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Anglogold Ashanti Ltd. (AU) [hlAlert]

Rating:
Buy AU
up 1.73 %

Anglogold Ashanti Ltd. (AU) upgraded to Buy by Goldman

Posted on: Friday,  Jan 15, 2016  10:25 AM ET by Goldman

Goldman rated Buy Anglogold Ashanti Ltd. (NYSE: AU) on 01/15/2016, when the stock price was $7.48. Since
then, Anglogold Ashanti Ltd. has gained 1.74% as of 01/15/2016's recent price of $7.61.
If you would have followed this Goldman's recommendation on AU, you would have gained 1.73% of your investment in 0 days.

AngloGold Ashanti Limited (AngloGold Ashanti) is a global producer of gold. AngloGold Ashanti has 21 operations and a number of exploration programs in gold-producing regions of the world. During the year ended December 31, 2008, the Company produced 4.98 million ounces of gold from its operations. AngloGold Ashanti?s main product is gold. Revenue is also derived from the sales of silver, uranium oxide and sulphuric acid. The Company sells its products on international markets. In December 2008, AngloGold Ashanti completed the purchase of Sao Bento Gold Company Limited and its wholly owned subsidiary, Sao Bento Mineracao S.A. from Eldorado Gold Corporation. Effective July 1, 2008, the Company acquired Golden Cycle Gold Corporation. In October 2009, Randgold Resources Limited and AngloGold Ashanti Limited, through their indirect jointly owned subsidiary, 0858065 BC Ltd., acquired Moto Goldmines Limited.

Goldman
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/15/2016 10:25 AM Buy
None
7.48
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2013 9:25 AM Hold
None
12.51
5/3/2013 8:25 AM Sell
None
18.64

(*) Stock Price at the time of the recommendation.
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