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Anglogold Ashanti PLC ( (AU) ) has provided an announcement.
AngloGold Ashanti reported record free cash flow of $1.2bn and EBITDA of $2.3bn for the quarter ended 31 March 2026, driven by a sustained high gold price and steady production of 724,000 ounces, a 1% year-on-year increase. The company boosted its balance sheet from net debt of $755m in Q1 2025 to net cash of $868m, declared a Q1 2026 interim dividend of $585m (116 US cents per share) and, on 7 May 2026, secured board approval for a proposed $2bn share repurchase programme, while also buying back $666m of bonds in April to optimise its capital structure.
Management highlighted disciplined cost control through its Full Asset Potential programme, which cut underlying controllable costs by $22/oz and helped lift total cash cost margins from 57% to 71% despite higher royalties, inflation and adverse exchange rates. Operational momentum continued at managed mines with incremental output gains from key assets, although the period was marked by a fatal accident at the Obuasi mine on 24 April 2026, underscoring ongoing safety risks even as the group’s injury frequency rate improved, a development likely to draw close scrutiny from regulators and stakeholders.
The most recent analyst rating on (AU) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
Spark’s Take on AU Stock
According to Spark, TipRanks’ AI Analyst, AU is a Outperform.
Score is driven primarily by strong financial performance (surging profitability and much stronger cash generation with improving leverage) and a constructive earnings update (record cash flow, reserve growth, stronger balance sheet). Technicals are supportive but not clean due to negative MACD and elevated stochastic, while valuation is reasonable with a solid dividend yield.
To see Spark’s full report on AU stock, click here.
More about Anglogold Ashanti PLC
AngloGold Ashanti plc is a global gold mining company with operations and projects across Africa, the Americas and other regions, producing gold and associated by-products. The group is focused on delivering predictable operating performance, ramping up key assets such as Obuasi in Ghana and a new production hub in southern Nevada, and advancing organic growth projects in Tanzania, Guinea, Egypt and Brazil.
Average Trading Volume: 2,858,823
Technical Sentiment Signal: Buy
Current Market Cap: $50.62B
Learn more about AU stock on TipRanks’ Stock Analysis page.