AngloGold Ashanti (AU) Stock Analysis & Forecast

AngloGold Ashanti PLC. Non-energy minerals sector. Market cap $52.16B.

$103.29+0.93 (+0.9%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

AngloGold Ashanti (AU) closes at $103.29, up 0.9% on the day, with the stock sitting above both its 50-day average of $96.04 and its 200-day average of $96.12. The GekkoIndex reads 58.7, placing it in the Neutral zone, while the price trades just 1.5% above Gekko Fair Value of $101.74. Over the past year the stock has returned 60.1%, though the past month shows a pullback of -4.8% against three- and six-month gains of 13.7% and 20.5% respectively.

This week's coverage centers on the company's Nevada exploration efforts, with two greenfield projects, including Arthur Gold, advancing toward a full feasibility study as part of a longer-term production growth push. A separate item noted a single-day move of +2.63% to $102.36, framed as outperformance relative to the broader market. Together these touch on both operational expansion and short-term price action rather than any new guidance or deal news.

The next earnings report is set for 5 November 2026, before the open, 46 days out and beyond a typical 20-trading-day holding window; the last print on 31 July showed EPS of $1.98 against a $2.04 estimate, with a -0.9% reaction, following a call that cited EBITDA up 46% and free cash flow of $727 million. Seasonally, the next 20 trading days have averaged an 8.1% gain over five years, rising in four of them. No insider, Congress, or unusual options activity appears in the current window. Analyst coverage from 7 firms shows 5 buy and 2 hold ratings, with a consensus target of $113.12.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $103.29200-day averageGekko Fair Value $101.74

Key stats

Market cap
$52.16B
P/E ratio
14.6
Forward P/E
20.5
EPS, TTM
$7.14
Revenue, TTM
$11.83B
Profit margin
32.2%
Dividend yield
4.16%
Beta
0.75
Volume
7.76M avg 2.94M
1-year return
+60.1%
Typical daily move
±3.6%
Typical 20-day move
±9.2%
50-day average
$96.04
200-day average
$96.12
Next earnings
Nov 5 before open
Shares outstanding
505.8M
52-week range
$62.55$129.14

AngloGold Ashanti swing-trade checklist

AngloGold Ashanti scores 2 supportive, 3 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive3 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $103.29 sits between the 50-day ($96.04) and 200-day ($96.12) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    58.7, Neutral

    Reading 58.7 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    1.5% above

    Price is within 5% of Gekko Fair Value (1.5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 46 days

    Next report Nov 5, 2026, 46 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +8.1% on average

    From this point in the calendar, the next 20 trading days averaged +8.1% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

AngloGold Ashanti stock chart and price history

AngloGold Ashanti closed at $103.29 on Sep 18, 2026, +60.1% over the past year, inside a 52-week range of $62.55 to $129.14.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−4.8%
3 months
+13.7%
6 months
+20.5%
1 year
+60.1%
The full AU chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open AU in Gekko

Follow AngloGold Ashanti through every session

Put AU on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track AU in GekkoFree for 7 days. No credit card required.

About AngloGold Ashanti

AngloGold Ashanti mines gold across operations in Africa, Australia, and the Americas, extracting the metal alongside byproducts such as silver and sulphuric acid. The company is most closely associated with its Geita mine, a wholly owned operation situated in the Lake Victoria goldfields within Tanzania's Geita region, in the country's northwest.

Its business centers on exploring for and producing gold and related materials from properties spread across multiple continents, with the Geita site standing out as a fully owned asset rather than a joint venture or minority stake.

AngloGold Ashanti traces its incorporation back to 1944 and runs its headquarters out of Greenwood Village, Colorado. Its shares trade under the ticker AU.

Sector
Non-energy minerals
Website
anglogoldashanti.com

AngloGold Ashanti GekkoIndex: the smart money zone

AngloGold Ashanti’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 58.7, in the Neutral zone, up 1.4 points over five sessions.

010058.7Neutral

Up 1.4 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying6Too few readings yet
Accumulation146+1.8%+4.0%+8.3%+13.3%
Neutral (current zone)377+2.1%+3.8%+6.6%+16.0%
Distribution86−1.2%−2.0%+0.3%+11.0%
Selling0Not available

Average AU share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the AU price, zone by zone.Track AU in Gekko

Is AngloGold Ashanti stock overvalued? Gekko Fair Value

AngloGold Ashanti trades 1.5% above Gekko Fair Value of $101.74, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what AngloGold Ashanti shares are worth, recalculated every trading day.

$101.74

Gekko Fair Value, Sep 12, 2026

1.5% above fair value · About fair value

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open AU in Gekko

AngloGold Ashanti insider and Congress trading

No open-market insider purchases were filed for AngloGold Ashanti, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for AU in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every AU insider filing, plotted on the chart in Gekko.Open AU in Gekko

Congress trades last 90 days

No trades in AU were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for AU, plotted on the chart in Gekko.Open AU in Gekko

Buybacks

AngloGold Ashanti has been buying back its own shares.

Bought back, quarter ended Dec 31, 2023
$19.00M
As a share of market cap
0.04%

From company filings.

AngloGold Ashanti earnings: next date and track record

AngloGold Ashanti reports on Nov 5, 2026, before the open (46 days away), and beat the EPS estimate in 2 of its last 8 reports.

2 of 8reports beat the EPS estimate
±7.7%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+5.4%Nov ’24−0.5%Feb ’25−4.1%May ’25+15.0%Aug ’25+14.9%Nov ’25+12.5%Feb ’26+8.1%May ’26−0.9%Jul ’26

Last earnings call, Jul 31, 2026 AI summary

What they said
AngloGold Ashanti reported strong first-half 2026 results driven by higher realized gold prices and disciplined cost execution. Production (adjusted for the sale of Serra Grande) was broadly stable at ~1.5 Moz, while EBITDA and earnings grew significantly year-on-year (EBITDA +46%, EPS +49%). Free cash flow in Q2 was $727m (up 36% YoY) and the company ended the quarter with net cash of $991m. Management declared ~$1bn in dividends across six months and announced an approved buyback program to be executed opportunistically subject to Reserve Bank of South Africa approval. Key operational highlights include standout performances at Tropicana and Cuiaba, continued progress on growth projects (Arthur, North Bullfrog, Geita, Sukari, Siguiri, Cuiaba), and a centralized team to accelerate organic growth. The quarter was affected by a fatality at Obuasi that led to a two-week suspension and subsequent operational impacts (ore-pass damage and constrained shaft use), as well as industry-wide cost headwinds (inflation, higher fuel/Brent prices, royalties, FX). Management reiterated disciplined capital allocation, focus on Full Asset Potential initiatives, stable sustaining capital intensity (~$480/oz), commitment to reserve replacement and social/regulatory engagement, and expects second-half production to rise ~6% with lower cash costs as volumes improve. They also flagged a lumpy tax payment (~$540m) in Q2 with expected partial timing into Q3/Q4.
Guidance
Remain comfortably within full-year guidance; management expects second-half production to increase by ~6% and cash costs to decline versus H1 due to higher production. Company reiterated prior guidance of incremental portfolio growth of c.300,000-450,000 oz above 2025 baseline from identified organic projects over the medium term. Buybacks to be opportunistic and subject to Reserve Bank approval; target $1bn cash buffer and intention to return substantial free cash flow (50%+ through dividends and additional repurchases if gold price holds). Sukari grid connection commissioning targeted early 2028. Arthur feasibility study funded to progress (targeting 1M+ oz reserve additions this year).
Risks flagged
Operational safety risk: fatality at Obuasi caused suspension and ongoing operational constraints. Cost and margin risks from inflation, higher fuel/Brent prices, rising royalties and adverse FX movements. Regulatory and political risks including government requirements at Siguiri (refinery/local value-add), Reserve Bank approval for buybacks, licensing/resettlement issues in some jurisdictions, lumpy tax/timing impacts (~$540m tax in Q2), and potential project execution delays (e.g., Sukari grid, ore-pass reconstruction).
ReportedEPSSurpriseRevenueSurpriseMove
Jul 31, 2026$1.98
est $2.04
−2.9%$3.10B
est $3.20B
−3.0%−0.9%
May 8, 2026$2.52
est $2.21
+14.0%$3.15B
est $3.26B
−3.2%+8.1%
Feb 20, 2026$1.90
est $1.90
0.0%$3.02B
est $3.04B
−0.7%+12.5%
Nov 11, 2025$1.32
est $1.34
−1.5%$2.37B
est $2.53B
−6.3%+14.9%
Aug 1, 2025$1.25
est $1.31
−4.6%$2.45B
est $2.42B
+1.2%+15.0%
May 9, 2025$0.88
est $0.84
+4.8%$1.96B
est $1.84B
+6.7%−4.1%
Feb 19, 2025$0.89
est $1.27
−29.9%$1.75B
est $2.05B
−14.7%−0.5%
Nov 7, 2024$0.53
est $0.81
−34.6%$1.49B+5.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

AngloGold Ashanti stock forecast and analyst price targets

Analysts’ average 12-month price target for AngloGold Ashanti is $113.12, +9.5% from the last close, from 7 firms rating the stock in the last 90 days.

$113.12consensus 12-month target, +9.5% from the last close
Low $88.70High $140
Buy5
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 7 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 15J.P. MorganBuy, maintained$140+35.5%
Sep 10BMO CapitalHold, downgraded$115+11.3%
Aug 12ScotiabankHold, maintained$88.70−14.1%
Aug 3ScotiabankBuy, maintained$128+23.9%
Aug 3Roth MKMBuy, reiterated$102−1.2%
+6.6%average 20-day move after past Neutral readings
+8.1%average move over the next 20 trading days in the last 5 years
±3.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

AngloGold Ashanti seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, AngloGold Ashanti averaged +8.1% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+23.4%2021−0.9%2022+6.4%2023+7.0%2024+8.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.8%4 of 5
Next 10 trading days+2.3%3 of 5
Next 15 trading days+5.5%4 of 5
Next 20 trading days+8.1%4 of 5
Next 30 trading days+5.7%3 of 5

For scale, AU’s typical 20-trading-day move in either direction is about 9.2%.

AngloGold Ashanti market cap and key statistics

AngloGold Ashanti’s market cap is $52.16B, with a P/E ratio of 14.6 and revenue of $11.83B over the last twelve months.

Valuation

Market cap
$52.16B
P/E ratio
14.6
Forward P/E
20.5
EPS, TTM
$7.14
Gekko Fair Value
$101.74

Trading

Volume
7.76M
Avg volume, 20 days
2.94M
52-week high
$129.14
52-week low
$62.55
Shares outstanding
505.8M

Financials

Revenue, TTM
$11.83B
Profit margin
32.2%
Return on equity
44.7%
Quarterly earnings growth, YoY
+50.1%

Risk and income

Beta
0.75
Typical daily move
±3.6%
Typical 20-day move
±9.2%
Dividend yield
4.16%

AngloGold Ashanti stock news this week

2 headlines about AngloGold Ashanti from the past week, newest first, each linking to the publisher.

More stocks

In the Buying zone today

Reporting earnings this week

Popular on Gekko

AngloGold Ashanti stock FAQ

What is AngloGold Ashanti’s market cap?

AngloGold Ashanti’s market cap is $52.16B at the Sep 18, 2026 close of $103.29, with 505.8M shares outstanding. The shares trade on a P/E ratio of 14.6.

What is the AngloGold Ashanti stock forecast?

The consensus analyst 12-month price target for AngloGold Ashanti is $113.12, +9.5% from the last close. Of the 7 firms that rated the stock in the last 90 days, 5 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is AngloGold Ashanti stock overvalued or undervalued?

On Gekko’s estimate AngloGold Ashanti is about fair value: the Sep 18, 2026 close of $103.29 is 1.5% above Gekko Fair Value of $101.74. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does AngloGold Ashanti report earnings next?

AngloGold Ashanti is expected to report on Nov 5, 2026, before the market opens (46 days away). Analysts expect earnings of $1.99 per share on revenue of $3.16B. AngloGold Ashanti beat the earnings estimate in 2 of its last 8 reports, moving 7.7% on average across the report.

What is AngloGold Ashanti’s 52-week high and low?

AngloGold Ashanti’s 52-week high is $129.14 and its 52-week low is $62.55; it closed at $103.29 on Sep 18, 2026, +60.1% over the past year.

Is AngloGold Ashanti stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (earnings risk and seasonality), 3 as mixed (trend, gekkoindex and fair value). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See AngloGold Ashanti the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,349 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.