AU - AngloGold Ashanti: Could Outperform Its Rivals With Bullish Gold
2024-02-14 21:12:32 ET
Summary
- "Hold" rating for shares of AngloGold Ashanti plc as 2024 is expected to be a promising year for the stock, but fixed-income will be preferred to gold for a while.
- The stock price's outlook is influenced by the projected gold bull market and the improving operating profile of the company.
- AngloGold Ashanti has overcome some operational setbacks in 2023, and gold production is showing positive trends in key metrics.
A “Hold” rating for shares of AngloGold Ashanti plc
This analysis highlights the growth opportunities of holding shares of AngloGold Ashanti plc ( AU ) – a mining company based in Greenwood, Colorado that mines gold deposits in West and East Africa, Western Australia, Brazil, and Argentina....
AngloGold Ashanti: Could Outperform Its Rivals With Bullish Gold