AngloGold Ashanti Limited (ADR) (NYSE:AU)

CAPS Rating: 2 out of 5

The Company conducts gold-mining operations in Argentina, Australia, Brazil, Ghana, Guinea, Mali, Namibia, South Africa, Tanzania and the United States of America. The Company also produces uranium oxide and sulphuric acid.

Recs

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Player Avatar mitleg (24.40) Submitted: 7/19/2012 9:47:07 AM : Outperform Start Price: $30.86 AU Score: -13.13

I just bought some of this for my real portfolio. It is near it's 52 week low, which seems to be holding. It is priced as if gold is going off a cliff. Gold seems to be in a consolidation phase for the past year. It has decent margins, a dividend, and good roe. It seems like a safe place to wait, for the leg higher.

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