AngloGold Ashanti Limited (NYSE: AU) has demonstrated a robust financial performance in recent times, as evidenced by the real-time data from InvestingPro. The company's market capitalization stands at $12.69 billion, underscoring its significant presence in the gold mining sector. With a forward-looking perspective, the InvestingPro Tips highlight that AngloGold Ashanti is expected to see net income growth this year, which aligns with the positive sentiment reflected in its recent stock price surge. Additionally, despite a high P/E ratio of 113.18, the adjusted P/E ratio for the last twelve months as of Q2 2024 is more favorable at 38.02, suggesting a more appealing valuation relative to near-term earnings growth.