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AngloGold Ashanti Shares (JSE: ANG) – Latest Price & Outlook

Analyst Team trader
Updated 6 Jun 2025

Anglogold Ashanti Ltd is an independent, global gold mining company listed on the Johannesburg Stock Exchange (JSE) with a diverse, high-quality portfolio of operations and projects.

The graph below shows the latest Anglogold Ashanti Ltd share price on the Johannesburg Stock Exchange. Investors have seen Anglogold Ashanti Ltd shares perform well in recent times as the demand for gold, and related gold stocks has soared. Anglogold Ashanti Ltd stock is live on the JSE under the stock symbol of ANG and is available to trade via various brokers in South Africa.


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Who Are Anglogold Ashanti?

The history of Anglogold Ashanti Ltd can be traced back to 26 April 2004 when it was formed by the merger of AngloGold and the Ashanti Goldfields Corporation. Today AngloGold Ashanti Limited is a global gold producer with 21 operations on four continents.

While gold is the company’s principal product, it also produces silver (in Argentina) and sulphuric acid (in Brazil) as by-products. In Colombia, feasibility studies are underway at two of its projects, one of which will produce both gold and copper.

Anglogold Ashanti Ltd has a diversified portfolio of products and services in more sectors of the mining value chain and renders a variety of services including: Exploration, mining, processing and refining, sale of products, financial management, rehabilitation and mine closure.

Growth, Valuation, Trading Information
Gross Turnover
52-Week Range
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Earnings per Share
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5 Yr Ave Dividend per Share

Recent Developments

One of the most significant recent developments for AngloGold Ashanti was the completion of its acquisition of Centamin PLC in November 2024, a deal valued at £1.9 billion ($2.5 billion). This acquisition brought the Sukari gold mine in Egypt into AngloGold Ashanti’s portfolio, adding a valuable asset with a proven track record of production. The Sukari mine, having produced over 5.9 million ounces of gold since 2009, not only expands AngloGold Ashanti’s production capacity but also diversifies its geographical footprint, reducing its reliance on any single region.

Analysts’ opinions on AngloGold Ashanti have been mixed but trending positive. JPMorgan Chase & Co. initially lowered its price target in December 2024, but then significantly raised it in April 2025, signaling a shift in sentiment. These upgrades often reflect a combination of factors, including improved earnings prospects, successful execution of strategic initiatives, and favorable macroeconomic conditions.

The dividend increase announced in March 2025, which saw the semi-annual dividend jump from $0.22 to $0.69 per share (resulting in a 2.8% dividend yield), is a testament to the company’s financial strength and its commitment to rewarding shareholders.

DateEvent
Nov 2024Acquired Centamin PLC for £1.9B ($2.5B)
Dec 2024JPMorgan lowered price target to $32.00
Mar 2025Increased semi-annual dividend from $0.22 to $0.69
Apr 2025JPMorgan raised price target to $53.00
Apr 2025StockNews upgraded rating from “hold” to “buy”
Feb 2025Stock reached 52-week high of 90,368

Amplats Stock Chart – 5 Year

Over the past five years, AngloGold Ashanti has experienced significant financial fluctuations, with an impressive gain of 115%. The 1 year gain of 85% demonstrates the momentum that has been building in recent months.

Company Essentials

Anglogold Ashanti Ltd has its headquarters at 76 Rahima Moosa Street, Newtown, Johannesburg, 2001.

Anglogold Ashanti Ltd has more than 62,100 employees and currently serves clients in several countries around the world.

The current CEO of Anglogold Ashanti Ltd is Alberto Calderon.

Bull & Bear Cases

  • Strategic Acquisition: The Centamin PLC acquisition provides increased production and geographical diversification.
  • Positive Analyst Ratings: Upgrades and price target increases suggest growing confidence in the company’s future.
  • Increased Dividends: Demonstrates financial strength and commitment to shareholder value.
  • Growing Institutional Interest: Indicates confidence in the company’s long-term prospects.
  • Strong Gold Prices: A sustained high price of gold will directly benefit AngloGold Ashanti’s profitability.
  • Volatile Stock Price: Susceptible to market fluctuations and geopolitical events.
  • Operational Risks: Mining operations are inherently risky, with potential for disruptions and cost overruns.
  • Geopolitical Risks: Operating in multiple countries exposes the company to political instability and regulatory changes.
  • Currency Fluctuations: Fluctuations in currency exchange rates can impact profitability.
  • Lower Gold Prices: A significant drop in gold prices would negatively impact revenues and earnings.

How to buy AngloGold Ashanti Shares – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders’ participating daily. To buy, sell or trade AngloGold Ashanti stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “ANG”.
  2. Select a broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker’s trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.

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The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.
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