AU

AngloGold Ashanti fell 1.88% on October 23, 2026, underperforming the S&P 500's 0.52% decline. The stock has lost 13.5% over the past month, lagging the Basic Materials sector. Despite strong earnings expectations (39.39% YoY growth) and revenue forecasts (28.36% increase), the company holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 10.41, trading at a discount to its industry average.

FXZ is a smart beta ETF launched in 2007 that tracks the StrataQuant Materials Index with $371.33 million in assets. The fund has gained 20.02% year-to-date and 28.88% over the past year, with an expense ratio of 0.64% and a 1.34% dividend yield.

It holds approximately 40 stocks with heavy exposure to the Materials sector (85.9%), with top holdings including Newmont Corporation, Anglogold Ashanti, and Coeur Mining. The fund carries medium risk with a beta of 1.07 and is presented as a reasonable option for investors seeking to outperform the Materials ETF segment.

AngloGold Ashanti (AU) closed at $91.52, down 1.4%, underperforming the S&P 500's 0.41% gain. The stock has declined 10.14% over the past month.

However, the company is expected to report strong earnings growth of 39.39% EPS and 28.36% revenue growth for the upcoming quarter, with full-year estimates showing 52.33% earnings growth. AU holds a Zacks Rank #3 (Hold) with a Forward P/E of 11.35, trading at a slight discount to its industry average.

The First Trust Materials AlphaDEX ETF (FXZ) is a passively managed fund providing broad exposure to the Materials sector with $372 million in assets. It has delivered 20.42% year-to-date returns and 27.69% over the past year, with a 0.64% expense ratio.

The fund holds about 40 stocks with 85.9% allocation to Materials, led by holdings in Newmont Corporation, Anglogold Ashanti, and Coeur Mining. It carries a Zacks ETF Rank of 3 (Hold) and is considered a medium-risk option with a beta of 1.07.

AngloGold Ashanti declined 1.92% on October 13, 2026, underperforming the S&P 500. The stock has lost 7.01% over the past month, lagging its sector.

Despite strong earnings expectations (EPS up 39.39% YoY, revenue up 28.36% YoY), the company holds a Zacks Rank #3 (Hold) with a Forward P/E of 11.46, trading at a discount to its industry average. The Mining-Gold industry ranks in the bottom 15% of all industries.

Fredonia Mining Inc. has filed a technical report supporting its preliminary economic assessment for the El Dorado Monserrat gold & silver project in Argentina. The PEA, disclosed on August 31, 2026, highlights 146,000 oz AuEq annual production, US$1.49 billion NPV10, and 65% IRR. The company holds approximately 64,000 hectares in the Deseado Massif region, with its flagship EDM project located near AngloGold Ashanti's Cerro Vanguardia mine.

AngloGold Ashanti (AU) closed down 3.76% on October 7, 2026, underperforming the S&P 500's 0.22% loss. The stock has declined 13.24% over the past month, significantly worse than the Basic Materials sector's 6.74% loss. Despite strong earnings growth projections (39.39% EPS growth and 28.36% revenue growth for the upcoming quarter), the company holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 11.47, trading at a slight discount to its industry average.

AngloGold Ashanti gained 2% on September 29, 2026, outperforming a declining market. The gold miner is expected to report strong earnings growth of 39.39% YoY with revenue rising 28.36%. However, the stock has fallen 17.41% over the past month and carries a Zacks Rank #3 (Hold) rating, trading at a Forward P/E of 11.37, below its industry average.

SSR Mining has agreed to acquire Roxmore Resources and its Converse Gold Project, located near its Marigold Complex in Nevada. The project is expected to produce 150,000-170,000 ounces of gold annually starting in 2033, with a mine life exceeding 10 years. This acquisition will help SSRM achieve its target of 350,000-400,000 ounces of annual U.S. production through 2042, generating over $200 million in synergies.

Wheaton Precious Metals (WPM) expects production to increase 50% to 1.2 million gold-equivalent ounces by 2030, driven by development assets including Koné, Fenix, Platreef, Mineral Park, Kurmuk, and El Domo projects. Several projects are targeting Q4 2026 milestones. WPM shares have outperformed the industry with 26.7% gains over the past year, though the stock trades at a premium valuation of 29.80X forward P/E compared to the industry average of 15.29X.

SSR Mining (SSRM) is advancing growth projects at its Puna operations in Argentina, including the Chinchillas laybacks, Melina, and Cortaderas projects to extend mine life. Despite lower first-half 2026 silver production of 3.4M ounces, the company expects 6.25-7M ounces in H2 2026 and maintains full-year guidance of 450,000-535,000 GEOs, representing 10% year-over-year improvement. However, inflationary pressures are pushing AISC toward the top of guidance at $20-$22 per ounce.