AU is trading 5.5% down at $77.61 as the stock extends a multi-day pullback from recent highs near the low-80s.
- Shares are drifting lower as traders lock in profits following a strong rally fueled by record free cash flow, buyback plans, and elevated gold prices.
- There are no fresh company-specific headlines overnight; the move aligns with broader equity futures pointing lower, adding risk-off pressure to the mining sector.