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AngloGold Ashanti (AU) Exceeds Market Returns: Some Facts to Consider

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AngloGold Ashanti (AU - Free Report) closed at $96.72 in the latest trading session, marking a +1.93% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 1.01%. Meanwhile, the Dow experienced a rise of 0.83%, and the technology-dominated Nasdaq saw an increase of 1.22%.

The stock of gold miner has fallen by 13.6% in the past month, lagging the Basic Materials sector's loss of 7.91% and the S&P 500's loss of 2.86%.

The upcoming earnings release of AngloGold Ashanti will be of great interest to investors. The company's earnings report is expected on May 8, 2026. The company is predicted to post an EPS of $2.19, indicating a 148.86% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $3.32 billion, indicating a 72.44% increase compared to the same quarter of the previous year.

For the full year, the Zacks Consensus Estimates project earnings of $9.27 per share and a revenue of $11.98 billion, demonstrating changes of +72.63% and +23.12%, respectively, from the preceding year.

Any recent changes to analyst estimates for AngloGold Ashanti should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 7.87% increase. As of now, AngloGold Ashanti holds a Zacks Rank of #3 (Hold).

From a valuation perspective, AngloGold Ashanti is currently exchanging hands at a Forward P/E ratio of 10.24. This signifies no noticeable deviation in comparison to the average Forward P/E of 10.24 for its industry.

The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 29, putting it in the top 12% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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