Gold prices (GCV25) have been on fire this year, which has led to sharp gains in gold mining companies. Specifically, AngloGold Ashanti (AU) stock has outperformed most of its peers and has more than tripled this year. It also has one of the most generous dividend policies in the gold mining space, and investors are in for a payout bonanza as higher gold prices lift the company’s cash flows and, by extension, dividends. Let's discuss whether AU is still a buy or if it's too late to buy this outperforming stock now.
