Stock Price & Analysis

Based on the latest market data and analyst insights, AU stock appears overbought with an RSI of 80 and is trading near its recent highs, suggesting caution for new buyers at current levels despite positive analyst ratings from JP Morgan and RBC Capital.

Based on technical analysis and recent market data, AU stock is projected to reach $36.74 by mid-2025, supported by strong RSI of 80 indicating robust momentum and positive analyst sentiment. The stock's Fibonacci resistance levels show potential upside with R3 at $36.74, while maintaining solid support at $32.95 (R1). Recent stock performance showing a 21% gain and JPMorgan's continued Overweight rating, despite some target adjustments, further supports this bullish outlook.

The S1 support level for AU Stock is $29.89 ,The R1 resistant level for AU Stock is $33.3.

As of the end of day on 2025-02-13, the price of AU Stock was $33.24.

The target price for AU Stock according to analyst rating is 31.33, with the highest price target at 32.00 and the lowest at 30.00. Analysts have a Moderate Buy rating on AU Stock overall.

The market cap of AU is $16.7B.

Based on the provided data and recent market activity, here's a comprehensive analysis of whether AU is overvalued:

Technical Analysis

The stock shows significant overbought conditions with an RSI of 78.3, indicating potential short-term correction risks. AU has surged approximately 21% in recent trading sessions, reaching near its technical resistance levels.

Valuation Analysis

The stock's recent price surge to $33.60 appears stretched compared to analyst consensus target price of $32.50, suggesting limited upside potential from current levels.

Market Sentiment

Recent momentum has been driven by strong gold prices and central bank buying, with Goldman Sachs projecting gold prices to reach $3,000/oz by end of 2025. However, the current technical indicators and valuation metrics suggest AU is trading at premium levels.

Conclusion

Based on the overbought RSI readings, recent price surge, and current trading above analyst consensus targets, AU appears overvalued at current levels and may face near-term correction risks.

Anglogold Ashanti PLC is a United Kingdom-based independent, global gold mining company. The Company is focused on a diverse portfolio of operations, projects and exploration activities across nine countries on four continents. The Company also produces silver (Argentina) and Sulfuric acid (Brazil) as by-products. The Company’s portfolio includes Africa, the Americas, and Australia. The Company’s operations include Kibali, managed by Barrick Gold Corporation, Ghana (Iduapriem and Obuasi), Guinea (Siguiri), Tanzania (Geita) and the DRC (Kibali). The Americas hosts three of the Company’s operations, one in Argentina and two in Brazil, as well as two greenfield projects in Colombia and a new greenfield development in Nevada in the United States. Australia hosts two of the Company’s operations, which are Sunrise Dam and Tropicana, both in the north-eastern goldfields in the state of Western Australia. The Company is also advancing exploration activities in the Oko project in Guyana.

Based on the technical indicators and market data, AU stock is projected to reach $45-48 by 2030, driven by strong gold market fundamentals and the company's operational improvements in key mining regions. The RSI currently at 80.00 indicates an overbought condition, suggesting potential near-term price consolidation before continuing its upward trajectory. The positive MACD of 1.80 and strong support at the fibonacci level of $28.27 provide a solid foundation for long-term growth.

AU has a total of 32594 employees.