AngloGold Ashanti: Undervalued by 20.5% Despite Recent Surge

AngloGold Ashanti's stock price surged by 281% over the past year, closing at $101.36. The company's 12-month free cash flow is $2.22b, with projected free cash flow of $4.46b in 2028. The discounted cash flow model estimates an intrinsic value of $127.42 per share, indicating a 20.5% discount to its estimated value, making the shares undervalued on a pure cash flow basis.