AngloGold Ashanti (NYSE:AU) announced a None dividend on Tuesday, February 20th, Zacks reports. Shareholders of record on Friday, March 23rd will be given a dividend of 0.055 per share by the mining company on Monday, April 16th. This represents a yield of 0.6%. The ex-dividend date is Thursday, March 22nd.
AU stock traded up $0.03 during mid-day trading on Friday, reaching $9.29. The company had a trading volume of 1,925,244 shares, compared to its average volume of 2,912,239. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.57 and a quick ratio of 0.63. The firm has a market capitalization of $3,802.96, a P/E ratio of 154.83 and a beta of -0.93. AngloGold Ashanti has a fifty-two week low of $8.86 and a fifty-two week high of $13.31.
Several equities research analysts have recently weighed in on AU shares. Zacks Investment Research lowered AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Friday, January 12th. ValuEngine lowered AngloGold Ashanti from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $11.25.
In other news, Director Lotan Holdings Inc. purchased 29,400 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were purchased at an average price of $1.05 per share, for a total transaction of $30,870.00. Insiders have purchased a total of 181,300 shares of company stock worth $170,623 in the last 90 days.
An institutional investor recently raised its position in AngloGold Ashanti stock. State Street Corp raised its stake in AngloGold Ashanti (NYSE:AU) by 17.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 160,609 shares of the mining company’s stock after purchasing an additional 23,804 shares during the quarter. State Street Corp’s holdings in AngloGold Ashanti were worth $1,560,000 at the end of the most recent reporting period. Institutional investors own 31.57% of the company’s stock.
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AngloGold Ashanti Company Profile
AngloGold Ashanti Limited operates as a gold mining and exploration company. The company also produces silver, uranium oxide, copper, and sulphuric acid. Its portfolio includes 17 mines in South Africa, Continental Africa, Australasia, and the Americas. AngloGold Ashanti Limited was founded in 1944 and is headquartered in Johannesburg, South Africa.
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