Media stories about AngloGold Ashanti (NYSE: AU) have recently experienced a somewhat positive trend, according to Accern Sentiment. Accern scores the sentiment of news coverage in the press by viewing more than twenty million news and blog sources in real time. Accern ranks the coverage of companies on a scale from negative one to positive, with scores that are closest to one being the most favorable. AngloGold Ashanti earned a coverage optimism score of 0.07 on the Accern scale. Accern also provided media coverage of the mining business with an impact score of 47.6986856644085 out of 100, indicating that recent news coverage in the press will have little effect on the company's stock price in the near future.
Here are some news items that may have affected the Accern Sentiment ranking:
A number of equity research analysts have made comments about shares of the AU. Zacks Investment Research lowered AngloGold Ashanti from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 17. ValuEngine cut AngloGold Ashanti from a "sell" classification to a "strong sell" classification in a research note on Friday, August 17. One research analyst has assessed the shares with a sell rating, one has a hold rating and four have assigned a buy-rating to the company's shares. AngloGold Ashanti currently has a consensus rating of "Buy" and a target price target of $ 10.75.
AngloGold Ashanti shares rose to $ 0.06 during mid-day trading and reached $ 7.91. The company's shares had a trading volume of 1,953,847 shares, compared to the average volume of 2,991,897. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.79 and a current ratio of 1.84. AngloGold Ashanti has a low of 52 weeks of $ 7.07 and a height of 52 weeks of $ 12.00. The stock has a market capitalization of $ 3.26 billion, a PE ratio of 131.83 and a beta of -0.90.
About AngloGold Ashanti
AngloGold Ashanti Limited operates as a gold mining company. The company also produces silver, uranium oxide and sulfuric acid. The portfolio comprises 17 operations and 3 projects in 10 countries in South Africa, Continental Africa, North and South America and Australasia. AngloGold Ashanti Limited was founded in 1944 and is headquartered in Johannesburg, South Africa.
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