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How to buy AngloGold Ashanti (AGG) shares in Australia

Learn how to easily invest in AngloGold Ashanti shares.

AngloGold Ashanti is a gold business based in Australia. AngloGold Ashanti shares (AGG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. AngloGold Ashanti has a trailing 12-month revenue of around $4.5 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in AngloGold Ashanti

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for AngloGold Ashanti. Find the share by name or ticker symbol: AGG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until AngloGold Ashanti reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check on your investment. Congratulations, you own a part of AngloGold Ashanti. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

AngloGold Ashanti stock price (ASX:AGG)

Use our graph to track the performance of AGG stocks over time.

AngloGold Ashanti shares at a glance

Information last updated 2023-07-26.
52-week range$4.7275 - $8.68
50-day moving average $7.4606
200-day moving average $5.8872
Target priceN/A
PE ratio 50.0769
Dividend yield $0.46 (1.31%)
Earnings per share (TTM) $0.13

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Is it a good time to buy AngloGold Ashanti stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

AngloGold Ashanti price performance over time

Historical closes compared with the last close of A$6.51

6 months (2023-06-01) -12.50%
1 year (2022-12-01) 18.36%
2 years (2021-12-01) 10.15%
3 years (2020-12-01) 10.71%
5 years (2018-11-30) 137.59%

Is AngloGold Ashanti under- or over-valued?

Valuing AngloGold Ashanti stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of AngloGold Ashanti's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

AngloGold Ashanti's P/E ratio

AngloGold Ashanti's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 50x. In other words, AngloGold Ashanti shares trade at around 50x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

AngloGold Ashanti's EBITDA

AngloGold Ashanti's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.3 billion (£0.0 million).

The EBITDA is a measure of a AngloGold Ashanti's overall financial performance and is widely used to measure a its profitability.

AngloGold Ashanti financials

Revenue TTM $4.5 billion
Operating margin TTM 9.27%
Gross profit TTM $1.1 billion
Return on assets TTM 3.22%
Return on equity TTM 4.75%
Profit margin 4.15%
Book value 2.472
Market capitalisation $13.9 billion

TTM: trailing 12 months

AngloGold Ashanti share dividends

23%

Dividend payout ratio: 22.99% of net profits

Recently AngloGold Ashanti has paid out, on average, around 22.99% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.31% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), AngloGold Ashanti shareholders could enjoy a 1.31% return on their shares, in the form of dividend payments. In AngloGold Ashanti's case, that would currently equate to about A$0.46 per share.

While AngloGold Ashanti's payout ratio might seem low, this can signify that AngloGold Ashanti is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 22 March 2023 (the "ex-dividend date").

Have AngloGold Ashanti's shares ever split?

AngloGold Ashanti's shares were split on a 2:1 basis on 27 December 2002. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your AngloGold Ashanti shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for AngloGold Ashanti shares which in turn could have impacted AngloGold Ashanti's share price.

AngloGold Ashanti share price volatility

Over the last 12 months, AngloGold Ashanti's shares have ranged in value from as little as $4.7275 up to $8.68. A popular way to gauge a stock's volatility is its "beta".

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while AngloGold Ashanti's is 0.3452. This would suggest that AngloGold Ashanti's shares are less volatile than average (for this exchange).

AngloGold Ashanti overview

AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. The company explores for gold. Its flagship property is a 100% owned Geita project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. The company also owns 100% interest in the Iduapriem mine which covers 137 square kilometers located in the western region of Ghana; Obuasi project located in Ghana; AGA Mineração in Brazil; Serra Grande located in central Brazil in the state of Goiás; Greenfield Projects in the Beatty district in Nevada; and Sunrise Dam in Australia. It also holds 92.5% interest in the Cerro Vanguardia project situated in Argentina; 70% interest in the Tropicana property in Australia; and 85% interest in the Siguiri project in Guinea. The company also explores for silver and sulphuric acid. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.

AngloGold Ashanti in the news

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