AngloGold Ashanti Limited (NYSE:AU) Poised For Near-Term Pullback Despite Fair Valuation

AngloGold Ashanti shows mixed momentum: short-term indicators point lower while longer-term averages and WMDST’s fair valuation suggest underlying support. Technical weakness near short-term resistance warrants caution for the coming weeks.

Recent News

Feb 24, 2026 — Analysts raised the one-year price target for AngloGold Ashanti, revising the average target upward; the move followed recent trading and analyst coverage. Dec 17, 2025 — AngloGold Ashanti Holdings plc commenced a farm‑in agreement related to Tanzanian assets with a third party, conditional on prospecting licences. A regional operations update reported Sukari mine output rose roughly 7% year-over-year for the first nine months of the period cited.

Technical Analysis

Directional indicators (ADX/DI+/DI-): ADX at 23.45 indicates an emerging trend; DI+ at 32.42 shows prior upside leadership but the DI+ peak & reversal signals a bearish turn, while DI- dip & reversal (22.78) confirms rising downside pressure. Together these imply the short-term directional bias has shifted toward sellers despite the developing trend strength.

MACD: MACD sits at 4.48 beneath its signal line at 5.26, and the MACD trend shows peak & reversal; this combination signals contracting bullish momentum and a bearish momentum crossover that favors near-term downside.

MRO (Momentum/Regression Oscillator): MRO of 28.84 registers positive and at a level that indicates price sits above modeled target, suggesting a propensity for mean reversion downward; the MRO peak & reversal reinforces the case for short-term pullback pressure.

RSI: RSI at 58.12 with a peak & reversal shows momentum has rolled over from a higher level and sits below overbought thresholds but above neutral, aligning with signals that prior strength may cool before resuming.

Price vs Moving Averages and Bands: Current close $107.89 trades below short-term EMAs and the 20‑day average (price12‑day EMA 116.21; 20‑day avg 116.76), while staying above the 50‑day ($103.39) and 200‑day ($72.03) averages. Price near the Bollinger lower 1x band ($107.45) indicates intraday support sits close beneath the close; short-term mean reversion toward the moving averages remains likely if selling pressure eases.

Ichimoku & Trend Context: Tenkan Sen at $116.16 and Kijun Sen at $110.27 remain above the close, while the current cloud (Senkou A $96.37 / Senkou B $85.44) lies below price, so cloud placement still supports structural support despite short-term weakness.

Volume & Volatility: Today’s volume (3,577,121) runs slightly above the 10‑day and 200‑day averages, showing above‑average participation on recent moves. Volatility metrics (42‑day and 52‑week both 0.04) show moderate realized volatility versus typical equity extremes.

 


Fundamental Analysis

Earnings and EPS: Reported EPS $1.90 versus estimate $1.94, an EPS surprise of -2.06% (difference -$0.04) for the period ended 2025‑12‑31; the company filed the earnings release on 2026‑02‑19 and expects next reporting on 2026‑05‑21.

Earnings growth: WMDST data show earnings growth at 43.94% and earnings growth year-over-year of 55.25%, with earnings growth quarter-over-quarter at 6.85%, indicating substantial recent profitability improvement that underpins valuation stability.

Revenue and cash flow: Reported revenue growth flagged at 0.0% with QoQ and YoY values of -100.0% each in the provided metrics; cash flow margin and cash flow to earnings register at 0.0%, and invested capital reads -$231,000,000. Cost of debt equals 2.70%.

Valuation multiples: Trailing P/E stands at 49.38 while forward P/E equals 34.56 and forward PEG registers 0.79. WMDST values the stock as fair‑valued. The P/E of 49.38 sits above the industry peer mean (approx. 45.76) and industry peer median (approx. 42.95) but well within the peer high of ~77.85; the PEG of 1.12 compares above the industry peer mean (≈0.43) and above the industry peer median (≈0.91), indicating relative premium on trailing growth expectations while forward multiples compress the premium. Use of these multiples aligns with the company’s strong 2025 cash‑flow and declared capital returns in the period.

Other fundamentals: Forward EPS of $2.239 implies a forward P/E near 34.56 and a forward PEG near 0.79, reflecting expected earnings carry‑through into forward valuations. The cost of debt at 2.70% supports leverage economics given recent free cash flow strength reported for the year. Date of report: 2026‑02‑19; year ending: 2025‑12‑31.

MOST-RECENT QUARTERLY REPORT
REPORT PERIOD ENDING: 2025-12-31
REPORT DATE: 2026-02-19
NEXT REPORT DATE: 2026-05-21
CASH FLOW  Begin Period Cash Flow —
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INCOME STATEMENT REVENUE
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COSTS
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PROFITABILITY
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EARNINGS
 EPS Estimate $ 1.94
 EPS Actual $ 1.90
 EPS Difference $ -0.04
 EPS Surprise -2.062 %
 Forward EPS $ 2.24
 
BALANCE SHEET ASSETS
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LIABILITIES
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EQUITY
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VALUATION & PER-SHARE METRICS EQUITY & PER-SHARE METRICS
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VALUATION
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CAPITAL STRUCTURE
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PRICE-BASED VALUATION
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Price To Book IPRWA —
 Price To Earnings (P/E) 49.384
Price To Earnings QoQ 0.142 %
Price To Earnings YoY 22.026 %
Price To Earnings IPRWA high: 77.851
AU: 49.384
mean: 45.764
median: 42.946
low: -50.558
 PE/G Ratio 1.124
 Price To Sales (P/S) —
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FORWARD MULTIPLES
Forward P/E 34.556
Forward PE/G 0.786
Forward P/S —
EFFICIENCY OPERATIONAL
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ASSET & SALES
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CASH CYCLE
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Cash Conversion Cycle Days IPRWA high: 99.172
median: 75.513
mean: 63.936
AU: 0
low: -24.305
CAPITAL DEPLOYMENT
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CAPITAL, LIQUIDITY & COVERAGE CAPITAL STRUCTURE
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 Invested Capital $ -231.00 M
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LIQUIDITY
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COVERAGE & LEVERAGE
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 Cost Of Debt 2.7 %
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TIMING / LIQUIDITY
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DIVIDENDS
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PERFORMANCE GROWTH
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 Revenue Growth 0.0 %
Revenue Growth QoQ -100.0 %
Revenue Growth YoY -100.0 %
Revenue Growth IPRWA high: 63.125 %
mean: 23.928 %
median: 23.425 %
AU: 0.0 %
low: -4.882 %
 Earnings Growth 43.939 %
Earnings Growth QoQ 684.625 %
Earnings Growth YoY 55.251 %
Earnings Growth IPRWA high: 328.571 %
mean: 61.788 %
median: 47.368 %
AU: 43.939 %
low: -33.333 %
MARGINS
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CASH FLOW
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 Cash Flow Margin 0.0 %
 Cash Flow To Earnings 0.0
VALUE & RETURNS
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Six-Week Outlook

Expect near-term pressure as short‑term momentum indicators and EMA/20‑day alignment favor a pullback or consolidation phase. Key structural supports include the 50‑day average (~$103.39) and the Bollinger lower band (~$107.45); failure below the 50‑day average would increase downside bias. Conversely, relief rallies must reclaim the 12‑day EMA and 20‑day average near $116 to re‑establish near‑term upside conviction. Volume above recent averages on downside days would signal stronger selling; lighter volume on declines suggests a controlled re‑rate and higher probability of mean reversion. Monitor upcoming company reporting cadence and announced corporate actions as primary catalysts for directional resolution.

About AngloGold Ashanti Limited

AngloGold Ashanti Limited (NYSE:AU) mines and produces gold, with a history stretching back to 1944. Headquartered in Greenwood Village, Colorado, the company operates across Africa, Australia, and the Americas. AngloGold Ashanti explores and extracts gold, while also recovering by-products like silver and sulphuric acid. The Geita mine, located in Tanzania’s Lake Victoria goldfields, highlights its strategic asset portfolio. AngloGold Ashanti prioritizes sustainable mining practices, focusing on safety, environmental stewardship, and community engagement. The company emphasizes operational efficiency and innovation, maintaining its competitive edge in the mining industry. AngloGold Ashanti consistently seeks new opportunities to expand its global footprint, aiming to deliver value to shareholders while positively impacting the communities and environments where it operates. As a prominent player in the gold mining sector, the company remains committed to growth and sustainability in an ever-evolving market.



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