Loading page content
Rank #12 · NYSE:AU
Senior Producer · Primary: Gold
South Africa · Jurisdictions: Ghana, DRC, Tanzania, Brazil, Australia
Canonical listing price
$94.16
+3.72%(+3.38 USD)
Updated 10/9/2026, 1:30:00 PM
Price data: Twelve Data
Gold · Senior Producer
vs Gold
1M -5.5 pp·3M +23.0 pp
vs GDX
1M -2.3 pp·3M -3.6 pp
1M vs Gold Miners group: -2.2 pp
Jurisdiction: Ghana, DRC, Tanzania, Brazil, Australia · Market cap rank-only (licensing)
Close-based returns and relative performance in percentage points vs mapped metal/ETF. Not a buy/sell signal or price target.
Next report
Reporting calendar →FY2026 · Expected window 2029-02-24 → 2029-04-25
Expected window 2029-02-24 → 2029-04-25 (FY2026).
Valuation
Current market multiples relative to reported TTM financials. Peer context uses the Mining 50 Gold · Senior Producer group. Not fair value, price targets, or investment advice.
Historical Valuation
Point-in-time multiples at annual filing dates using prices and financials publicly available as of each date. Percentiles and medians use available history only — descriptive context, not fair value or investment advice.
P/FCF
EV/FCF
Historical chart
Each point is a filing-date snapshot — not a continuous daily valuation series.
Filing-date periodic snapshots · 5 observations · price source: Twelve Data
MINING50-HISTORICAL-VALUATION-1.0 · filing-date periodic
Balance Sheet & Capital Allocation
Annual FY trends from certified filing data. Descriptive direction and magnitude only — not a quality score or investment recommendation.
Cash
$2.90B
+$1.48B YoY (+103.9%)
Debt
$2.04B
+$60.00M YoY (+3.0%)
Net Debt
Net Cash: $861.00M
Moved from $559.00M net debt to $861.00M net cash.
Share Count
505.0M
+1.5M shares YoY (+0.3%)
Capex / Revenue
14.6%
Prior year: 18.8%
FCF Conversion
69.7%
Prior year: 44.6%
FCF (FY)
$3.33B
+$2.46B YoY (+279.8%)
Cash Build
Cash increased $1.48B (+103.9%) versus the prior year.
2024-12-31 → 2025-12-31
Higher Capex
Capital expenditures increased from $1.09B to $1.45B.
2024-12-31 → 2025-12-31
Operating Performance
Annual FY revenue, cash flow, capex, and margins from certified filing data. Descriptive trends only — not a quality score or investment recommendation.
Revenue
$9.89B
+$4.10B YoY (+70.8%)
Operating Cash Flow
$4.78B
+$2.82B YoY (+143.1%)
Free Cash Flow
$3.33B
+$2.46B YoY (+279.8%)
Capex
$1.45B
+$359.00M YoY (+32.9%)
3-year revenue change: +119.8% over 3 years
OCF Margin
48.4%
Prior year: 34.0%
Change: +14.4 pp
FCF Margin
33.7%
Prior year: 15.2%
Change: +18.6 pp
Capex / Revenue
14.6%
Prior year: 18.8%
Revenue Increase
Revenue increased 70.8% versus the prior comparable period.
2024-12-31 → 2025-12-31
Operating Cash Flow Increase
Operating cash flow increased $2.82B (+143.1%) versus the prior comparable period.
2024-12-31 → 2025-12-31
Free Cash Flow Increase
Free cash flow increased $2.46B (+279.8%) versus the prior comparable period.
2024-12-31 → 2025-12-31
Higher Capital Spending
Capital expenditures increased from $1.09B to $1.45B.
2024-12-31 → 2025-12-31
OCF Margin Increase
Operating cash flow margin moved from 34.0% to 48.4% (+14.4 pp).
2024-12-31 → 2025-12-31
Fundamental Changes
Deterministic changes from certified financial metrics. Descriptive only — not a quality score or investment recommendation.
Latest filing period: 8 material changes · 14 operating · 12 balance-sheet · 2 capital-allocation
FY2025 · Filed Mar 26, 2026
Cash Build
Cash increased $1.48B (+103.9%) versus the prior year.
Official filing sourceRevenue Increase
Revenue increased 70.8% versus the prior comparable period.
Official filing sourceOperating Cash Flow Increase
Operating cash flow increased $2.82B (+143.1%) versus the prior comparable period.
Official filing sourceFree Cash Flow Increase
Free cash flow increased $2.46B (+279.8%) versus the prior comparable period.
Official filing sourceOCF Margin Increase
Operating cash flow margin moved from 34.0% to 48.4% (+14.4 pp).
Official filing sourceFCF Margin Increase
Free cash flow margin moved from 15.2% to 33.7% (+18.6 pp).
Official filing sourceMoved to Net Cash
The company moved from $559.00M of net debt to $861.00M of net cash.
Official filing sourceHigher Capex
Capital expenditures increased from $1.09B to $1.45B.
Official filing sourceModules: mtf-trend, momentum, relative-strength · Last calculated: 10/12/2026, 10:41:10 AM
Price data provided by Twelve Data. Charts provided by TradingView. Grey Rabbit Scores and analysis are proprietary to Grey Rabbit Markets.
Gold · Senior Producer · factual only
| Company | Market Cap | Production | AISC | Net Debt / Cash |
|---|---|---|---|---|
| AngloGold Ashanti plc(AU) | $39.55B | 2.65 Moz | $1,500/oz | $700.00M |
| Agnico Eagle Mines Limited(AEM) | — | 3.45 Moz | $1,200/oz | $800.00M |
| Barrick Mining Corporation(GOLD) | — | 4.05 Moz | $1,350/oz | $1.20B |
| Gold Fields Limited(GFI) | — | 2.30 Moz | $1,550/oz | $900.00M |
| Newmont Corporation(NEM) | — | 5.26 Moz | $1,358/oz | $2.53B |
Sorted by market cap then name — not a ranking. Comparable curated fields only.
Multi-period filing history is available on Pro. Latest TTM P&L above is public.
Derived: eligible price × ADR-aware shares · AngloGold Ashanti plc · Derived: Debt − Cash · Through 2026-02-19 · Coverage 7/8 key fields · not live filing scrape · Filing-backed TTM P&L from SEC companyfacts (cached — not live scrape)
Periods: Q4 2025 · FY 2026 Guidance · FY 2025 · YE 2025 · 2025-12-31
MINING50-MARKETCAP-1.0 · MINING50-NETDEBT-1.0 · MINING50-TTM-1.0 · MINING50-FCF-1.0 · MINING50-FCF-MARGIN-1.0
Grey Rabbit Markets provides independent market research and educational content. Nothing on this website constitutes investment, legal, tax, or financial advice. Past performance does not guarantee future results.