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4-Traders Homepage  >  Equities  >  Johannesburg Stock Exchange  >  AngloGold Ashanti Limited    ANGJ   ZAE000043485

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AngloGold Ashanti : AngloGold Forecasts Gold Between $1,700/Oz-$1,800/Oz For Rest Of Year

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05/10/2012 | 09:21am CEST

AngloGold Ashanti Ltd. (AU) said it expects the gold price to range between $1,700 a troy ounce and $1,800/oz for the remainder of the 2012 calendar year, with the possibility of a break above $2,000/oz, its chief executive said Thursday.

"We expect volatility and could see a bit of a pullback," said chief executive Mark Cutifani. "There's a possibility of popping through $2,000/oz if the news keeps getting worse."

Cutifani said gold averaged about $1,690/oz in the first quarter of its financial year ended March 31 and that the second quarter average could be lower. He said though that the gold mining company expects a stronger second half of the year.

-By Devon Maylie, Dow Jones Newswires; +27117837848; devon.maylie@dowjones.com

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Financials ($)
Sales 2017 4 292 M
EBIT 2017 491 M
Net income 2017 290 M
Debt 2017 1 892 M
Yield 2017 1,00%
P/E ratio 2017 16,39
P/E ratio 2018 9,99
EV / Sales 2017 1,35x
EV / Sales 2018 1,22x
Capitalization 3 911 M
Chart ANGLOGOLD ASHANTI LIMITED
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AngloGold Ashanti Limited Technical Analysis Chart | ANGJ | ZAE000043485 | 4-Traders
Technical analysis trends ANGLOGOLD ASHANTI LIMITED
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Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 12,7 $
Spread / Average Target 32%
EPS Revisions
Managers
NameTitle
Srinivasan Venkatakrishnan Chief Executive Officer & Executive Director
Sipho Mila Pityana Independent Non-Executive Chairman
Christopher Bernard Sheppard Chief Operating Officer-South Africa
Kandimathie Christine Ramon Chief Financial Officer & Executive Director
Graham J. Ehm Executive Vice President-Planning & Technical
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