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Why AngloGold Ashanti Shares Are Climbing

Why AngloGold Ashanti Shares Are Climbing

Anglogold Ashanti PLC ( (AU) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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AngloGold Ashanti PLC’s stock is on the rise following its impressive Q4 2024 earnings report and a shift to consolidated financial reporting. The company saw a notable increase in free cash flow to $942 million and a 93% surge in Adjusted EBITDA, thanks to strategic operational improvements and a strong gold market. Furthermore, a revised dividend policy aiming for a 50% payout of free cash flow underscores its commitment to shareholder value. These developments have led analysts to adjust their price targets, reflecting the company’s robust performance. Despite these positive changes, increased insider selling might affect investor sentiment.

More about Anglogold Ashanti PLC

YTD Price Performance: 27.57%

Average Trading Volume: 3,146,395

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $16.21B

For further insights into AU stock on TipRanks’ Stock Analysis page.

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