AngloGold Ashanti Ltd. (NYSE:AU)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $22.72 and last traded at $22.37, with a volume of 1,623,235 shares changing hands. The stock had previously closed at $22.36.

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded AngloGold Ashanti from a “strong sell” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Tuesday, July 12th. Deutsche Bank AG lowered AngloGold Ashanti from a “buy” rating to a “hold” rating in a research note on Wednesday, July 6th. Royal Bank Of Canada upgraded AngloGold Ashanti from a “sector perform” rating to an “outperform” rating in a research note on Monday, April 11th. Finally, Citigroup Inc. lowered AngloGold Ashanti from a “neutral” rating to a “sell” rating in a research note on Tuesday, May 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $34.17.

The stock’s market cap is $8.88 billion. The firm’s 50 day moving average is $19.44 and its 200-day moving average is $14.78.

Other large investors recently bought and sold shares of the company. Airain ltd increased its stake in AngloGold Ashanti by 14.5% in the fourth quarter. Airain ltd now owns 337,367 shares of the mining company’s stock valued at $2,395,000 after buying an additional 42,718 shares in the last quarter. Boyer & Corporon Wealth Management LLC increased 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 valued at $1,535,000 after buying an additional 34,245 shares in the last quarter. Dimensional Fund Advisors LP increased 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 valued at $136,638,000 after buying an additional 1,059,791 shares in the last quarter. Finally, I.G. Investment Management LTD. increased 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 valued at $7,640,000 after buying an additional 86,700 shares in the last quarter.

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