News · Yahoo Finance

AngloGold Ashanti (AU) Registers a Bigger Fall Than the Market: Important Facts to Note

AngloGold Ashanti (AU) closed at $85.08 in the latest session, down 2.49% from the prior day, a larger decline than the S&P 500's 0.31% drop. Over the same period, the Dow fell 0.25% and the Nasdaq lost 1.38%. Over the past month, the stock has fallen 7.13%, underperforming the Basic Materials sector's 3.42% decline and the S&P 500's 0.87% gain. The company is set to report earnings on November 5, 2026, with projected EPS of $1.7, up 28.79% year over year, and revenue of $2.84 billion, up 19.55%. For the full year, the Zacks Consensus Estimates expect EPS of $8.13 and revenue of $12.19 billion, up 51.4% and 25.33%. The stock currently carries a Zacks Rank of #3 (Hold) and trades at a Forward P/E of 10.73, below the industry average of 11.4 in the Mining - Gold group, which ranks 190 on the Zacks Industry Rank out of more than 250 industries.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on Yahoo Finance ↗

Keywords

goldminingAngloGold Ashantiearnings

Open a keyword to see other news on the same topic.

Related tickers and likely impact

XAU/USD

• Neutral

Relevance: low

MarketGold
Close on 10/29/20264,021.63
Change that session-1.13%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • What AngloGold Ashanti Stock Investors Should Know About Ghana Mining Labor Rules

    Ghana's government has directed its Minerals Commission to standardise salaries, wages and employment conditions across the mining sector as operations shift from owner mining to local contractors, aiming to prevent pay and benefit cuts during these transitions. The rule could reshape AngloGold Ashanti's cost structure, labour relations and contractor strategy at its Ghanaian sites. The article notes no fresh company announcements on Ghanaian labour since the October 2026 directive, and the core story remains growth projects at Geita, Obuasi, Siguiri, Cuiabá and Nevada plus an approved US$2b buyback. Analysts expect revenue of about $12.1b and earnings of $4.2b by 2029, up from about $3.8b today.

    Yahoo Finance·AngloGold Ashantimininggold
  • AngloGold Ashanti Preaches Buyback Discipline Amid Soaring Valuations

    AngloGold Ashanti CFO Gillian Doran said buybacks must be opportunistic, with dividends, set at 50% of free cash flow, remaining the main way to return cash. Her comments came a day after BlackRock's Evy Hambro criticised gold miners for “reckless capital allocation” in announcing large buybacks, as four major producers have approved about $12bn in total. AngloGold has a $2bn five-year buyback programme and returned 62% of free cash flow via dividends in 2025. Doran said the company is balancing shareholder returns with two growth projects, the Arthur Gold Project in Nevada and Quebradona in Colombia, which still faces permitting uncertainty. AngloGold also repaid debt early this year to bolster its funding capacity.

    miningmx.com·goldminingdividends
  • AngloGold Ashanti Preaches Buyback Discipline Amid Soaring Valuations

    AngloGold Ashanti CFO Gillian Doran said the company will buy back shares only opportunistically and when it makes sense, not simply as another way to hand cash to shareholders. The company has a $2bn buyback programme over five years, but dividends remain its main return mechanism, set at 50% of free cash flow, with 62% returned through dividends in 2025. Her comments followed criticism from BlackRock's Evy Hambro of 'reckless capital allocation' by gold miners announcing large buybacks, with four major producers approving about $12bn in programmes in total. Doran said AngloGold is balancing returns with two growth projects, Arthur in Nevada and Quebradona in Colombia, due in the 2030s, while Quebradona still faces permitting and regulatory uncertainty.

    miningmx.com·AngloGold Ashantigoldshare buybacks
  • What Eldorado Gold (EGO) Said on Its Q3 Earnings Call

    Eldorado Gold said commercial production at its Skouries project is now expected in late 2026, with total project capital rising to about $1.425 billion, though the company says the project remains fully funded. Third-quarter revenue rose 18% year over year to $512 million, supported by an average realized gold price of $4,326 per ounce versus $3,527 a year earlier, and adjusted earnings reached $0.49 per share compared with $0.41. Consolidated free cash flow was negative $191 million as the company continued investing in Skouries and McIlvenna Bay. Eldorado cut 2026 gold production guidance for its established mines to 410,000–430,000 ounces, excluding the two new projects, which are expected to reach nameplate capacity around mid-2027. The company has offtake contracts covering most expected Skouries output over the next two and a half years.

    Yahoo Finance·goldminingearnings
  • What Alamos Gold (AGI) Said on Its Q3 Earnings Call

    Alamos Gold produced 119,000 ounces of gold in Q3 2026 and said it remains on track for its revised annual guidance, with fourth-quarter production expected to rise 26% as mining rates and grades improve at Island Gold. The company generated $76 million in free cash flow and ended the quarter with $397 million in net cash, while returning $22 million to shareholders and using $86 million to repurchase legacy Argonaut Gold hedge contracts. The Phase 3+ shaft expansion at Island Gold has been delayed about one quarter to mid-2027 after ground-support issues, and its total cost is now expected to be 5% above the previous $835 million budget. Underground mining rates are expected to exceed 2,000 tons per day in the first half of 2027, with the ramp-up to 2,400 tons per day now expected in the second half.

    Yahoo Finance·goldminingearnings
  • Kinross Gold (TSX:K) Stock Q3 Results Highlight Cash Flow And Project Risk

    Kinross Gold shares fell about 12% over the past month and 5% over the past week, closing at CA$30.16. In Q3 2026, revenue was US$1,774.7m (down 1.5% year on year), net income excluding extra items was US$583.2m (down 0.3%), basic EPS rose 1.9% to US$0.49, and gold production was 15.31 troy ounces (down 2.3%). The company generated over US$1.8b of free cash flow in nine months, held US$2.6b in cash, and was upgraded to BBB by S&P, while management raised its shareholder return target to 50% of free cash flow. The article notes execution risk remains for long-dated projects: Great Bear targets first production in late 2029 with capital needs higher than initial PEA estimates, while Lobo Marte's Environmental Impact Assessment is under review and only early works spending is planned for 2027.

    Yahoo Finance·Kinross Goldgoldmining

Related markets

Gold →

Latest news

  • Amazon's AI build-out just pushed its cash burn to a record: Chart of the Day

    Amazon's free cash flow was negative by more than $42 billion over the 12 months through September, a record cash burn nearly double the previous high of about $23 billion in 2022. Most of the damage came in the third quarter, when Amazon spent about $77 billion on property and equipment, more than double a year earlier, leaving a gap of roughly $33 billion for the quarter. The spending is paying off at AWS, which grew 39% to about $46 billion, its fastest pace in nearly five years, while Amazon's operating margin of nearly 14% was its highest ever. Long-term debt rose to about $173 billion from $66 billion at the end of 2025, and cash fell to about $56 billion from $87 billion. Credit default swap costs on Amazon's debt have risen about 50% since early August, and the stock fell about 4% on Thursday.

    Yahoo Finance·▼ AMZNAMZNAI investmentcloud computing
  • YouTube isn't just dominating TV — it's dominating Google

    Ads on living room TVs accounted for more than one-third of YouTube's ad revenue, Alphabet reported earlier this week. YouTube ad revenue rose 9% to $11.2 billion, and the company says it remains the No. 1 streaming platform in the US by watch time. Meanwhile, Meta's Instagram is testing a new “Features” format that allows uploads of videos up to 90 minutes, a major shift from its long-resisted stance on long-form video and a direct challenge to YouTube. The move aims to help creators connect with audiences and to capture the ad dollars that come with longer content. Last year, Instagram also pushed to let users watch Reels on their TVs.

    Yahoo Finance·▲ GOOGLadvertisingGOOGLMETA
  • Google is happy AI is cannibalizing its most profitable business

    Executives said on Wednesday's earnings call that strong growth in Google's AI Mode helped slow revenue growth, because the company earns less ad money on AI than on traditional search. Alphabet's stock plunged 12% on Thursday, shedding nearly $500 billion. Pichai said AI investments helped drive the fastest search query growth in five years, and chief business officer Philipp Schindler said most AI Mode queries are incremental, creating more monetization opportunities over time. Pichai also described AI agents as an expansion opportunity rather than a threat to search revenue. Google views the lost revenue as part of its AI investment, betting on a future where AI reshapes how people use the web.

    Yahoo Finance·• GOOGLGOOGLartificial intelligenceadvertising
  • THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack

    RUNE rose more than 13% to $0.67 from a local low of $0.59 at 12:20 a.m. UTC, according to TradingView data, after Binance confirmed the $6.3 billion hack. Onchain investigator ZachXBT said funds stolen from Binance and Bitget's September hack passed through THORChain and were combined at the same Ethereum address, and that the Bitget attack was attributed to North Korea-linked TraderTraitor. TRM Labs and Chainalysis also linked the Binance hack to the group. North Korean hackers had previously used THORChain to launder funds from the $1.4 billion Bybit hack and the $388 million Bitget hack. THORChain rejected Bitget CEO Gracy Chen's call to block the attacker's addresses, saying it cannot block individual swaps, though node operators can pause trading across a blockchain or the network. Validator TCB threatened to leave unless the protocol stopped processing North Korea-linked funds.

    Cointelegraph·▼ BNB/USDT▲ RUNE/USDTcryptocybersecurityNorth Korea
  • Billionaire Pham Nhat Vuong adds nearly half a billion USD to VinFast Vietnam

    Billionaire Pham Nhat Vuong has completed an additional capital injection of VND 11,000 billion (about USD 436.4 million) into VinFast Vietnam Joint Stock Company (VFVN), a subsidiary of VinFast Auto Ltd., according to a VinFast Auto report filed with the SEC on October 29. The funds were provided through VFVN issuing non-convertible dividend-preference shares to him, on terms similar to the shares issued in the third quarter of 2026, when he contributed VND 20,000 billion. Including both tranches, his total contributions through this method reach VND 31,000 billion, in addition to his earlier financial support commitments. The company said the aim is to further strengthen VFVN's financial capacity and provide resources for its growth plans. Pham Nhat Vuong, Vietnam's richest person with assets of USD 37.7 billion, said at Vingroup's 2024 shareholder meeting that Vingroup would never abandon VinFast.

    CafeF·▲ VICVICelectric vehiclesVietnam
  • Here’s when Binance plans to reopen after what’s believed to be the largest-ever $6.3 billion hack

    Binance has pledged to restore exchange operations within a couple of days after a record $6.3 billion heist, believed to be the largest ever. The hack has rattled the industry and investors.

    MarketWatch·• BNB/USDTcryptocybersecurityexchanges

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.