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AngloGold Ashanti (AU) Stock Dips While Market Gains: Key Facts

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In the latest close session, AngloGold Ashanti (AU - Free Report) was down 1.3% at $49.51. The stock fell short of the S&P 500, which registered a gain of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq appreciated by 0.33%.

Shares of the gold miner witnessed a gain of 14.31% over the previous month, beating the performance of the Basic Materials sector with its gain of 4.33%, and the S&P 500's gain of 4.93%.

The investment community will be closely monitoring the performance of AngloGold Ashanti in its forthcoming earnings report. The company is scheduled to release its earnings on August 1, 2025. In that report, analysts expect AngloGold Ashanti to post earnings of $1.31 per share. This would mark year-over-year growth of 118.33%. In the meantime, our current consensus estimate forecasts the revenue to be $2.32 billion, indicating a 67.73% growth compared to the corresponding quarter of the prior year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.99 per share and a revenue of $8.85 billion, representing changes of +125.79% and +52.81%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for AngloGold Ashanti. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.56% upward. As of now, AngloGold Ashanti holds a Zacks Rank of #1 (Strong Buy).

Valuation is also important, so investors should note that AngloGold Ashanti has a Forward P/E ratio of 10.06 right now. This signifies a discount in comparison to the average Forward P/E of 11.79 for its industry.

The Mining - Gold industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 37, putting it in the top 15% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

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