
AngloGold Ashanti Reports Strong Q2 2025 Results
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
AngloGold Ashanti PLC is a leading global gold mining company with operations spread across four continents, primarily focused on gold exploration, extraction, and processing. The company is known for its diverse portfolio of high-quality assets and a commitment to sustainable mining practices.
In its latest earnings report for Q2 2025, AngloGold Ashanti demonstrated significant financial growth, driven by increased gold production and effective cost management. The company reported a 149% rise in free cash flow and a 92% reduction in adjusted net debt, reflecting strong operational performance and strategic financial management.
Key highlights from the report include a 21% year-on-year increase in gold production, reaching 804,000 ounces, and a substantial improvement in safety performance. The average gold price received per ounce rose to $3,287, contributing to a 111% increase in adjusted EBITDA to $1.44 billion. The company also declared an interim dividend of 80 US cents per share, showcasing confidence in its financial stability.
Strategically, AngloGold Ashanti continues to optimize its portfolio by disposing of non-core assets and consolidating its position in key regions, such as the Beatty District in Nevada. The inclusion in the Russell US Indexes is expected to enhance liquidity and investor visibility.
Looking ahead, AngloGold Ashanti remains focused on maintaining its production and cost guidance for the full year, with an emphasis on enhancing margins and extending mine lives. The company is well-positioned to continue its growth trajectory, supported by a robust balance sheet and disciplined capital allocation.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
16 minutes ago
- Globe and Mail
Strongest Q2 Production Yet: Continue to Hold ExxonMobil Stock
Last Friday, Exxon Mobil Corporation XOM announced second-quarter 2025 earnings that surpassed expectations. This was fueled by the highest second-quarter production since Exxon and Mobil merged over 25 years ago, thanks to XOM's presence in high-return assets like Permian and offshore Guyana, also contributing to a strong business outlook. Before analyzing the factors driving this positive outlook, let's first review the second-quarter results. XOM's Q2 Earnings Snapshot ExxonMobil reported earnings per share of $1.64 (excluding identified items), which beat the Zacks Consensus Estimate of $1.49. The bottom line declined from the year-ago level of $2.14. Total quarterly revenues of $81.5 billion missed the Zacks Consensus Estimate of $82.8 billion. The top line declined from the year-ago figure of $93.06 billion. Chevron Corporation CVX and BP plc BP are two other prominent integrated energy companies. While CVX has already posted results, BP will report tomorrow. Two Highly Profitable Upstream Assets of ExxonMobil ExxonMobil has a strong presence in offshore Guyana resources and the Permian, the most productive basin in the United States. The integrated energy company announced that it discovered a massive amount of oil—nearly 11 billion barrels—off the coast of Guyana. To put it simply, this is the largest oil discovery anywhere in the world in the last 15 years. In the region, there are three active projects currently for XOM, combinedly producing at a rate of roughly 650,000 barrels per day. XOM expects a total of eight projects in the region to be online by 2030, which will produce a combined 1.7 million barrels of oil equivalent per day (MMBoE/D). In the Permian, the energy giant is employing advanced technology to get much more oil out of each well, thereby improving oil recovery. From the most prolific basin, XOM is expecting to produce 2.3 MMBoE/D by the end of this decade, suggesting a surge from the current 1.6 MMBoE/D. XOM Revises Pioneer Acquisition Synergy Estimates Upward With a strong focus on strengthening its presence in the Permian, ExxonMobil completed the acquisition of Pioneer Natural Resources Company on May 3, 2024. With 1.4 million net acres of the combined company in the Delaware and Midland basins, having an estimated 16 billion barrels of oil equivalent resource, ExxonMobil has greatly transformed its upstream portfolio. The Pioneer Natural acquisition's average annual synergy, which XOM earlier estimated at roughly $2 billion over 10 years, has now been revised upward to more than $3 billion annually. The integrated giant now believes the average number could be even more. How the Diversified Energy Majors CVX, BP Fared in Q2 Chevron reported adjusted second-quarter earnings per share of $1.77, beating the Zacks Consensus Estimate of $1.70. The outperformance stemmed from higher-than-expected production in the company's key upstream segment. However, the bottom line came well below the year-ago adjusted profit of $2.55 due to weaker oil price realizations. CVX generated revenue of $44.8 billion. The sales figure missed the Zacks Consensus Estimate of $47.1 billion and decreased 12.4% year over year. The Zacks Consensus Estimate for BP's earnings is pegged at 68 cents per share, suggesting a year-over-year decline of 32%. Should Investors Bet on XOM Stock Right Away? Despite the positive developments, ExxonMobil has gained only a modest 3.8% year to date, possibly due to intensifying trade tensions, which have made the overall market uncertain. Notably, ExxonMobil admits it's still unsure whether projects like blue hydrogen (a cleaner fuel) and lithium (used in EV batteries) will generate enough profit to be worthwhile. While these are promising long-term opportunities, their high risk and uncertainty may weigh on the stock price. YTD Price Chart Coming to the valuation story, the stock is trading at a 7.12x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes, Depreciation and Amortization (EV/EBITDA), which is at a premium compared with the broader industry average of 4.31x. Thus, considering the uncertainty and expensive valuations, it might not be the right time to bet on the stock. Those who have already invested may retain XOM, which carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BP p.l.c. (BP): Free Stock Analysis Report Chevron Corporation (CVX): Free Stock Analysis Report Exxon Mobil Corporation (XOM): Free Stock Analysis Report


Globe and Mail
16 minutes ago
- Globe and Mail
Is Costco Stock Still the Safest Bet? Data Backs the Defensive Case
At a time when volatility continues to haunt, Costco Wholesale Corporation COST remains a poster child for defensive investing. The company's unique membership-based model and pricing discipline have solidified its position as a resilient force in the retail space. A key indicator of this strength is the 90.2% global membership renewal rate, alongside a 5.2% increase in worldwide shopping traffic during the third quarter of fiscal 2025. Membership revenues continue to be a key pillar for Costco. In the third quarter, income from membership fees increased 10.4% year over year, providing a steady revenue stream in a volatile environment. Paid memberships grew 6.8% to 79.6 million, with renewal rates remaining steady at 92.7% in the United States and Canada. Executive memberships, which now account for 73.1% of total sales, demonstrate member loyalty. Costco's operational agility further bolsters its defensive profile. The company has effectively navigated tariff disruptions and supply-chain constraints by rerouting goods and sourcing more from local suppliers. This flexibility helps contain cost pressures and allows it to offer the best possible prices. For example, by manufacturing or procuring Kirkland Signature items within the countries where they are sold, Costco has reduced shipping expenses and improved price consistency. Kirkland Signature continues to gain traction, with its sales outpacing overall company growth and penetration up 50 basis points year over year. Additionally, initiatives like the 'Buy Now, Pay Later' option and e-commerce expansion reflect Costco's forward-thinking approach, strengthening its defensive appeal in an evolving retail landscape. Costco's Price Performance, Valuation and Estimates Costco, which competes with Dollar General Corporation DG and Target Corporation TGT, has been a standout performer, with shares rallying 18.8% in the past year, outpacing the industry 's growth of 11.9%. Shares of Dollar General and Target have declined 11.7% and 25.5%, respectively, in the aforementioned period. From a valuation standpoint, Costco's forward 12-month price-to-earnings ratio stands at 48.15, higher than the industry's ratio of 31.77. COST carries a Value Score of D. Costco is trading at a premium to Target (with a forward 12-month P/E ratio of 12.70) and Dollar General (17.85). The Zacks Consensus Estimate for Costco's current financial-year sales and earnings per share implies year-over-year growth of 8.1% and 11.6%, respectively. Costco currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report


Globe and Mail
an hour ago
- Globe and Mail
Company News for Aug 4, 2025
Shares of Enbridge Inc. ( ENB ) gained 2% after the company reported second-quarter 2025 earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.41 per share. Dominion Energy, Inc.'s ( D ) shares gained 3.4% after the company reported second-quarter 2025 earnings of $0.75 per share, surpassing the Zacks Consensus Estimate of $0.69 per share. Shares of Kimberly-Clark Corporation ( KMB ) jumped 4.8% after the company reported second-quarter 2025 earnings of $1.92 per share, outpacing the Zacks Consensus Estimate of $1.68 per share. Church & Dwight Co., Inc.'s ( CHD ) shares rose 0.3% after the company reported second-quarter 2025 earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.85 per share. Zacks Names #1 Semiconductor Stock This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kimberly-Clark Corporation (KMB): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report Church & Dwight Co., Inc. (CHD): Free Stock Analysis Report Enbridge Inc (ENB): Free Stock Analysis Report