U S Global Investors Inc. Purchases New Holdings in DRDGOLD Limited (NYSE:DRD)

U S Global Investors Inc. purchased a new position in DRDGOLD Limited (NYSE:DRD - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 138,951 shares of the basic materials company's stock, valued at approximately $2,150,000. U S Global Investors Inc. owned approximately 0.16% of DRDGOLD as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the company. American Century Companies Inc. boosted its stake in DRDGOLD by 72.9% during the 4th quarter. American Century Companies Inc. now owns 891,105 shares of the basic materials company's stock valued at $7,690,000 after purchasing an additional 375,705 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. bought a new position in DRDGOLD during the fourth quarter valued at about $1,449,000. Ashton Thomas Private Wealth LLC acquired a new position in DRDGOLD during the fourth quarter worth about $1,045,000. GAMMA Investing LLC raised its position in DRDGOLD by 2,264.9% in the first quarter. GAMMA Investing LLC now owns 76,623 shares of the basic materials company's stock worth $1,185,000 after acquiring an additional 73,383 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in DRDGOLD by 15.4% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 502,100 shares of the basic materials company's stock valued at $4,333,000 after acquiring an additional 66,857 shares during the last quarter. Institutional investors own 14.70% of the company's stock.

DRDGOLD Stock Up 0.5%

Shares of DRD traded up $0.07 during midday trading on Tuesday, reaching $13.40. 837,113 shares of the stock were exchanged, compared to its average volume of 364,803. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 10.63 and a beta of 0.37. DRDGOLD Limited has a 12-month low of $7.64 and a 12-month high of $17.60. The firm has a 50 day simple moving average of $14.61 and a 200-day simple moving average of $12.74.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of DRDGOLD from a "buy" rating to a "strong-buy" rating in a report on Friday.

About DRDGOLD

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities. The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004.