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An announcement from Anglogold Ashanti PLC ( (AU) ) is now available.
AngloGold Ashanti has announced a definitive agreement to acquire Augusta Gold Corp. for approximately C$152 million, aiming to consolidate its presence in the Beatty District of Nevada. This acquisition, expected to close in the fourth quarter of 2025, will enhance AngloGold Ashanti’s position in North America’s gold mining sector by securing additional mineral resources and improving infrastructure sharing and stakeholder engagement.
The most recent analyst rating on (AU) stock is a Buy with a $52.00 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.
Anglogold Ashanti PLC shows strong financial performance and technical indicators, which are the primary drivers of its high score. The company demonstrates robust revenue growth, profitability, and cash flow management, while technical analysis indicates positive market momentum. However, the stock’s valuation is only moderate, slightly tempering the overall score.
To see Spark’s full report on AU stock, click here.
More about Anglogold Ashanti PLC
AngloGold Ashanti is an independent, global gold mining company headquartered in Denver, Colorado. It operates a diverse and high-quality portfolio of operations, projects, and exploration activities across ten countries on four continents.
Average Trading Volume: 3,702,815
Technical Sentiment Signal: Buy
Current Market Cap: $24.15B
For a thorough assessment of AU stock, go to TipRanks’ Stock Analysis page.