AngloGold Ashanti to Report Q2 Earnings: Buy, Sell or Hold the Stock?
AU is set for a big Q2 earnings jump, fueled by high gold prices and strong output, but an earnings beat remains uncertain.
AngloGold Ashanti Ltd. engages in the exploration, mining, and production of gold. It operates through the following business segments: Africa, Australia, and Americas. The Africa segment consists of Ghana, Guinea, the DRC (Democratic Republic of the Congo), and Tanzania. The Americas segment comprises of Argentina, Brazil, and projects in Colombia and the United States. The company was founded in 1944 and is headquartered in Johannesburg, South Africa.
AU is set for a big Q2 earnings jump, fueled by high gold prices and strong output, but an earnings beat remains uncertain.
In the most recent trading session, AngloGold Ashanti (AU) closed at $49.51, indicating a -1.3% shift from the previous trading day.
AU, CAT and HSY are standing out as Zacks high-conviction picks, with each posting double-digit gains in recent weeks.
In the latest trading session, AngloGold Ashanti (AU) closed at $50.52, marking a -1.1% move from the previous day.