9 Best Mining Stocks to Buy According to Billionaire John Paulson

3. Anglogold Ashanti PLC (NYSE:AU)

Billionaire John Paulson Q1’2024 Stake Value: $65,110,491

Gold mining company Anglogold Ashanti PLC (NYSE:AU) is another profitable investment of billionaire John Paulson, as the stock is up 33% so far this year.  Paulson first bought a stake in Anglogold Ashanti PLC (NYSE:AU) back in the third quarter of 2023, amassing 3.83 million company shares. However, in the first quarter of 2024, Paulson cut his stake in Anglogold Ashanti PLC (NYSE:AU) by 24%.

As of the end of the first quarter of 2024, 15 hedge funds tracked by Insider Monkey had stakes in Anglogold Ashanti PLC (NYSE:AU). The most significant stake in Anglogold Ashanti PLC (NYSE:AU) is owned by

Last month UBS published a list of gold mining stocks it believes are undervalued and recommended investors to Overweight them. Anglogold Ashanti PLC (NYSE:AU) was one of them.