF Margin = 35.83% (FCF TTM 4.00b / Revenue TTM 11.2b)
Net Margin = 31.11% (Net Income TTM 3.47b / Revenue TTM 11.2b)
Gross Margin = 52.17% ((Revenue TTM 11.2b - Cost of Revenue TTM 5.34b) / Revenue TTM)
Gross Margin QoQ = 58.19% (prev 50.62%)
Tobins Q-Ratio = 2.68 (Enterprise Value 42.1b / Total Assets 15.7b)
Interest Expense / Debt = 8.18% (Interest Expense 204.0m / Debt 2.49b)
Taxrate = 25.51% (1.40b / 5.50b)
NOPAT = 4.00b (EBIT 5.37b * (1 - 25.51%))
Current Ratio = 2.71 (Total Current Assets 4.79b / Total Current Liabilities 1.77b)
Debt / Equity = 0.29 (Debt 2.49b / totalStockholderEquity, last quarter 8.53b)
Debt / EBITDA = -0.11 (Net Debt -685.0m / EBITDA 6.39b)
Debt / FCF = -0.17 (Net Debt -685.0m / FCF TTM 4.00b)
Total Stockholder Equity = 7.93b (last 4 quarters mean from totalStockholderEquity)
RoA = 23.88% (Net Income 3.47b / Total Assets 15.7b)
RoE = 43.79% (Net Income TTM 3.47b / Total Stockholder Equity 7.93b)
RoCE = 53.97% (EBIT 5.37b / Capital Employed (Equity 7.93b + L.T.Debt 2.02b))
RoIC = 29.67% (NOPAT 4.00b / Invested Capital 13.5b)
WACC = 8.87% (E(42.8b)/V(45.3b) * Re(9.03%) + D(2.49b)/V(45.3b) * Rd(8.18%) * (1-Tc(0.26)))
Discount Rate = 9.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 70.47 | Cagr: 8.37%
[DCF] Terminal Value 76.31% ; FCFF base≈2.85b ; Y1≈3.26b ; Y5≈4.80b
[DCF] Fair Price = 132.3 (EV 66.2b - Net Debt -685.0m = Equity 66.9b / Shares 505.6m; r=8.87% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 88.27 | EPS CAGR: 119.0% | SUE: 3.50 | # QB: 1
Revenue Correlation: 82.18 | Revenue CAGR: 23.76% | SUE: -0.06 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.11 | Chg30d=-0.83% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=2.32 | Chg30d=+38.10% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=9.45 | Chg30d=-5.04% | Revisions=-17% | GrowthEPS=+75.9% | GrowthRev=+35.2%
EPS next Year (2027-12-31): EPS=10.63 | Chg30d=-2.34% | Revisions=-17% | GrowthEPS=+12.5% | GrowthRev=+8.3%
[Analyst] Revisions Ratio: -36% (up=2, down=6)