FMP
AngloGold Ashanti Surges 6% on Revenue Beat and Strong Gold Output Despite EPS Miss
May 9, 2025 4:35 PM - Davit Kirakosyan
Image credit: FMP
AngloGold Ashanti (NYSE:AU) rose more than 6% intra-day today after the miner reported first-quarter revenue that surpassed expectations, fueled by higher gold production and stronger prices.
The company posted revenue of $1.93 billion, exceeding analyst forecasts of $1.86 billion. Gold production climbed 22% year-over-year to 720,000 ounces, while the average realized gold price surged 39% to $2,874 per ounce.
Despite the revenue strength, earnings per share came in at $0.88, missing estimates by $0.04. Cost pressures were contained, with total cash costs rising 4% to $1,223 per ounce and all-in sustaining costs edging up 1% to $1,640 per ounce.
The company reaffirmed its full-year 2025 guidance, targeting gold production of 2.9–3.225 million ounces at all-in sustaining costs between $1,580 and $1,705 per ounce—maintaining confidence in its operational and financial trajectory for the year.
Other Blogs
Sep 10, 2024 7:33 AM - Parth Sanghvi
Best Alternatives to Yahoo Finance for Downloading Historical Stock Data
When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...
Nov 8, 2024 5:30 AM - Sanzhi Kobzhan
Understanding Equity Valuation: When to Use DCF, DDM, and Price-Income (Multiplicators) Models
When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental Analysis: Principles, Types, and How to Use It
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
