DRDGOLD Ltd's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered undervalued, ranking 48/119 in the Metals & Mining industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 36.25.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
DRDGOLD Ltd's Score
Industry at a Glance
Industry Ranking
48 / 119
Overall Ranking
164 / 4562
Industry
Metals & Mining
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Buy
Current Rating
36.250
Target Price
+23.93%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
DRDGOLD Ltd Highlights
StrengthsRisks
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 434.04M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 7.68%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 7.68%.
Overvalued
The company’s latest PB is 5.74, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 10.49M shares, decreasing 3.27% quarter-over-quarter.
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.
Ticker SymbolDRD
CompanyDRDGOLD Ltd
CEOPretorius (Daniel Johannes)
Websitehttps://www.drdgold.com/
FAQs
What is the current price of DRDGOLD Ltd (DRD)?
The current price of DRDGOLD Ltd (DRD) is 33.395.
What is the symbol of DRDGOLD Ltd?
The ticker symbol of DRDGOLD Ltd is DRD.
What is the 52-week high of DRDGOLD Ltd?
The 52-week high of DRDGOLD Ltd is 34.800.
What is the 52-week low of DRDGOLD Ltd?
The 52-week low of DRDGOLD Ltd is 8.381.
What is the market capitalization of DRDGOLD Ltd?
The market capitalization of DRDGOLD Ltd is 2.88B.
What is the net income of DRDGOLD Ltd?
The net income of DRDGOLD Ltd is 123.56M.
Is DRDGOLD Ltd (DRD) currently rated as Buy, Hold, or Sell?
According to analysts, DRDGOLD Ltd (DRD) has an overall rating of Buy, with a price target of 36.250.
What is the Earnings Per Share (EPS TTM) of DRDGOLD Ltd (DRD)?
The Earnings Per Share (EPS TTM) of DRDGOLD Ltd (DRD) is 1.433.