Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Anglo American Plc LSE:AAL London Ordinary Share GB00B1XZS820 ORD USD0.54945
  Price Change % Change Share Price Shares Traded Last Trade
  13.80 0.76% 1,833.60 3,120,871 16:35:23
Bid Price Offer Price High Price Low Price Open Price
1,833.20 1,834.00 1,848.40 1,800.00 1,834.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 22,523.00 4,747.40 207.36 8.5 24,994
Last Trade Time Trade Type Trade Size Trade Price Currency
17:47:26 O 1,741 1,833.178 GBX

Anglo American (AAL) Latest News

More Anglo American News
Anglo American Takeover Rumours

Anglo American (AAL) Discussions and Chat

Anglo American Forums and Chat

Date Time Title Posts
26/9/202008:51ANGLO AMERICAN - AAL6,713
19/9/201815:34Angle American-
25/7/201820:52Anglo American (AAL) One to Watch on Thursday -
20/9/201621:13Analysts' Perspective on Anglo American (AAL)-
25/4/201608:49TipTV: Anglo American still in 200 day MA break decline251

Add a New Thread

Anglo American (AAL) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Anglo American trades in real-time

Anglo American (AAL) Top Chat Posts

DateSubject
26/9/2020
09:20
Anglo American Daily Update: Anglo American Plc is listed in the Mining sector of the London Stock Exchange with ticker AAL. The last closing price for Anglo American was 1,819.80p.
Anglo American Plc has a 4 week average price of 1,758.40p and a 12 week average price of 1,758.40p.
The 1 year high share price is 2,266p while the 1 year low share price is currently 1,018.20p.
There are currently 1,363,118,080 shares in issue and the average daily traded volume is 3,441,339 shares. The market capitalisation of Anglo American Plc is £24,994,133,114.88.
04/3/2020
12:10
sarkasm: An overview of Anglo American’s deal to take over Sirius Minerals Features & AnalysisMiningProject By James Murray 04 Mar 2020 Sirius Minerals operates the Woodsmith Mine, which is the largest mining project in the UK and has deep deposits of polyhalite Anglo American Sirius Minerals London-listed Sirius owns the £3.2bn ($4.19bn) project under the subsidiary trading name of York Potash (Credit: Sirius Minerals) Anglo American has agreed a £405m ($527m) deal to take over Sirius Minerals – in a move that looks set to launch the UK’s first deep mine in 40 years. Sirius Minerals operates the Woodsmith Mine, which is the largest mining project in Britain and has deep deposits of polyhalite – primarily used as a fertiliser. But the project near Whitby in North Yorkshire, England, has thrown the miner into financial problems after it struggled to raise the necessary funds to complete the mine. Anglo’s deal will rescue the company from potential administration and ensure Sirius’ shareholders recoup at least some of their investment – while creating 1,000 jobs once the mine opens. Some shareholders previously aired concerns that the proposal undervalued the company, but the deal will now go ahead after they gave approval on 3 March. What is the Woodsmith Mine project Anglo American is looking to purchase from Sirius Minerals? London-listed Sirius owns the £3.2bn ($4.19bn) project under the subsidiary trading name of York Potash. The Woodsmith project is considered to be the world’s largest-known deposit of high-grade polyhalite – a mineral used in fertiliser, although it’s currently lacking the same investor appeal as the more commercially-viable potash. Plans for two 1.5km shafts at the operation and extensive underground tunnel shafts would make it the first deep pit mine to be built in the UK for several decades, and one of the biggest. Under previous guidelines, Sirius anticipated the mine would reach a production capacity of 13 million tonnes (Mt) a year by 2026 and 20Mt by 2029 – creating 4500 direct and indirect jobs. It has proven and probable ore reserves of 280Mt, with estimated resources of 2.66 billion tonnes. Sirius has already pumped more than $1bn into the Woodsmith Mine, but Anglo believes a further $3bn to $4bn will be required to bring it forward to the operations stage. The firm was forced to bring forward a review last September after failing to complete a bond issue required to unlock a $2.5bn lifeline package from American investment bank JPMorgan Chase – which meant Sirius had to accept Anglo’s offer. Anglo American’s offer to purchase Sirius Minerals The deal will mark Anglo’s return to the fertiliser mineral market, having offloaded its previous assets in the sector in 2016. The acquisition offer values Sirius at 5.5 pence ($0.07) per share – representing a premium of 34.1% to the share price at the close of play on 7 January, when the two parties made the initial agreement. anglo american sirius takeover Sirius Minerals’ Woodsmith polyhalite mine in North Yorkshire, UK (Credit: Sirius Minerals) Anglo’s CEO Mark Cutifani said in January the UK-based mining giant’s offer would provide certainty to Sirius’ shareholders and employees, while bringing the North Yorkshire polyhalite project’s potential “closer to reality”. He added: “We intend to bring Anglo American’s financial, technical and product marketing resources and capabilities to the development of the project, which of course would be expected to unlock a significant and sustained associated employment and economic stimulus for the local area. “The addition of the project supports our ongoing transition towards supplying those essential metals and minerals that will meet the world’s evolving needs – in terms of the undoubted need for cleaner energy and transport, and providing infrastructure and food for the world’s fast-growing and urbanising population.” Why Sirius Minerals’ shareholders believe Anglo American’s offer is a “mockery”; Odey Asset Management, a London-based hedge fund that owns a 1.29% economic in Sirius, said the 5.5 pence per share offer was not satisfactory and seems “to make a mockery of both internal and external audits at Sirius”. In an open letter on 18 February, Odey claimed Anglo could afford to pay more without damaging its investment case and added it would only vote in favour of a bid at 7 pence per share or more. It highlighted Sirius’ most recent accounts in September show an equity value of £893.1m ($1.15bn) – about 120% above Anglo’s $527m offer. But Sirius, which is set to run out of money by the end of March, has said the deal is the best option available to its investors. Sirius shareholders back Anglo American’s offer following the special meeting The deal needed to receive the go-ahead from 75% of Sirius’ shareholders – some of whom are local investors that have put their life savings into the project – at a special meeting on 3 March for Anglo to complete the takeover. Despite the unrest, investors representing 80% of the shares in the company voted in favour of the deal. But most of the shareholders, some of which bought in when Sirius was worth 25 pence ($0.32) per share, are set to take huge losses. Yashmin Ismail, who led a co-ordinated shareholder attempt to block the deal, described Anglo’s offer as “opportunism at its ugliest” and believes Sirius should have approached investors for more money, the Financial Times reported. But Sirius’ chairman Russell Scrimshaw said the “positive outcome” from the meeting secures a “return for shareholders”. He added that it “provides greater certainty in terms of safeguarding the project”, protects the jobs of its employees, and allows the “community, region and the UK to continue to benefit from the project”.
22/2/2020
08:12
sarkasm: An overview of Anglo American’s deal to take over Sirius Minerals Features & AnalysisMiningProject By James Murray 21 Feb 2020 Sirius Minerals operates the Woodsmith Mine, which is the largest mining project in the UK and has deep deposits of polyhalite Anglo American Sirius Minerals London-listed Sirius owns the £3.2bn ($4.19bn) project under the subsidiary trading name of York Potash (Credit: Sirius Minerals) Anglo American has agreed on a deal to take over Sirius Minerals – but shareholders believe the proposed £405m ($527m) figure undervalues the company. Sirius Minerals operates the Woodsmith Mine, which is the largest mining project in the UK and has deep deposits of polyhalite – primarily used as a fertiliser. But the project near Whitby in North Yorkshire, England, has thrown the miner into financial problems after it struggled to raise the necessary funds to complete the mine. Anglo’s deal would rescue the company from potential administration and ensure Sirius’ shareholders recoup at least some of their investment. What is the Woodsmith Mine project Anglo American is looking to purchase from Sirius Minerals? London-listed Sirius owns the £3.2bn ($4.19bn) project under the subsidiary trading name of York Potash. The Woodsmith project is considered to be the world’s largest-known deposit of high-grade polyhalite – a mineral used in fertiliser, although it’s currently lacking the same investor appeal as the more commercially-viable potash. Plans for two 1.5km shafts at the operation and extensive underground tunnel shafts would make it the first deep pit mine to be built in the UK for several decades, and one of the biggest. Under previous guidelines, Sirius anticipated the mine would reach a production capacity of 13 million tonnes (Mt) a year by 2026 and 20Mt by 2029 – creating 4500 direct and indirect jobs. It has proven and probable ore reserves of 280Mt, with estimated resources of 2.66 billion tonnes. Sirius has already pumped more than $1bn into the Woodsmith Mine, but Anglo believes a further $3bn to $4bn will be required to bring it forward to the operations stage. The firm was forced to bring forward a review last September after failing to complete a bond issue required to unlock a $2.5bn lifeline package from American investment bank JPMorgan Chase – which meant Sirius had to accept Anglo’s offer. Anglo American’s offer to purchase Sirius Minerals If the deal goes through, it would mark Anglo’s return to the fertiliser mineral market, having offloaded its previous assets in the sector in 2016. The offer of acquisition values Sirius at 5.5 pence per share – representing a premium of 34.1% to the share price at the close of play on 7 January, when the two parties made the initial agreement. anglo american sirius takeover Sirius Minerals’ Woodsmith polyhalite mine in North Yorkshire, UK (Credit: Sirius Minerals) Anglo’s CEO Mark Cutifani said in January the UK-based mining giant’s offer would provide certainty to Sirius’ shareholders and employees, while bringing the North Yorkshire polyhalite project’s potential “closer to reality”. He added: “We intend to bring Anglo American’s financial, technical and product marketing resources and capabilities to the development of the project, which of course would be expected to unlock a significant and sustained associated employment and economic stimulus for the local area. “The addition of the project supports our ongoing transition towards supplying those essential metals and minerals that will meet the world’s evolving needs – in terms of the undoubted need for cleaner energy and transport, and providing infrastructure and food for the world’s fast-growing and urbanising population.” Why Sirius Minerals’ shareholders believe Anglo American’s offer is a “mockery”; Odey Asset Management, a London-based hedge fund that owns a 1.29% economic in Sirius, said the 5.5 pence per share offer was not satisfactory and seems “to make a mockery of both internal and external audits at Sirius”. In an open letter on 18 February, Odey claimed Anglo could afford to pay more without damaging its investment case and added it would only vote in favour of a bid at 7 pence per share or more. It highlighted Sirius’ most recent accounts in September show an equity value of £893.1m ($1.15bn) – about 120% above Anglo’s $527m offer. But Sirius, which is set to run out of money by the end of March, has said the deal is the best option available to its investors. The deal needs to receive the go-ahead from 75% of Sirius’ shareholders – some of whom are local investors that have put their life savings into the project – at a special meeting on 3 March for Anglo to complete the takeover.
19/12/2019
22:09
la forge: HSBC downgraded its stance on Anglo American and Rio Tinto on Thursday, saying sector valuations were no longer cheap following a strong run in the share prices. "The strong share price performance and normalising valuations, along with an average declining near-term earnings profile leads us to re-evaluate our views on the UK diversified miners," it said. "Copper is trading around fundamental support levels following a circa 8% recovery to nearly USD6,200/t (USD2.80/lb) and we believe upside is limited as positioning has already moved and we see the market transitioning to surplus from 2021e. "While we see near-term iron ore price support, we maintain our view of reducing market tightness in the coming years and for prices to revert back towards marginal cost levels in the mid-USD60s." The bank downgraded Anglo American and Rio to 'hold' from 'buy', cutting the price targets to 2,300p from 2,350p and to 4,630p from 4,725p, respectively. It said Anglo and Rio are the two best-performing global diversified miners, up around 30% year-to-date in US dollar terms. HSBC reckoned the shares are fairly valued at current levels, hence the downgrade. "Our over 10% average forecast annual iron ore price decline in 2020/21e leads to a declining earnings profile, particularly at Rio, and resulting in lower free cash flow generation as capex spending also rises. "Anglo's more diversified asset base and favourable platinum group metals exposure provides for a more stable earnings profile. These companies are in top shape with robust balance sheets and we expect shareholder returns to remain a key feature. However, we see limited near-term catalysts and upside from current levels."
13/10/2019
13:01
maywillow: INVEZZ Anglo American Marked “Buying Opportunity” By BoA’s Merrill Lynch October 13, 2019 The mining industry is known for keeping a cyclical pattern in the financial markets. Britain based multinational mining company, Anglo American (LON:AAL), has been under pressure for quite some time. But the latest developments in the stock market represent that the other side of the cycle is finally starting to emerge. An Overview Of The Anglo American Stock Since 2016, when the share price for Anglo American hit rock bottom at around 220 level, financial analysts have been waiting for optimism in its stocks. A recent analysis of the charts, however, has pointed at a changing scenario. Currently trading at 1,923 level, LON:AAL is starting to challenge the yearly high of 2,100 that was touched back in July of 2019. But the optimism is no longer confined to that. According to an estimate by Merrill Lynch, a prominent name in the league of investment management companies, that operates under the Bank of America (BoA), it has been forecasted that the share price of Anglo American can hit the 3,100 level mark by the end of the year. The stock has officially been labeled as a “Buying Opportunity” by Merrill Lynch. On the other hand, corporations like Rio Tino, and BHP have been marked underperforming by the Bank of America’s Merrill Lynch, while Glencore has been highlighted as neutral with a potential for sideways trading in the days to come. Anglo American Anticipated To Present Further Upward Rally Apart from the rising interest for the investors in LON:AAL stocks, the simplest explanation to the price hike, as per the financial experts, is the cyclic trend of the mining industry. Now that it has successfully gone through the downward side of the cycle, the share price has now started to present the upward end that is likely to stay for a while. The controlling stake that Anglo American has in the Platinum group was also reported as another factor that may have contributed to the current price hike and is expected to continue to do so. While Platinum has underperformed in the market for quite some time due to the complications regarding its oversupply, such concerns have been long settled as represented by the rally that has brought its price up by 200% since 2016. The Swiss multinational investment bank, UBS Group AG, has also supported the claims of a further rally in Anglo American stock. The senior analysts at UBS have opinionated that LON:AAL could make a new yearly high in the next few months. Michael Harris Michael Harris I began trading in my early 20's and since then have combined my knowledge and love of the industry to become a news writer. I am passionate about bringing insightful articles to readers and hope to add some value to your portfolios!
04/9/2019
18:11
ariane: Sharecast Broker tips: RBS, Anglo American, BHP, Kainos rbs gogarburn building Analysts at Berenberg lowered their target price on retail bank The Royal Bank of Scotland from 340p to 280p on Wednesday after management conceded that the lender was now unlikely to achieve a 12.0% return on tangible equity by 2020. Berenberg said that despite a challenging environment, RBS' strategy was delivering "profitable growth, meaningful cost reductions and substantial capital returns". But the German bank pointed out that for many investors, this was simply "not enough". In particular, Berenberg said many were struggling to look beyond the current margin pressure, which had prompted RBS' board to accept that it would most likely be unable to meet its return on tangible equity targets in time. The broker's analysts reduced their full-year 2020-21 EPS estimates for RBS by approximately 6%, mainly driven by lower net interest margins, compounded by lower expected buybacks. Berenberg's 2019 estimates, on the other hand, did rise modestly, but only reflecting non-operational effects. "Following these adjustments, we believe consensus EPS estimates remain 4-6% too low," said Berenberg. However, while disappointing, Berenberg believed the share price reaction to the news had been "too severe", particularly considering RBS' double-digit dividend yield. "We believe RBS is able to deliver a double-digit dividend yield, alongside share buybacks of circa £3.0bn over three years. However, these prospective returns are being ignored," they wrote. Berenberg, which reiterated its 'buy' rating on the group despite the target price cut, highlighted that RBS' efforts to bolster returns and offset revenue headwinds saw operating costs fall by roughly £170.0m during the first half. Guidance from the lender that full-year restructuring costs should be towards the lower end of the previously guided range of £1.2bn-1.5bn provided the analysts with further comfort. Deutsche Bank revised its ratings on London-listed miners on Wednesday as it said stocks were due a rebound after the summer selloff. "Like most cyclical sectors, mining corrected sharply through the summer months," it said. "Risk appetite has collapsed and global growth fears are back at the forefront. While uncertainty and macro risks are high, we see scope for a tactical rebound on a six-month horizon." DB added that iron ore prices have reset to more realistic levels and valuations are now someway below its mid-cycle targets. "Our mining valuation composite is now sending a clear buy signal; buying at current valuation levels has yielded an average six-month return of 23% and the sector has moved up in relative and absolute terms on every occasion," it said. "The pervasive fear in the market is that we enter a 2015 type slowdown which saw negative China and global steel demand for several quarters. While we expect a deceleration in China steel demand in the year ahead (2% in 2020 from 5% in 2019) we think a 2015 style slowdown is an overly pessimistic scenario." The bank said Anglo American remains its top pick. "The business is well diversified, valuation compelling and, at the current share price, the market is getting the 30% growth by 2022E almost for free." Deutsche upped its stance on BHP Group to 'hold' from 'sell', cutting the price target to 1,750p from 1,900p following the recent share price correction. "Our view that BHP lacks structural growth drivers is unchanged, however, capital discipline is holding and dividend levels should remain robust through the cycle," it said.
26/7/2019
14:28
foxy22: Hsbc raises share price to 2640
22/4/2019
13:25
foxy22: Look at original piece in telegraph on sundayDefinately t/o attempt coming....should excite share priceHow high do u think aal could go
10/10/2017
10:30
foxy22: Yes the graph looks pretty horrific...what will this short increase Have on aal share price...16 per cent very highI know they were issuing convertible bonds for Argawhal on or about the 10 th ...would it be worth trying to buy them...and can a private investor buy them
03/3/2016
13:53
wiseacre: We need to inject some sense of reality: the following is part of broker Jeffries recent note: Restructuring risks: Anglo believes that selling non-core assets is a better approach than issuing equity or selling core assets at premium multiples. Mr Cutifani argues that the resource optionality within tier-1 mines is difficult to value and it is unlikely that full value would be realized in a sale. In the case of non-core assets, the difference between Anglo’s assumed valuation and the buyer’s valuation should be mostly a function of differing commodity price assumptions. Mgmt believes it can realize full value for these non-core assets. Investors, however, are concerned that the sale process will take too much time and that the company’s ability to sell these assets for “full value” depends on commodity prices staying firm. Several investors would prefer an equity issuance as a faster, less risky solution. Either way, it is clear that deleveraging is essential for Anglo. Fade the rally: Based on our analysis, the tradeoff between risk and reward is not favourable in AAL shares at the current price. The recent rally has been extraordinary, with the AAL share price up 137% since Jan 20. Some of that could be attributed to a modest recovery in commodity prices and improved sentiment toward the sector, but we are reluctant to give Anglo additional credit for restructuring targets at this time. We would take profits after the recent strength. Valuation/Risks Higher commodity prices and/or successful restructuring are risks to our Underperform rating. Our 300p target is at a discount to NPV due to operational risks. We are not modeling restructuring benefits at this time.
22/7/2015
17:35
bobsidian: Can only wonder at the impact on results day. The BHP Billiton share price action today seemed to be the sector driver. It would not be surprising to see its share price also driven down tomorrow and in so doing take the share price of AAL with it. However, it would also not be surprising to see the share price of AAL spike higher on results day - a sell the rumour buy the news scenario. Then again you can but wonder if the share price of BHP Billiton is about to make moves to revisit its own 2008 lows. Were that to happen then the share price of AAL could easily track that move and visit extreme lows of around £5 per share. But as always when there is only expectation of further downside so share prices have a habit of staging fast and furious rebounds. Regardless, it is jaw-dropping to see the AAL share price at current levels.
Anglo American share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
LSE
AAL
Anglo Amer..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200926 19:18:49