Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: AngloGold Ashanti (AU) - AngloGold Ashanti currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3][4]. - The stock has shown significant price appreciation, with a 34.85% increase over the past quarter and a 46.43% gain over the last year, compared to the S&P 500's -6.51% and 10.78% respectively [7]. Performance Metrics - Over the past week, AU shares increased by 2.38%, while the Zacks Mining - Gold industry rose by 3.64%. The monthly price change for AU is 0.12%, compared to the industry's 4.82% [6]. - The average 20-day trading volume for AU is 2,505,877 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, one earnings estimate for AU has increased, raising the consensus estimate from $3.07 to $3.83 for the full year, with no downward revisions noted [10]. - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment regarding future earnings [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, AU is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 1 (Strong Buy) [12].

Market Overview - Major indexes experienced a significant decline, with the Dow down -4% over the past five trading days, shedding -537 points (-1.3%) today, the S&P 500 down -77 points (-1.4%), the Nasdaq down -345 points (-2%), and the Russell 2000 down -32 points (-1.6%) [1] - The first full month of the second Trump administration has been challenging for the markets, with the Dow down -8.7%, the S&P 500 down -9.7%, the Nasdaq down -13.3%, and the Russell 2000 down -12.6% [2] Tariff Impact - President Trump's announcement of potential +200% tariffs on alcoholic beverages from the EU triggered a market decline, with the Dow reaching session lows down -600 points before a brief recovery [3] Gold Market - Gold futures rose +1.7%, nearing $3000 per ounce, indicating its role as a hedge against the declining stock market. Gold mining stocks Anglogold (AU) and DRDGOLD (DRD) saw increases of +2.5% and +2% respectively [4] Company Earnings Reports - DocuSign (DOCU) reported Q4 earnings of 86 cents per share, beating estimates by 2 cents, with revenues of $776.3 million surpassing the $760 million estimate, marking an 8% year-over-year revenue growth [5] - Ulta Beauty (ULTA) exceeded earnings expectations with $8.46 per share compared to the forecast of $7.10, and revenues of $3.49 billion. However, comparable sales increased only +1.5%, and the full-year earnings guidance was lowered [6]

Core Viewpoint - G2 Goldfields Inc. has appointed Jacqueline Wagenaar as VP of Investor Relations and promoted Roopesh Sukhu to VP of Business Development - Guyana, aiming to enhance its capital markets strategy and regional growth initiatives, respectively [1][2][5]. Company Appointments - Jacqueline Wagenaar will lead the capital markets program and the proposed spin-out of G3 Goldfields Inc., which includes G2's interest in non-core assets [2][5]. - Roopesh Sukhu will focus on regional growth through land identification, acquisitions, and partnerships, while also managing tenement and government relations [2][4]. Executive Backgrounds - Jacqueline Wagenaar has over 17 years of capital markets experience, previously leading successful investor relations at Solaris Resources Inc. and Guyana Goldfields Inc. [3]. - Roopesh Sukhu, with over 15 years in mining exploration and resource modeling, has been with G2 since April 2022 and has played a key role in exploration activities [4]. Strategic Initiatives - The proposed spin-out of G3 Goldfields Inc. was approved at the annual general meeting and is expected to be completed in Q1 2025, pending regulatory approvals [5]. - The spin-out aims to unlock value from non-core assets and is part of G2's broader corporate strategy [2][5]. Financial Position - G2 Goldfields currently holds cash exceeding C$37 million, positioning the company well for its regional exploration program [9]. Mineral Resource Estimates - An updated mineral resource estimate for the Oko property indicates significant potential, with resources lying within 500 meters of the surface [7][8]. - The Oko Main Zone has an inferred resource of 495,000 ounces of gold at a grade of 6.38 g/t and an indicated resource of 686,000 ounces at 9.03 g/t [14].

Group 1 - AngloGold Ashanti closed at $33.24, with a +0.24% change from the previous day, underperforming the S&P 500 which gained 1.04% [1] - The stock has increased by 22% over the past month, outperforming the Basic Materials sector's gain of 7.68% and the S&P 500's gain of 3.92% [1] - The investment community is closely monitoring the upcoming earnings performance of AngloGold Ashanti, with recent analyst estimate revisions indicating positive sentiment [2] Group 2 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown a strong track record, with 1 rated stocks averaging a +25% annual return since 1988 [4] - AngloGold Ashanti currently holds a Zacks Rank of 1 (Strong Buy), with a consensus EPS projection that has increased by 24.96% in the last 30 days [4] - The company is trading at a Forward P/E ratio of 8.66, which is below the industry average of 11.92, indicating it is undervalued compared to its peers [5] Group 3 - The Mining - Gold industry, which includes AngloGold Ashanti, has a Zacks Industry Rank of 83, placing it in the top 34% of over 250 industries [5] - Research indicates that industries in the top 50% of the Zacks Industry Rank outperform those in the bottom half by a factor of 2 to 1 [6]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Gold had an excellent 2024 and outperformed the broader stock market. In what was its biggest annual jump in 14 years, the price of bullion shot up more than 27% in the calendar year compared with the S&P 500’s 23% growth. In fact, the precious metal grew more than 30% in the year before correcting a bit as a fallout of the U.S. elections.Historically, gold has rallied when bonds become less attractive. This is because higher interest rates increase the burden on holding gold as it does not pay a yield. Hen ...

AngloGold Ashanti plc (AU) is cashing in on record gold prices. This Zacks Rank #1 (Strong Buy) is expected to see earnings rise 36.5% in 2025 after a big year in 2024.AngloGold Ashanti is a large cap gold mining company. Headquartered in Denver, it is registered in England and Wales. It has operations, projects, and explorations in 11 countries across 4 continents including Tanzania, the DRC, Ghana, Guinea, Egypt, Cote d'Ivoire, Australia, the United States, Brazil, Argentina, and Colombia.In Nov 2024, it ...

TORONTO, Jan. 28, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ("G2" or the "Company") (TSX:GTWO, OTCQX:GUYGF) is pleased to announce that at its annual general and special meeting of shareholders (the "Meeting") held earlier today, the Company's shareholders approved the annual general matters as well as the matters relating to the proposed spin-out of G2's interest in certain non-core assets into a wholly owned subsidiary of G2, G3 Goldfields Inc. ("G3"), through a plan of arrangement under the Canada Busi ...

Core Viewpoint - AngloGold Ashanti (AU) shows potential for significant upside, with a mean price target of $32 indicating a 25.8% increase from the current price of $25.44 [1] Price Targets - The average price targets from analysts range from a low of $30 to a high of $34, with a standard deviation of $1.63, suggesting a relatively tight clustering of estimates [2][7] - The lowest estimate indicates a 17.9% increase, while the highest suggests a 33.7% upside [2] Analyst Sentiment - Analysts are optimistic about AU's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which have increased by 11.7% over the last 30 days [10][9] - AU holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] Caution on Price Targets - While price targets are a common tool for investors, they can often mislead, as empirical research shows they rarely indicate actual stock price movements [5][6][8] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [6] Conclusion - Despite the skepticism surrounding price targets, the direction implied by the consensus and the strong agreement among analysts regarding earnings revisions suggest a potential upside for AU [12][9]

Their foundational asset wasn't looking like such a precious metal on Monday.Since mankind discovered gold, it has been irresistibly drawn to the lure of the pretty material. Yet that sure wasn't much in evidence on Monday, as the price of the precious metal swooned, followed by those of gold stocks. A great many titles in the sector posted uncomfortable price declines across the day's trading session. When the market closed, Gold Fields (GFI -8.42%) and Iamgold (IAG -8.26%) had both fallen by more than 8%. ...