AngloGold Ashanti (AU) NewsBite - Higher Gold Lifts AU
Posted: Monday, October 05, 2009 2:54 PM EDT
By: Market Intelligence Center Staff
AngloGold Ashanti (NYSE: AU) opened at $39.28. So far today, the stock has hit a low of $39.00 and a high of $41.44. AU is now trading at $41.38, up $2.58 (6.65%). Over the last 52 weeks the stock has ranged from a low of $13.37 to a high of $45.64. AU shares are higher today, helped by rising gold futures. Technical indicators for the stock are neutral and S&P does not currently have a STARS rating for AU. If you are looking for a hedged play on AU the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 35 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE AngloGold Ashanti (AU) Stock ReportSee what our analysts have uncovered about AngloGold Ashanti (AU).