Anglo American Platinum Price, Forecast, Insider, Ratings, Fundamentals & Signals

Anglo American Platinum is the world's biggest producer of PG Metals and is vertically integrated. The sector has suffered a correction due to a weaker rebound of thermal cars requiring auto-catalysts and an increasing penetration of EVs. The solid balance sheet and the cost-cutting program give sufficient safety to navigate in this difficult period.

Anglo American Platinum Limited (OTCPK:ANGPY) Q4 2024 Results Conference Call February 19, 2024 4:00 AM ET

Numerous high-quality dividend opportunities are up for grabs at the moment, which may be appealing to some investors given the uncertainty embedded in today's market environment. Furthermore, many investors might fancy dividend stocks in the current market climate due to the lackluster performance of fixed-income securities.

Anglo American Platinum Limited's latest quarterly production report revealed glitches in short-term production, leading to a sharp drawdown of its stock. Infrastructure issues relating to water stoppages impacted the company's refinery operations in Rustenburg. The weak price environment for platinum group metals poses a challenge for Anglo American Platinum, but a technical price recovery isn't out of the equation.

Bank of America delivered a contrarian statement on Wednesday, saying it anticipates stocks to outperform bonds in the coming quarters. Moreover, the bank says it prefers cyclical assets over defensive ones, with financial, basic materials and energy stocks at the core of the banking giant's watchlist.

(Kitco News) - Anglo American Platinum (JSE: AMS), a member of the Anglo American Group, reported today that its earnings for the six months ended 30 June 2023 (H1 2023) have decreased largely due to a decline in revenue as a result of the lower average PGM basket price relative to the corresponding six months in 2022.

Anglo American Platinum Limited (OTCPK:ANGPY) Q4 2022 Earnings Conference Call February 20, 2023 4:00 AM ET Company Participants Emma Chapman - Head IR Natascha Viljoen - Chief Executive Officer Craig Miller - Finance Director Conference Call Participants Christopher Nicholson - RMB Morgan Stanley Gerhard Engelbrecht - Absa CIB Global Markets Steve Friedman - UBS Adrian Hammond - SBG Securities Richard Hatch - Berenberg Myles Allsop - UBS Emma Chapman Good morning, everybody, and thank you for joining us today at Anglo American Platinum's 2022 Annual Results Presentation. I would like to draw your attention very quickly to the cautionary statement, and we will really appreciate it if you could read this in your own time and take the points on board.

(Kitco News) - Amplats said that its 2022 headline earnings were R49 billion (~US$2.7 billion), down 38% compared to 2021 (headline earnings of R79 billion or ~US$4.4 billion).

Anglo American Platinum could recover in 2023 after losing a substantial portion of its market value in this year's bear market. The company's low-cost model is a significant advantage, with its Mogalakwena open-cast mine presenting it with pricing advantages.

(Kitco News) - Anglo American Platinum (AAP), a member of the Anglo American plc Group, reported today that its PGM metal-in-concentrate and refined production for 2022 expected to be within guidance.