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    ANG   ZAE000043485

ANGLOGOLD ASHANTI LIMITED

(ANG)
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AngloGold Ashanti Limited : A medium term support level to take advantage of

05/03/2021 | 11:41am EDT
long trade
Live
Entry price : 300.2ZAR | Target : 343ZAR | Stop-loss : 289ZAR | Potential : 14.26%
The recent downturn has taken AngloGold Ashanti Limited shares close to a medium term support level around 292.98 ZAR. The timing for a long trade in the stock appears good.
Investors have an opportunity to buy the stock and target the ZAR 343.
AngloGold Ashanti Limited : AngloGold Ashanti Limited : A medium term support level to take advantage of
Summary
  • For a short-term investment strategy, the company has poor fundamentals.

Strengths
  • Graphically speaking, the timing seems perfect for purchasing the stock close to the ZAR 292.98 support.
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses
  • As estimated by analysts, this group is among those businesses with the lowest growth prospects.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
  • The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
  • For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
  • For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
  • The underlying tendency is negative on the weekly chart below the resistance at 434.29 ZAR
Ratings chart
Subsector Gold Mining
1st jan.Capitalization (M$)Investor Rating
ANGLOGOLD ASHANTI LIMITED-5.31%9 622
NEWMONT CORPORATION12.42%54 043
BARRICK GOLD CORPORATION0.07%42 499
POLYUS-0.54%27 611
WHEATON PRECIOUS METALS COR..-0.02%19 711
NEWCREST MINING LIMITED6.01%17 494
AGNICO EAGLE MINES LIMITED-1.90%16 828
KIRKLAND LAKE GOLD LTD.-5.70%10 908
NORTHERN STAR RESOURCES LIM..-14.26%9 933
KINROSS GOLD CORPORATION0.54%9 751
ROYAL GOLD, INC.12.78%7 863
More Results

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2021 68 331 M 4 858 M 4 858 M
Net income 2021 15 992 M 1 137 M 1 137 M
Net Debt 2021 4 393 M 312 M 312 M
P/E ratio 2021 8,16x
Yield 2021 1,67%
Capitalization 135 B 9 622 M 9 622 M
EV / Sales 2021 2,04x
EV / Sales 2022 1,87x
Nbr of Employees 26 000
Free-Float 99,4%
Upcoming event on ANGLOGOLD ASHANTI LIMITED
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 390,99 ZAR
Last Close Price 324,34 ZAR
Spread / Highest target 49,5%
Spread / Average Target 20,6%
Spread / Lowest Target -2,88%
EPS Revisions
Managers and Directors
NameTitle
Kandimathie Christine Ramon Chief Executive Officer & Executive Director
Ian Kramer Chief Financial Officer
Maria Ramos Chairman
Graham J. Ehm Executive VP-Group Planning & Technical
Sicelo Ntuli Chief Operating Officer-Africa