DRDGOLD Ltd's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered overvalued, ranking 43 out of 117 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 46.50.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of DRDGOLD Ltd is 8.28, ranking 34 out of 117 in the Metals & Mining industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 212.11M, representing a year-over-year increase of 33.19%, while its net profit experienced a year-over-year increase of 71.51%.
Key Metrics
The current valuation score of DRDGOLD Ltd is 5.36, ranking 106 out of 117 in the Metals & Mining industry. Its current P/E ratio is 19.59, which is 39.58% below the recent high of 27.34 and 59.44% above the recent low of 7.94.
The current earnings forecast score of DRDGOLD Ltd is 8.00, ranking 16 out of 117 in the Metals & Mining industry. The average price target is 36.25, with a high of 36.25 and a low of 36.25.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of DRDGOLD Ltd is 7.06, ranking 57 out of 117 in the Metals & Mining industry. Currently, the stock price is trading between the resistance level at 36.02 and the support level at 22.91, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of DRDGOLD Ltd is 3.00, ranking 63 out of 117 in the Metals & Mining industry. The latest institutional shareholding proportion is 14.41%, representing a quarter-over-quarter decrease of 3.55%. The largest institutional shareholder is James Simons, holding a total of 220.81K shares, representing 0.25% of shares outstanding, with 60.18% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Metals & Mining domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of DRDGOLD Ltd is 5.16, ranking 52 out of 117 in the Metals & Mining industry. The company's beta value is 0.56. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
