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Anglogold Ashanti PLC
(NYSE:AU)
Anglogold Ashanti PLC (AU) vs. SPDR S&P 500 ETF (SPY)
Anglogold Ashanti PLC Business Overview & Revenue Model
Anglogold Ashanti PLC Earnings Call Summary
Anglogold Ashanti PLC Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 9.89B | 5.79B | 4.58B | 4.50B | 4.03B |
| Gross Profit | 4.60B | 2.07B | 1.03B | 1.13B | 1.17B |
| EBITDA | 5.48B | 2.58B | 872.00M | 1.25B | 1.23B |
| Net Income | 2.64B | 1.00B | -235.00M | 233.00M | 614.00M |
Balance Sheet | |||||
| Total Assets | 15.08B | 13.16B | 8.18B | 8.01B | 8.01B |
| Cash, Cash Equivalents and Short-Term Investments | 2.93B | 1.43B | 964.00M | 1.11B | 1.15B |
| Total Debt | 2.44B | 2.15B | 2.42B | 2.17B | 2.09B |
| Total Liabilities | 5.16B | 4.64B | 4.43B | 3.94B | 3.91B |
| Stockholders Equity | 8.09B | 6.63B | 3.71B | 4.04B | 4.05B |
Cash Flow | |||||
| Free Cash Flow | 3.10B | 878.00M | -71.00M | 257.00M | 196.00M |
| Operating Cash Flow | 4.71B | 1.97B | 971.00M | 1.80B | 1.22B |
| Investing Cash Flow | -1.27B | -762.00M | -897.00M | -1.56B | -1.01B |
| Financing Cash Flow | -1.94B | -727.00M | -87.00M | -224.00M | -345.00M |
Anglogold Ashanti PLC Technical Analysis
Anglogold Ashanti PLC Risk Analysis
Anglogold Ashanti PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $62.96B | 24.03 | ― | 2.82% | 26.43% | ― | |
78 Outperform | $13.49B | 16.92 | 32.05% | 0.87% | 29.08% | 72.12% | |
76 Outperform | $15.91B | 26.71 | 26.41% | ― | 72.94% | ― | |
75 Outperform | $49.73B | 14.23 | 52.47% | 1.51% | 49.62% | 195.39% | |
74 Outperform | $24.43B | 42.97 | 9.07% | 0.77% | 28.11% | 66.85% | |
72 Outperform | $134.99B | 19.41 | 22.21% | 0.95% | 26.25% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
Anglogold Ashanti PLC Corporate Events
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.
AngloGold Ashanti reported unaudited operating statistics for the three months and year ended 31 December 2025, showing group gold production of 799,000 ounces in the fourth quarter and 3.091 million ounces for the full year, up from 750,000 and 2.661 million ounces in 2024. The figures highlight particularly strong contributions from African managed operations, where output rose to 1.746 million ounces in 2025, aided by the first full year of Sukari, acquired in late 2024.
Australian and Americas operations delivered more mixed results, with Australian production easing to 537,000 ounces and the Americas to 505,000 ounces for 2025, reflecting mine-specific variations. On a like-for-like basis excluding Sukari, group production was broadly flat year-on-year at about 2.6 million ounces, suggesting that most of the headline growth came from the Centamin acquisition rather than underlying organic expansion, a key consideration for investors assessing operational momentum.
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.
AngloGold Ashanti plc, a multinational gold mining company headquartered in London with executive offices also in Greenwood Village, Colorado, filed a Form 6-K with the U.S. Securities and Exchange Commission for February 2026. The filing underscores its status as a foreign private issuer reporting under Form 20-F and highlights its continued engagement with U.S. investors and regulators.
On 20 February 2026, the company submitted a report enclosing its Q4 2025 earnings release investor presentation as an exhibit. This step formalizes the dissemination of its fourth-quarter and full-year 2025 financial information to the market, supporting transparency for shareholders and other stakeholders and aligning the miner with U.S. disclosure standards that can influence investor perceptions and access to capital.
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.
On 20 January 2026, AngloGold Ashanti plc disclosed that asset manager BlackRock, Inc. had acquired additional shares in the company, bringing its beneficial interest to 10.104% of AngloGold Ashanti’s issued share capital. The increased stake by one of the world’s largest institutional investors underscores significant institutional backing for the gold miner and may be seen as a signal of confidence in AngloGold Ashanti’s strategic direction and position within the global gold mining industry.
The most recent analyst rating on (AU) stock is a Buy with a $113.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
On 18 December 2025, investment manager Van Eck Associates Corporation marginally reduced its holding in AngloGold Ashanti, triggering a regulatory disclosure after its voting interest slipped below a key threshold. Van Eck’s aggregated funds, including several VanEck gold, mining and Africa-focused ETFs, now control 20,069,032 AngloGold Ashanti shares, representing 3.98% of the company’s 504,097,915 voting rights, down from 4.01%, a small change that nonetheless signals ongoing portfolio adjustments by a prominent institutional shareholder and offers investors a fresh data point on the miner’s evolving ownership profile.
The most recent analyst rating on (AU) stock is a Buy with a $92.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
On 16 December 2025, AngloGold Ashanti plc reported a change in its shareholder base after receiving a major holdings notification from Van Eck Associates Corporation, a U.S.-based asset manager. The filing shows that Van Eck’s aggregate direct voting interest in AngloGold Ashanti rose slightly from 3.99% to 4.01%, equivalent to 20,214,785 voting rights out of 504,097,915 shares in issue, with the position held across several VanEck exchange-traded funds and funds focused on gold, mining, natural resources and Africa. This incremental crossing of the 4% threshold underscores steady institutional interest in AngloGold Ashanti’s stock from specialist resource and gold investment vehicles, and signals modest but continued support from a prominent sector-focused shareholder.
The most recent analyst rating on (AU) stock is a Buy with a $92.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
On December 12, 2025, AngloGold Ashanti plc announced that Stewart Bailey, an Executive Officer, engaged in transactions involving the company’s securities. Bailey received 19,196 ordinary shares through the 2023 Deferred Share Plans and subsequently sold them on the market to address tax liabilities related to these awards. This transaction reflects the company’s ongoing management of executive compensation and its implications for shareholder value.
The most recent analyst rating on (AU) stock is a Buy with a $92.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
On December 10, 2025, AngloGold Ashanti plc announced that its Executive Director, Alberto Calderon, conducted an on-market sale of 40,148 ordinary shares at an average price of US$79.78531 per share, totaling approximately US$3.2 million. Despite this transaction, Calderon retains a significant holding in the company, with 338,849 shares and share incentive awards, along with 253,965 shares under the Performance Share Plan yet to vest. This transaction reflects ongoing executive dealings in company securities, which may influence market perceptions and stakeholder interests.
The most recent analyst rating on (AU) stock is a Buy with a $105.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
On December 3, 2025, AngloGold Ashanti PLC announced that its executive officers, Marcelo Godoy and Lizelle Marwick, sold a portion of their shares in the company. Marcelo Godoy sold 19,148 shares at an average price of US$83.89551, while Lizelle Marwick sold 25,000 shares at an average price of US$84.59941. Despite the sales, both executives retain substantial holdings in the company, which reflects their continued confidence in AngloGold Ashanti’s future prospects. This transaction highlights the ongoing strategic decisions by the company’s leadership, which could influence investor perceptions and market dynamics.
The most recent analyst rating on (AU) stock is a Buy with a $131.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
On November 24, 2025, AngloGold Ashanti PLC announced that its Executive Director, Gillian Doran, executed an on-market sale of 22,033 ordinary shares at an average price of US$82.47271, totaling approximately US$1.82 million. Despite the sale, Ms. Doran retains a significant holding in the company, including 51,271 shares and additional shares under a performance plan. This transaction reflects ongoing executive-level dealings in the company’s securities, possibly impacting investor perceptions and market dynamics.
The most recent analyst rating on (AU) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.
On November 24, 2025, AngloGold Ashanti PLC announced a change in major shareholder holdings, as Van Eck Associates Corporation reduced its voting rights from 4.990% to 3.990%. This adjustment, which occurred on November 21, 2025, indicates a shift in the company’s shareholder structure, potentially impacting its governance and strategic decisions.
The most recent analyst rating on (AU) stock is a Buy with a $85.00 price target. To see the full list of analyst forecasts on Anglogold Ashanti PLC stock, see the AU Stock Forecast page.