Earnings Alerts

Anglo American (AAL) Earnings: Q1 Diamond Production Surpasses Estimates Amid Copper Challenges

  • Anglo American‘s diamond production in the first quarter was 6.08 million carats, exceeding the market estimate of 5.10 million carats.
  • Copper production reached 168,900 tons, slightly below the estimated 171,443 tons.
  • Production of Platinum Group Metals (PGMs) totaled 696,000 ounces, falling short of the expected 740,016 ounces.
  • Strong performance in the Quellaveco and Los Bronces copper operations helped to counterbalance challenges at Collahuasi.
  • Analyst ratings for Anglo American include 10 buy recommendations, 11 hold recommendations, and 1 sell recommendation.

Anglo American on Smartkarma

Analysts on Smartkarma, such as Baptista Research, are closely monitoring Anglo American with a bullish outlook. Baptista Research recently published a report titled “Anglo American: Initiation of Coverage- Copper Production Expansion & Optimization Driving Our Optimism!” The research notes strategic shifts and operational successes in 2024 for Anglo American, though with some mixed results. Safety remains a focal point, with unfortunate fatalities underscoring ongoing challenges. The addition of Anne Wade to the board brings expertise to strategic committees, highlighting the company’s focus on solidifying its leadership.


A look at Anglo American Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts looking at the Smartkarma Smart Scores for Anglo American anticipate a steady long-term outlook for the global mining company. With a Value score of 3, Anglo American is deemed to be fairly valued based on its fundamentals. The Dividend score of 3 suggests a moderate outlook for dividend payments to shareholders. Growth, however, has a lower score of 2, indicating that the company’s expansion prospects may be more subdued. In terms of Resilience, Anglo American scores a solid 3, highlighting its ability to weather economic uncertainties. Meanwhile, Momentum also stands at 3, indicating a stable trajectory for the company’s stock performance.

Overall, Anglo American PLC, with its diverse mining portfolio encompassing various commodities across multiple continents, is positioned amid a mix of outlooks according to the Smartkarma Smart Scores. While the company is viewed as fairly valued and capable of maintaining dividends, its growth potential appears more restrained. Nevertheless, Anglo American‘s resilience and stable momentum suggest a certain level of consistency in navigating the challenges and opportunities within the global mining sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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