NYSE:AUMetals and Mining
Is AngloGold Ashanti (NYSE:AU) Still Attractive After A 97.5% One-Year Surge?
Wondering if AngloGold Ashanti at around US$84.43 is still offering value after a strong run, or if the easy gains are behind it.
The stock has pulled back recently, down 8.1% over the last week and 21.1% over the last month, yet it still shows a 97.5% return over the past year and a very large 3 year return, with a 362.6% return over 5 years.
Recent price moves sit against a backdrop of ongoing interest in gold producers and periodic shifts in risk appetite across the sector. For AngloGold...