Anglogold Ashanti

Anglogold Ashanti saw its share price rise by more than 47% within one month amid the strong gold rally. In Q2 2026 the company produced 744,000 ounces of gold. A large discovery estimated at 4.9 million ounces was reported in the Beatty district in Nevada, while the sector as a whole gained 37.51%. » More on finanzen.net

AngloGold Ashanti recorded a realized gold price increase of 35% in Q2 to $4,446/oz, driving revenue to $3.10bn and EBITDA to $1.97bn. Adjusted earnings rose 58% to $1.01bn and free cash flow was $727m, turning the balance sheet into a net cash position of $991m. The company also announced a $2.0bn share buyback program, which had previously significantly boosted the share price. » More on finanzen.net

AngloGold Ashanti has convened a general meeting for Thursday, 23 July 2026, at which a proposed share buyback program will be put to a vote. The record date for eligibility to participate was set at 26 June 2026; invitations will be sent by post and the notice is available on the company’s and the SEC’s websites. The vote is to take place shortly before the publication of the next quarterly report on 7 July 2026; the stock trades at a P/E ratio of 17.88 and a market capitalization of USD 50.85 million and is considered undervalued according to InvestingPro. » More on de.investing.com