AngloGold Ashanti Limited (NYSE:AU) was the target of unusually large options trading activity on Tuesday. Traders purchased 14,500 call options on the stock. This represents an increase of 1,630% compared to the typical daily volume of 838 call options.

AngloGold Ashanti stock opened at $15.51 on Thursday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.79 and a current ratio of 1.84. The firm has a market cap of $5.56 billion, a PE ratio of 258.50 and a beta of -0.91. AngloGold Ashanti has a fifty-two week low of $7.07 and a fifty-two week high of $15.86.

Several research firms have issued reports on AU. ValuEngine upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research cut shares of AngloGold Ashanti from a “hold” rating to a “sell” rating in a research note on Thursday, January 24th. Scotiabank reiterated a “hold” rating and issued a $14.00 target price on shares of AngloGold Ashanti in a research note on Sunday, January 20th. BMO Capital Markets began coverage on shares of AngloGold Ashanti in a research note on Monday, December 10th. They issued a “market perform” rating and a $11.00 target price on the stock. Finally, Citigroup cut shares of AngloGold Ashanti from a “neutral” rating to a “sell” rating in a research note on Tuesday, November 6th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $11.50.

Several institutional investors have recently bought and sold shares of AU. Northern Trust Corp grew its holdings in shares of AngloGold Ashanti by 6.1% during the 2nd quarter. Northern Trust Corp now owns 448,226 shares of the mining company’s stock valued at $3,680,000 after purchasing an additional 25,915 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of AngloGold Ashanti by 50.9% during the 3rd quarter. Bank of Montreal Can now owns 195,071 shares of the mining company’s stock valued at $1,674,000 after purchasing an additional 65,793 shares during the last quarter. Aperio Group LLC grew its holdings in shares of AngloGold Ashanti by 29.5% during the 3rd quarter. Aperio Group LLC now owns 386,762 shares of the mining company’s stock valued at $3,318,000 after purchasing an additional 87,994 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of AngloGold Ashanti by 11.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,673,802 shares of the mining company’s stock valued at $14,392,000 after purchasing an additional 165,488 shares during the last quarter. Finally, Hussman Strategic Advisors Inc. grew its holdings in shares of AngloGold Ashanti by 20.0% during the 3rd quarter. Hussman Strategic Advisors Inc. now owns 300,000 shares of the mining company’s stock valued at $2,574,000 after purchasing an additional 50,000 shares during the last quarter. Hedge funds and other institutional investors own 40.88% of the company’s stock.

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AngloGold Ashanti Company Profile

AngloGold Ashanti Limited operates as a gold mining company. The company also produces silver, uranium oxide, and sulphuric acid. Its portfolio includes 17 operations and 3 projects in 10 countries in South Africa, Continental Africa, the Americas, and Australasia. AngloGold Ashanti Limited was founded in 1944 and is headquartered in Johannesburg, South Africa.

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