AngloGold Ashanti digs gold out of the ground in Africa, Australia, and the Americas, then sells it to the market. Think of it as a giant gold-mining machine that turns rock into bars.
Gold sales are the sole revenue source, with annual revenue hitting USD 9.89B in 2025. Gross margin sits at 53.54%, and net margin at 32.19%, showing strong profitability from each ounce sold.
Gold is a commodity, so AngloGold can't differentiate its product, and competitors like Barrick Gold and Newmont can easily match its output. With no unique cost advantage or control over gold prices, the moat is weak.
Hold (sector percentile 62) — value B+, growth B, profitability A, momentum A, revisions D-. Updated daily, sector-relative, identical for every user.

Key events, in time order
Earnings and cash flow rose as stronger gold prices offset inflation, fuel costs and a temporary suspension
Earnings call and multiple reports confirm results; higher gold prices offset costs and temporary suspension
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The post lists $AU as part of the IBD Top 50 Stocks, suggesting it's a recognized growth stock.
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