AngloGold Ashanti (NYSE:AU – Get Free Report) announced its quarterly earnings results on Wednesday. The mining company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.10), Zacks reports. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion.
AngloGold Ashanti Trading Up 3.1 %
NYSE:AU opened at $32.02 on Friday. The company has a 50-day moving average of $27.29 and a 200-day moving average of $27.62. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.73. AngloGold Ashanti has a twelve month low of $17.01 and a twelve month high of $33.77.
AngloGold Ashanti Increases Dividend
The firm also recently declared a semi-annual dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.69 dividend. This represents a yield of 2.8%. This is an increase from AngloGold Ashanti’s previous semi-annual dividend of $0.22. The ex-dividend date is Friday, March 14th.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on AngloGold Ashanti
About AngloGold Ashanti
AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.
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