Anglogold Ashanti Limited (AU): Today's Featured Metals & Mining Loser

Anglogold Ashanti ( AU) pushed the Metals & Mining industry lower today making it today's featured Metals & Mining loser. The industry as a whole closed the day down 0.5%. By the end of trading, Anglogold Ashanti fell 54 cents (-1.6%) to $32.17 on average volume. Throughout the day, 1.6 million shares of Anglogold Ashanti exchanged hands as compared to its average daily volume of 2.1 million shares. The stock ranged in price between $31.88-$32.86 after having opened the day at $32.74 as compared to the previous trading day's close of $32.71. Other company's within the Metals & Mining industry that declined today were: AuRico Gold ( AUQ), down 12.2%, China Gengsheng Minerals ( CHGS), down 8.2%, Thompson Creek Metals Company ( TC), down 7%, and Jaguar Mining ( JAG), down 6.5%.

AngloGold Ashanti Limited primarily engages in the exploration and production of gold. It also produces by-products, such as silver, uranium oxide, and sulfuric acid. Anglogold Ashanti has a market cap of $12.52 billion and is part of the basic materials sector. The company has a P/E ratio of 10.3, above the average metals & mining industry P/E ratio of 10.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 23% year to date as of the close of trading on Monday. Currently there is one analyst that rates Anglogold Ashanti a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Anglogold Ashanti as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

On the positive front, Augusta Resource Corporation ( AZC), up 11.4%, Kingold Jewelry ( KGJI), up 6.8%, Timberline Resources Corporation ( TLR), up 4.7%, and Polymet Mining ( PLM), up 4.2%, were all gainers within the metals & mining industry with Teck Resources Ltd Class B ( TCK) being today's featured metals & mining industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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