Report
Kristoffer Inton

Solid Start in Seasonally Weaker First Quarter Puts AngloGold Ashanti in Reach of 2018 Targets

AngloGold Ashanti’s performance tends to weight toward the back half of the year, with the first quarter usually being the smallest contributor to the full year. Despite that, the company turned in a pretty solid start to 2018. The company produced 824,000 ounces of gold at all-in sustaining costs (AISC) of $1,029 per ounce. Given the solid performance, the company maintained its full-year guidance of 3,325,000 to 3,450,00 ounces at AISC of $990 to $1,060 per ounce. The first quarter puts it wel...
Underlying
AngloGold Ashanti Ltd. ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Kristoffer Inton

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