Movement Alert｜ANGLOGOLD ASHANTI PLC Falls 4.11% in Pre-Market Trading, Q3 miss versus expectations and broader gold-sector weakness weigh on shares

Market Focus11-12 21:39

On November 12, ANGLOGOLD ASHANTI PLC fell 4.11% in Pre-Market Trading, trading at $88.22 per share, with turnover of $3.68 million.

The move came as the market continued to digest the company’s latest quarterly results, which showed year-over-year improvement but missed consensus expectations, while the broader gold sector also remained under pressure.

For the quarter reported on November 5, headline earnings were $1.55 per share versus $1.32 a year earlier, while revenue from product sales rose to $2.62 billion from $2.42 billion and gold income reached $2.56 billion. However, those figures were below market expectations of $1.76 per share and $2.89 billion in revenue. At the same time, gold miners broadly weakened, with Newmont Mining down 2.87%, Coeur Mining down 3.66%, Agnico Eagle Mines down 2.97%, Barrick Mining Corporation down 2.68%, and Franco-Nevada down 0.71%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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