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AngloGold Ashanti Trading Cheaper Than Industry: Buy the Stock?

AngloGold Ashanti PLC (AU) stock is trading at a forward price/earnings of 11.42X, a roughly 16% discount to the Zacks Mining – Gold industry’s average of 14.27X. It also has a Value Score of B. Image Source: Zacks Investment ResearchThe stock also remains attractively priced compared with peers such as Newmont Corporation (NEM) , Agnico Eagle Mines Limited (AEM) and Kinross Gold Corporation (KGC) .AU’s Valuation Vs. NEM, AEM & KGCImage Source: Zacks Investment ResearchIs AU a smart buy based on its current ...