AngloGold Ashanti reports Q1 adjusted EBITDA $1.120B vs 434M last year
Q1 Financial Performance: The company reported a Q1 cash flow of $403M, marking a 607% increase from $57M last year, driven by a 28% rise in gold production and higher average gold prices.
Operational Highlights: The growth was supported by contributions from the newly acquired Sukari Gold Mine and improvements at existing operations, with CEO Alberto Calderon emphasizing effective cost control amidst inflation.
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- Market Opening: U.S. stock markets are set to open in two hours.
- Aura Minerals Inc. Performance: Aura Minerals Inc. (AUGO) saw a 9.6% increase in pre-market trading.
- Cipher Digital Inc. Performance: Cipher Digital Inc. (CIFR) experienced an 8.5% rise in pre-market trading.
- Overall Market Sentiment: The pre-market gains indicate positive sentiment among investors for these companies.

Newmont's Performance: Newmont's stock has increased by 5.8%.
Sibanye Stillwater's Growth: Sibanye Stillwater's shares have risen by 5.7%.
Barrick Mining's Increase: Barrick Mining's stock has gone up by 4.9%.
Harmony Gold's Gains: Harmony Gold has experienced a 6.2% increase in its stock value.
Gold Miners' Shares Rise: Shares of gold mining companies have increased in value, reflecting positive market sentiment.
Gold Prices Gain: The price of gold has risen by 2%, contributing to the overall increase in gold miners' shares.
- Portfolio Rebalancing: Amid recent market volatility, Inside Edge Capital executed three portfolio adjustments, reallocating 2% to the short-term Treasury ETF (BIL) and 5% to the inverse Nasdaq ETF (PSQ) to mitigate potential downside risks.
- Gold Holdings Reduction: Despite heightened tensions in the Middle East typically driving gold demand, Inside Edge Capital has cut its positions in Anglogold Ashanti PLC and Agnico Eagle Mines Ltd within its Strategic Income & Growth portfolio, reflecting a cautious outlook on gold due to rising real interest rates and a strengthening dollar.
- Emerging Markets Exposure Cut: In response to increasing global risk aversion, Inside Edge Capital has reduced its investments in emerging markets, notably cutting its position in Kinross Gold Corp within its more aggressive Tactical Alpha Growth portfolio, indicating diminished confidence in these markets.
- Market Liquidity Shifts: As U.S. interest rates rise and the dollar strengthens, demand for liquidity in emerging markets has decreased, leading to a flow of funds back to the U.S., with Inside Edge Capital suggesting a potential reassessment of investments related to artificial intelligence in the future.






