DRDGOLD Limited is a South Africa-based holding company. The Company is primarily involved in the retreatment of surface gold tailings. The Company’s business includes Ergo, Far West Gold Recoveries (FWGR), Hot Button Features and Resources and Reserves. Ergo business is a surface gold retreatment operation, which treats old slime dams and sand dumps to the south of Johannesburg’s central business district, as well as the East and Central Rand goldfields. The operation comprises three plants. The Ergo and Knights plants operate as metallurgical plants. The Ergo plant treats around 1.7 Mtpm of material. The City Deep plant operates as a pump/milling station feeding the metallurgical plants. The Company’s FWGR is a surface gold retreatment operation that treats old slime dams in the West Rand goldfields and is located near Carletonville in South Africa’s Gauteng province. Mineral Resources consist of sand dumps, slimes dams and silted areas and dams.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 40.19% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 71.18.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 38.63%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 38.63%.
Overvalued
The company’s latest PB is 4.41, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 11.45M shares, decreasing 15.37% quarter-over-quarter.
Held by James Simons
Star Investor James Simons holds 496.51K shares of this stock.