Barchart.com's Chart of the Day - AngloGold Ashanti
Jim Van Meerten - Barchart.com - Tue Dec 18, 3:51PM CST
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 AU - Anglogold Ashanti Ltd
SymLastChgPct
AU12.51+0.04+0.32%

The Barchart Chart of the Day belongs to the gold mining company AngloGold Ashanti (AU). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then I used the flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 11/21 the stock gained 21.37%.

AngloGold Limited is the largest gold producer at 7 million ounces a year, with reserves of 126 m oz. The company has operations in six countries on three continents, some of which are joint ventures, as well as exploration activities in ten countries. AngloGold can be financially characterized by high cash generation, substantial reinvestment in long-term growth and the payment of significant dividends. The company distinguishes itself from its producer peer group through its active involvement in the development of the gold market, particularly in Asia.

AU

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