AngloGold Ashanti Triples 2025 Free Cash Flow and Delivers Record Dividends

Anglogold Ashanti PLC ( (AU) ) has issued an update.

AngloGold Ashanti reported record results for 2025 on 20 February 2026, with free cash flow tripling to $2.9bn and Adjusted EBITDA more than doubling to $6.3bn, driven by a 16% rise in gold production to 3.1Moz and a 45% higher average gold price received. Total cash costs rose 7% mainly due to higher royalties, but were flat in real terms at managed operations, while the company strengthened its balance sheet to an Adjusted net cash position of $879m, declared a record $1.8bn in dividends for 2025, improved safety to its best-ever TRIFR, expanded gold reserves by 17%, and doubled payments to host governments to $2.66bn, underscoring its stronger financial position and growing stakeholder impact.

The most recent analyst rating on (AU) stock is a Buy with a $107.00 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 Neutral.

The score is driven by strong financial performance (profitability, cash generation, and manageable leverage). This is tempered by a rich valuation (high P/E) and technically overextended momentum signals (high RSI/Stoch) despite a strong uptrend.

To see Spark’s full report on AU stock, click here.

More about Anglogold Ashanti PLC

AngloGold Ashanti plc is a global gold producer operating ten mines across three continents, with a portfolio that includes assets such as Sukari, Obuasi and operations in Nevada. The company focuses on disciplined cost management, portfolio optimisation through acquisitions and divestitures, and improving safety performance while increasing its gold reserves and resources.

Average Trading Volume: 2,765,345

Technical Sentiment Signal: Buy

Current Market Cap: $54.7B

For a thorough assessment of AU stock, go to TipRanks’ Stock Analysis page.