Scoopfeeds — Intelligent news, curated.
Here is Why AngloGold Ashanti plc (AU) is Among the 10 Best Gold Mining Stocks to Buy as Central Banks Buy Bullion
business

Here is Why AngloGold Ashanti plc (AU) is Among the 10 Best Gold Mining Stocks to Buy as Central Banks Buy Bullion

Yahoo Finance · May 17, 2026, 7:45 PM · Also reported by 1 other source

Key takeaways

  • Anglo Gold Ashanti plc (NYSE:AU) received a notable analyst upgrade on May 11 when Roth Capital analyst Joe Reagor raised the firm’s price target to $121 from $103 while maintaining a Buy rating on the shares.
  • According to the report, the companies are among the few operators still directly managing mining activities following Ghana’s updated local ownership rules implemented in early 2025.
  • One of the best gold mining stocks to buy, AngloGold Ashanti plc (NYSE:AU), is a global independent gold mining company with a diversified portfolio of operations and development projects across multiple continents.

Here is Why Anglo Gold Ashanti plc (AU) is Among the 10 Best Gold Mining Stocks to Buy as Central Banks Buy Bullion Sajjl Nooranne Mon, May 18, 2026 at 2:45 AM GMT+7 2 min read GC=F AU NEM With an impressive short percentage of shares outstanding of 0.73%, Anglo Gold Ashanti plc (NYSE:AU) is among the 10 Best Gold Mining Stocks to Buy as Central Banks Buy Bullion.

Anglo Gold Ashanti plc (NYSE:AU) received a notable analyst upgrade on May 11 when Roth Capital analyst Joe Reagor raised the firm’s price target to $121 from $103 while maintaining a Buy rating on the shares. The analyst stated that although first-quarter results were somewhat mixed relative to expectations, the impact on valuation was limited, and the higher target primarily reflected the recent rebound in gold prices, which continues to strengthen profitability prospects across the gold mining industry.

Earlier, on April 22, Reuters reported that Ghana’s mining regulator had given AngloGold Ashanti plc (NYSE:AU), Newmont, and Zijin until December 2026 to transition mining operations to local contractors or potentially face sanctions. According to the report, the companies are among the few operators still directly managing mining activities following Ghana’s updated local ownership rules implemented in early 2025. The regulatory shift could require operational adjustments across affected mining assets while increasing local participation in the country’s mining sector.

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop