NEW YORK ( TheStreet) -- Anglogold Ashanti (NYSE: AU) hit a new 52-week low Friday as it is currently trading at $12.77, below its previous 52-week low of $13.08 with 1.6 million shares traded as of 9:56 a.m. ET. Average volume has been 3.6 million shares over the past 30 days. Anglogold Ashanti has a market cap of $5.55 billion and is part of the basic materials sector and metals & mining industry. Shares are down 55.8% year to date as of the close of trading on Wednesday. AngloGold Ashanti Limited engages in the exploration, production, and marketing of gold. It also produces by-products, such as silver, uranium, and sulfuric acid.