Is AngloGold Ashanti (AU) Undervalued After The BMO Downgrade And Earnings Miss?

AngloGold Ashanti (NYSE:AU) has come under pressure after a downgrade from BMO Capital, rising crude oil prices, and higher U.S. Treasury yields, with recent quarterly results also missing consensus expectations. For context, AngloGold Ashanti’s share price has pulled back sharply in the short term, with a 7 day share price return of 9.53% and a 30 day share price return of 16.4% in the red, even though the 90 day share price return of 16.99% and year to date gain of 10.55% point to momentum...