AngloGold Ashanti Hikes Shareholder Payouts as Earnings Soar on Higher Gold Prices
Corroborated by 2 sources from 2 publishers
TL;DR
AngloGold Ashanti Hikes Shareholder Payouts as Earnings Soar on Higher Gold Prices AngloGold Ashanti (AU) reported decent Q1 earnings on Friday, May 8. Shares lifted in the morning trade, all while gold staged a small recovery after what has been a tough stretch since the yellow metalâs January record high. - AU posted Q1 non-GAAP EPS of $2.52 (beat), $3.15 billion in revenue (miss), and 190% YoY FCF growth to $1.17 billion.
Sources
1
Dow Jones Markets Main
https://www.wsj.com/finance/commodities-futures/anglogold-ashanti-hikes-shareholder-payouts-as-earnings-soar-on-higher-gold-prices-857adca8?mod=rss_markets_main
2
Seeking Alpha Market News
https://seekingalpha.com/article/4901458-anglogold-ashanti-surging-free-cash-flow-as-gold-consolidates?source=feed_all_articles