AngloGold Ashanti (AU) Shares Rise on Strong Q2 & Analyst Sentiment

Font: Financial Modeling Prep  • Aug 21, 2026

AngloGold Ashanti (NYSE: AU) Shares Rise Amid Positive Analyst Sentiment and Strong Q2 Financial Results

• AngloGold Ashanti (NYSE: AU) shares rose 6.08%, or $6.60, to close at $115.14 on August 20, 2026.
• The gold mining company has an Average Brokerage Recommendation (ABR) of 1.89 on a scale where 1 represents a Strong Buy and 5 represents a Strong Sell, according to Zacks Investment Research.
• AngloGold Ashanti reported Q2 2026 EBITDA of $1.974 billion, free cash flow of $727 million, and net cash of $991 million.

AngloGold Ashanti (NYSE: AU) is a global gold mining company with operations, projects, and exploration activities across several countries. The company is listed on the New York Stock Exchange under the ticker AU.

AngloGold Ashanti shares gained 6.08%, or $6.60, to close at $115.14 on August 20, 2026. The move came amid a broader rise in gold prices and continuing investor focus on the company’s financial performance and analyst outlook.

According to Zacks Investment Research, AngloGold Ashanti has an Average Brokerage Recommendation of 1.89, based on analysts’ recommendations. On Zacks’ scale, 1 represents a Strong Buy and 5 represents a Strong Sell, placing the average recommendation between Strong Buy and Buy. This measure reflects the views of participating brokerage firms and should not be considered a guarantee of future performance.

The company’s Q2 2026 financial results supported the positive sentiment. AngloGold Ashanti reported EBITDA of $1.974 billion, up 46% year over year. Free cash flow rose 36% year over year to $727 million, while the company ended the first half of 2026 with a net cash position of $991 million.

AngloGold Ashanti reaffirmed its full-year 2026 guidance. Management expects production to be weighted toward the second half of the year, and said that higher production volumes should help lower unit costs.

However, Q2 total cash costs rose 21% year over year to $1,480 per ounce, compared with $1,226 per ounce in Q2 2025. The increase reflected macroeconomic pressures, including higher labour and contractor costs, gold-price-linked royalties, fuel costs, and foreign-exchange effects.