Why AngloGold Ashanti Stock Sizzled in January
AngloGold Ashanti (NYSE: AU) stock is crushing the S 500. Shares of the gold miner zoomed 30.9% in the month of January alone, according to data provided by S&P Global Market Intelligence, and are inching even higher this month. The gold stock is now up a solid 38% in 2025, as of this writing.
AngloGold's earnings are just around the corner, and expectations are high given the miner's recent acquisition of Centamin and its prized Sukari gold mine in Egypt. However, something else is sending the gold stock to the skies now.
Sukari is one of the largest gold mines in the world. With its acquisition in November 2024, AngloGold expanded its footprint into Egypt and now operates across four continents, with assets in some of the world's top gold-producing regions.
Source Fool.com
