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JOHANNESBURG (AP) — JOHANNESBURG (AP) — AngloGold Ashanti Limited (AU) on Wednesday reported fourth-quarter profit of $470 million.
The Johannesburg-based company said it had net income of $1.03 per share. Earnings, adjusted for non-recurring gains, were 89 cents per share.
The gold miner posted revenue of $1.75 billion in the period.
For the year, the company reported net income of $1 billion, or $2.33 per share, swinging to a profit in the period. Revenue was reported as $5.79 billion.
AngloGold Ashanti shares have increased 39% since the beginning of the year. The stock has climbed 89% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AU at https://www.zacks.com/ap/AU