DRDGOLD Limited (DRD)

NYSE: DRD · Real-Time Price · USD
9.69
+0.01 (0.10%)
Nov 22, 2024, 4:00 PM EST - Market closed
0.10%
Market Cap 834.79M
Revenue (ttm) 341.81M
Net Income (ttm) 72.79M
Shares Out 86.15M
EPS (ttm) 0.84
PE Ratio 11.52
Forward PE 12.82
Dividend $0.22 (2.26%)
Ex-Dividend Date Sep 13, 2024
Volume 186,387
Open 9.83
Previous Close 9.68
Day's Range 9.67 - 9.88
52-Week Range 6.48 - 12.70
Beta 1.14
Analysts Strong Buy
Price Target 13.25 (+36.74%)
Earnings Date n/a

About DRD

DRDGOLD Limited, a gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa. It sells gold and silver bullion. It is involved in provision care and maintenance services; and operation of training center. The company was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004. The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited is a subsidiary of Sibanye Gold Limited. [Read more]

Industry Gold
Sector Materials
Founded 1895
Employees 927
Stock Exchange NYSE
Ticker Symbol DRD
Full Company Profile

Financial Performance

In 2024, DRDGOLD's revenue was 6.24 billion, an increase of 13.53% compared to the previous year's 5.50 billion. Earnings were 1.33 billion, an increase of 3.69%.

Financial numbers in ZAR Financial Statements

Analyst Forecast

According to one analyst, the rating for DRD stock is "Strong Buy" and the 12-month stock price forecast is $13.25.

Price Target
$13.25
(36.74% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

DRDGOLD Limited to Attend 121 Mining Investment Conference in Dubai

Johannesburg, South Africa--(Newsfile Corp. - November 19, 2024) - DRDGOLD Limited is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in Dubai. Niël P...

4 days ago - Newsfile Corp

DRDGOLD Announces Participation in 121 Mining Investment Conference in London

Johannesburg, South Africa--(Newsfile Corp. - November 14, 2024) - DRDGOLD is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in London. Niël Pretoriu...

9 days ago - Newsfile Corp

DRDGOLD: Why I'm Sticking With My Bullish Outlook

DRDGOLD Limited's stock has delivered mixed returns amid a volatile operating environment. However, numerous inflection points have emerged. Despite experiencing lower production yields, DRDGOLD's ful...

2 months ago - Seeking Alpha

DRDGOLD Limited (DRD) Q4 2024 Earnings Call Transcript

DRDGOLD Limited (NYSE:DRD) Q4 2024 Earnings Call Transcript August 21, 2024 4:00 AM ET Company Participants Niel Pretorius - CEO Riaan Davel - CFO Jaco Schoeman - COO Conference Call Participants Bre...

3 months ago - Seeking Alpha

DRDGold Has Steam, But Better From A Dip

The company holds significant gold reserves and resources, with a focus on Ergo and FWGR segments in the Witwatersrand Basin in the Gauteng province of South Africa. The outlook is promising with bull...

4 months ago - Seeking Alpha

DRDGOLD Limited (DRD) Q2 2024 Earnings Call Transcript

DRDGOLD Limited (DRD) Q2 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

DRDGOLD Limited Announces Participation in 121 Mining Investment Conference in Cape Town

Johannesburg, South Africa--(Newsfile Corp. - January 15, 2024) - DRDGOLD Limited (JSE: DRD) (A2X: DRD) (NYSE: DRD) is pleased to announce the company is participating in the upcoming 121 Mining Inves...

11 months ago - Newsfile Corp

DRDGold: Strong Upside Potential Awaits Bullish Gold

DRDGOLD Limited stock is re-assigned a Buy rating, with retail investors well positioned to benefit from the expected recovery in the price of gold. The correlation between the gold price and DRD's sh...

1 year ago - Seeking Alpha

DRDGOLD Limited Announces Participation in the 121 Mining Investment Conference in London

Johannesburg, South Africa--(Newsfile Corp. - November 9, 2023) - DRDGOLD Limited (JSE: DRD) (A2X: DRD) (NYSE: DRD) is pleased to announce the Company's participation in the upcoming 121 Mining Invest...

1 year ago - Newsfile Corp

DRDGold: More Than 60% YTD Momentum Backed Up By Diversification Benefits

DRDGold Limited's stock has gained by more than 60% since the turn of the year while providing excellent diversification benefits. Sustained tail risk might add to a bullish case for gold prices and D...

1 year ago - Seeking Alpha

3 Gold Stocks To Consider For Downside Protection

Although the stock market has rebounded strongly since the turn of the year, the fact remains that the economic environment remains uncertain as disinflation coupled with soft manufacturing numbers po...

Other symbols: GOLDNEM
1 year ago - GuruFocus

DRDGOLD Limited (DRD) Q4 2022 Earnings Call Transcript

DRDGOLD Limited (NYSE:DRD) Q4 2022 Earnings Conference Call August 24, 2023 4:00 AM ET Company Participants Niel Pretorius - CEO Riaan Davel - CFO Jaco Schoeman - COO Conference Call Participants Nie...

1 year ago - Seeking Alpha

DRDGold: The Stock Has Upside Potential As Gold Is About To Rally

DRDGOLD Limited stock is recommended as a Buy due to its positive correlation with the expected recovery of gold prices. The company's revenues and profitability are highly sensitive to the price of g...

1 year ago - Seeking Alpha

DRDGOLD: Minting Gold From Waste

DRDGOLD Limited is a standout gold mining company with an exceptional business model that focuses on reprocessing historical waste tailings and extracting leftover precious metals, making it perfect f...

1 year ago - Seeking Alpha

DRDGOLD stock still has another 10% upside from here, analyst says

DRDGOLD Ltd (NYSE: DRD) is in focus a day after reporting a 4.0% sequential increase in gold production for its fiscal third quarter. DRDGOLD stock should be worth $15 Reacting to its earnings print, ...

1 year ago - Invezz

2 High-Dividend Gold Mining Stocks to Consider

One of my favorite ways to hedge against an uncertain market environment is to look for gold stocks that have high dividend yields and reliable asset bases.

Other symbols: GFI
1 year ago - GuruFocus

DRDGold: Strong Torque To Rising Gold Prices

The business model of DRDGOLD eliminates some of the risks faced by a typical miner. The relatively high AISC base of the company translates into higher torque in a rising gold price environment.

1 year ago - Seeking Alpha

DRDGold: Bullish On Easing Cost Pressures Into Gold Momentum

DRDGOLD is trading at a 9-month high, rallying alongside the price of gold. While 2022 results were impacted by inflationary cost pressures, we see margins improving going forward as a tailwind for ea...

2 years ago - Seeking Alpha

DRDGOLD Limited to Present at Investor Summit Group's Q4 Conference

Johannesburg, South Africa--(Newsfile Corp. - November 8, 2022) - DRDGOLD Limited (JSE: DRD) (NYSE: DRD), today announced that Niel Pretorius, Chief Executive Officer of DRDGOLD Limited will be attend...

2 years ago - Newsfile Corp

DRDGold: Stable Q3 2022 Production And Financial Results And I'm Bullish

Gold production rose by 1% quarter on quarter to 46.715 ounces and the company is on track to meet its FY23 production guidance. EBITDA declined by 26% to $22.7 million but this was mainly due to a $4...

2 years ago - Seeking Alpha

DRDGold: Solid FY22 Results And FWGR Expansion In The Cards

The company managed to exceed the upper end of its production guidance for FY22 and AISC remained below $1,500 despite significant inflationary pressures. DRDGold now has $148.4 million in cash and no...

2 years ago - Seeking Alpha

DRDGOLD Limited's (DRD) CEO Niël Pretorius on Q2 2022 Results - Earnings Call Transcript

DRDGOLD Limited (NYSE:DRD) Q2 2022 Earnings Conference Call August 24, 2022 4:00 AM ET Company Participants Niël Pretorius - Chief Executive Officer Riaan Davel - Chief Financial Officer Jaco Schoema...

2 years ago - Seeking Alpha

DRDGold Limited: The Selloff Seems Overdone

Gold prices are back to their levels from the middle of January, but the market valuation of DRDGold has decreased 17% compared to then. Gold has historically been a good inflation hedge, and I think ...

2 years ago - Seeking Alpha

DRDGold: Bullish Into The Breakout Higher In Gold Prices

DRDGOLD maintains a long-term strategy of being an unhedged gold producer, making it well-positioned to benefit from rising gold prices.

3 years ago - Seeking Alpha

DRDGOLD Limited (DRD) CEO Daniel Pretorius on Q1 2022 Results - Earnings Call Transcript

DRDGOLD Limited (DRD) CEO Daniel Pretorius on Q1 2022 Results - Earnings Call Transcript

3 years ago - Seeking Alpha