AngloGold Ashanti Ltd. (NYSE:AU) shot up 1.8% during mid-day trading on Tuesday . The company traded as high as $21.34 and last traded at $21.15, with a volume of 2,409,936 shares. The stock had previously closed at $20.78.

A number of brokerages recently issued reports on AU. Zacks Investment Research raised AngloGold Ashanti from a “strong sell” rating to a “hold” rating in a research report on Monday, May 2nd. Royal Bank Of Canada raised AngloGold Ashanti from a “sector perform” rating to an “outperform” rating in a research report on Monday, April 11th. Citigroup Inc. downgraded AngloGold Ashanti from a “neutral” rating to a “sell” rating in a report on Tuesday, May 10th. Finally, Deutsche Bank AG downgraded AngloGold Ashanti from a “buy” rating to a “hold” rating in a report on Wednesday, July 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $34.17.

The firm’s market cap is $8.63 billion. The firm’s 50 day moving average price is $17.52 and its 200 day moving average price is $13.68.

Several large investors recently bought and sold shares of AU. Boyer & Corporon Wealth Management LLC boosted its stake in AngloGold Ashanti by 18.8% in the fourth quarter. Boyer & Corporon Wealth Management LLC now owns 216,129 shares of the mining company’s stock worth $1,535,000 after buying an additional 34,245 shares during the period. Dimensional Fund Advisors LP boosted its stake in AngloGold Ashanti by 5.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 19,247,028 shares of the mining company’s stock worth $136,638,000 after buying an additional 1,059,791 shares during the period. I.G. Investment Management LTD. boosted its stake in AngloGold Ashanti by 8.8% in the fourth quarter. I.G. Investment Management LTD. now owns 1,076,002 shares of the mining company’s stock worth $7,640,000 after buying an additional 86,700 shares during the period. Gabelli Funds LLC boosted its stake in AngloGold Ashanti by 1.9% in the fourth quarter. Gabelli Funds LLC now owns 2,635,200 shares of the mining company’s stock worth $18,710,000 after buying an additional 50,000 shares during the period. Finally, TD Asset Management Inc. boosted its stake in AngloGold Ashanti by 40.1% in the fourth quarter. TD Asset Management Inc. now owns 163,300 shares of the mining company’s stock worth $1,159,000 after buying an additional 46,700 shares during the period.

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