Market Overview

UPDATE: AngloGold Ashanti Swings To Q2 Loss


AngloGold Ashanti (NYSE: AU) posted a loss in the second quarter.

AngloGold Ashanti's revenue for the quarter declined to $1.30 billion, from $1.68 billion, in the year-ago period.

Its operating loss came in at $3.02 billion, versus a year-ago profit of $481 million, while headline earnings fell to $112 million from $323 million.

AngloGold Ashanti's headline EPS dropped to 29 cents from 83 cents.

AngloGold Ashanti shares closed at $12.05 yesterday.

Posted-In: lossEarnings News


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