NEW YORK (TheStreet) -- Shares of AngloGold Ashanti Ltd. are lower by 1.12% to $11.43 in mid afternoon trading on Wednesday, as some gold and mining related stocks decline today along with the price of the precious metal. Gold for February delivery is down by 0.12% to $1,292.60 per ounce on the COMEX this afternoon. Earlier in the day gold soared above $1,300 per ounce. The yellow metal is slumping from five-month highs following the European Central Bank's stimulus report, Bloomberg reports. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Two officials from the ECB said policy makers are going to suggest a plan that involves purchasing 50 billion euros in assets per month to the end of 2016, Bloomberg said. Discussions regarding the proposal will begin today by the governing council of the ECB, sources speaking with Bloomberg said, but they added that the plan could change significantly. Purchases will not begin before March 1 and a final decision will be announced at a press conference in Frankfurt on Thursday. Gold prices were spiking yesterday as investors moved toward gold as a haven due to concerns regarding a continuation in the weakening of the euro. Separately, TheStreet Ratings team rates ANGLOGOLD ASHANTI LTD as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation: "We rate ANGLOGOLD ASHANTI LTD (AU) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins." Highlights from the analysis by TheStreet Ratings Team goes as follows: The debt-to-equity ratio of 1.24 is relatively high when compared with the industry average, suggesting a need for better debt level management. The gross profit margin for ANGLOGOLD ASHANTI LTD is currently lower than what is desirable, coming in at 32.93%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 3.08% significantly trails the industry average. This stock's share value has moved by only 12.95% over the past year. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time. AU, with its decline in revenue, slightly underperformed the industry average of 4.5%. Since the same quarter one year prior, revenues slightly dropped by 5.4%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share. Net operating cash flow has remained constant at $320.00 million with no significant change when compared to the same quarter last year. Along with maintaining stable cash flow from operations, the firm exceeded the industry average cash flow growth rate of -29.07%. You can view the full analysis from the report here: AU Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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