Somewhat Positive News Coverage Somewhat Unlikely to Impact AngloGold Ashanti (AU) Share Price

Media coverage about AngloGold Ashanti (NYSE:AU) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. AngloGold Ashanti earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the mining company an impact score of 46.1083300007954 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news articles that may have impacted Accern’s rankings:

Several equities analysts have commented on AU shares. Zacks Investment Research downgraded AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Friday, January 12th. ValuEngine downgraded AngloGold Ashanti from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $11.25.

Shares of AU opened at $9.17 on Tuesday. AngloGold Ashanti has a 1 year low of $8.86 and a 1 year high of $13.31. The company has a quick ratio of 0.63, a current ratio of 1.57 and a debt-to-equity ratio of 0.82. The stock has a market cap of $3,831.62, a PE ratio of 152.83 and a beta of -0.93.

The business also recently disclosed a None dividend, which was paid on Monday, April 16th. Stockholders of record on Friday, March 23rd were given a dividend of $0.055 per share. The ex-dividend date was Thursday, March 22nd. This represents a dividend yield of 0.6%. AngloGold Ashanti’s dividend payout ratio (DPR) is 83.33%.

In related news, Director Lotan Holdings Inc. acquired 29,400 shares of the stock in a transaction dated Wednesday, February 21st. The stock was bought at an average cost of $1.05 per share, for a total transaction of $30,870.00. Insiders have bought 181,300 shares of company stock valued at $170,623 over the last 90 days.

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About AngloGold Ashanti

AngloGold Ashanti Limited operates as a gold mining and exploration company. The company also produces silver, uranium oxide, copper, and sulphuric acid. Its portfolio includes 17 mines in South Africa, Continental Africa, Australasia, and the Americas. AngloGold Ashanti Limited was founded in 1944 and is headquartered in Johannesburg, South Africa.

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