AngloGold Ashanti (AU) Hits 52-Week High: What's Aiding It?
AngloGold Ashanti plc(AU) ZACKS·2024-08-22 01:55
Shares of AngloGold Ashanti PLC (AU) scaled a new 52-week high of $32.34 on Aug 20 before ending the session lower at $32.09. The upside was fueled by a spike in gold prices.AngloGold Ashanti has a market capitalization of $13.5 billion and currently carries a Zacks Rank #3 (Hold).Shares of the company have gained 71.7% year to date, outpacing the industry’s 28.9% growth and the S&P 500’s 17.7% rise. Meanwhile, the Basic Materials sector has declined 4.2% in the same time frame. Image Source: Zacks Investme ...