AngloGold Ashanti Limiteds in-depth stock price analysis indicates that the stock price has rallied 17.15% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -24.48% . Looking at the past 52 week period, the stock price is up at 14.44% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of AngloGold Ashanti Limited has a negative value of -23.23 compared to overall market performance. AngloGold Ashanti Limited (NYSE:AU) has climbed 2.76% in the past week and advanced 11.31% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.93% and the outperformance has advanced to 9.31% for the last 4 weeks period.
AngloGold Ashanti Limited (NYSE:AU) : On Friday heightened volatility was witnessed in AngloGold Ashanti Limited (NYSE:AU) which led to swings in the share price. The stock opened for trading at $13.01 and hit $13.395 on the upside , eventually ending the session at $13.39, with a gain of 1.9% or 0.25 points. The heightened volatility saw the trading volume jump to 3,210,582 shares. The 52-week high of the share price is $22.91 and the company has a market cap of $5,463 million. The 52-week low of the share price is at $9.28 .
AngloGold Limited is the largest gold producer at 7 million ounces a year, with reserves of 126 m oz. The company has operations in six countries on three continents, some of which are joint ventures, as well as exploration activities in ten countries. AngloGold can be financially characterized by high cash generation, substantial reinvestment in long-term growth and the payment of significant dividends. The company distinguishes itself from its producer peer group through its active involvement in the development of the gold market, particularly in Asia.