DRDGOLD Limited is a gold mining company. The Company is engaged in gold production by tailings retreatment. The Company is focused on the recovery of lower-risk, higher-margin ounces primarily from its metallurgical plant located approximately 50 kilometers east of Johannesburg in Brakpan. The Company owns approximately 100% of its holding company, Ergo Mining Operations Proprietary Limited (EMO). Ergo Mining Proprietary Limited (Ergo) is owned by EMO. Ergo has a vast footprint adjacent to Johannesburg on the central and eastern Witwatersrand of South Africa. Its assets cover an area of approximately 62 kilometers from east to west and over 25 kilometers from north to south. The Ergo operation has over two metallurgical plants in operation, including Knights plant and The Ergo plant. The Knights plant in Germiston is treating the Cason dump and depositing waste on the Brakpan tailings facility (BTF). The Ergo plant has a total treatment capacity of 300,000 tons per month (tpm).
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Gold
- Sub-Industry: N/A
- Symbol: NYSE:DRD
- CUSIP: N/A
- Web: www.drdgold.com
- Market Cap: $136.33 million
- Outstanding Shares: 42,206,000
- 50 Day Moving Avg: $4.04
- 200 Day Moving Avg: $4.90
- 52 Week Range: $3.18 - $9.10
Sales & Book Value:
- Trailing P/E Ratio: 38.92
- Foreward P/E Ratio: 4.75
- P/E Growth: 0.00
- Annual Revenue: $187.92 million
- Price / Sales: 0.73
- Book Value: $2.31 per share
- Price / Book: 1.40
- Annual Dividend: $0.33
- Dividend Yield: 12.6%
- Debt-to-Equity Ratio: 0.01%
- Current Ratio: 1.92%
- Quick Ratio: 1.40%
- Average Volume: 363,230 shs.
- Beta: -1.42
- Short Ratio: 2.62
Frequently Asked Questions for DRDGOLD (NYSE:DRD)
What is DRDGOLD's stock symbol?
DRDGOLD trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRD."
How often does DRDGOLD pay dividends? What is the dividend yield for DRDGOLD?
DRDGOLD announced a quarterly dividend on Friday, September 16th. Stockholders of record on Friday, October 14th will be paid a dividend of $0.0832 per share on Thursday, October 27th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 10.30%. The ex-dividend date is Wednesday, October 12th. View DRDGOLD's Dividend History.
Who are some of DRDGOLD's key competitors?
Some companies that are related to DRDGOLD include Denison Mines Corp (DNN), Trecora Resources (TREC), Golden Star Resources (GSS), Banro (BAA), Daqo New Energy Corp (DQ), China XD Plastics Co Ltd (CXDC), Polymet Mining Corp (PLM), Great Panther Silver Ltd (GPL), Gold Resource (GORO), Uranium Energy Corp. (UEC), Olympic Steel (ZEUS), L.B. Foster Co (FSTR), Platinum Group Metals Limited (PLG), Orchids Paper Products Company (TIS), Universal Stainless & Alloy Products (USAP), Alexco Resource Corp. (AXU), Verso (VRS) and LRR Energy LP (LRE).
Who are DRDGOLD's key executives?
DRDGOLD's management team includes the folowing people:
- Daniel Johannes Pretorius, Chief Executive Officer, Executive Director
- A. J. Davel, Chief Financial Officer, Executive Director
- Reneiloe Masemene, Group Legal Counsel, Company Secretary
- Thulo Mogotsi Moletsane, Director - Ergo Mining Operations
- Moltin Paseka Ncholo, Non-Executive Director of Ergo Mining Operations Proprietary Limited
- Wilhelm Jacobus Schoeman, Operations Director of Ergo Mining Operations Proprietary Limited
- Charles Methley Symons, Chairman: Oversight Committee of Ergo Mining Operations Proprietary Limited
- Geoffrey Charles Campbell, Independent Non-Executive Chairman of the Board
- Johan Andries Holtzhausen, Independent Non-Executive Director
- Edmund Abel Jeneker, Independent Non-Executive Director
Who owns DRDGOLD stock?
DRDGOLD's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (17.92%), Renaissance Technologies LLC (3.81%), Ruffer LLP (2.86%), Wells Fargo & Company MN (0.69%), BB&T Corp (0.24%) and Goldman Sachs Group Inc. (0.19%). View Institutional Ownership Trends for DRDGOLD.
Who sold DRDGOLD stock? Who is selling DRDGOLD stock?
DRDGOLD's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Ruffer LLP, Renaissance Technologies LLC and National Asset Management Inc.. View Insider Buying and Selling for DRDGOLD.
Who bought DRDGOLD stock? Who is buying DRDGOLD stock?
DRDGOLD's stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Wells Fargo & Company MN, Goldman Sachs Group Inc., Sigma Planning Corp, Cypress Capital Management LLC WY and Navellier & Associates Inc. View Insider Buying and Selling for DRDGOLD.
How do I buy DRDGOLD stock?
Shares of DRDGOLD can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is DRDGOLD's stock price today?
MarketBeat Community Rating for DRDGOLD (NYSE DRD)MarketBeat's community ratings are surveys of what our community members think about DRDGOLD and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of DRDGOLD stock can currently be purchased for approximately $3.23.
Consensus Ratings for DRDGOLD (NYSE:DRD) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||1 Sell Rating, 1 Hold Rating|
|Consensus Rating:||Hold (Score: 1.50)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for DRDGOLD (NYSE:DRD)
(Data available from 5/29/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|5/15/2017||HSBC Holdings plc||Upgrade||Reduce -> Hold||N/A|
|7/12/2016||JPMorgan Chase & Co.||Downgrade||Neutral -> Underweight||N/A|
Earnings History for DRDGOLD (NYSE:DRD)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for DRDGOLD (NYSE:DRD)
Current Year EPS Consensus Estimate: $1.02 EPS
Next Year EPS Consensus Estimate: $0.68 EPS
Current Dividend Information for DRDGOLD (NYSE:DRD)
|Most Recent Dividend:||10/27/2016|
|Dividend Growth:||12.80% (3 Year Average)|
|Payout Ratio:||32.35% (Based on This Year's Estimates)|
48.53% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for DRDGOLD (NYSE DRD)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for DRDGOLD (NYSE:DRD)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for DRDGOLD (NYSE:DRD)
Latest Headlines for DRDGOLD (NYSE:DRD)
|DRDGOLD Ltd. (DRD) Stock Rating Upgraded by HSBC Holdings plc|
www.americanbankingnews.com - May 5 at 12:34 PM
|DRDGOLD (DRD) Earning Somewhat Positive Media Coverage, Analysis Shows|
www.americanbankingnews.com - May 3 at 1:26 PM
|DRDGOLD (DRD) Earns Media Impact Score of 0.56|
www.americanbankingnews.com - April 30 at 10:18 AM
|Very Positive News Coverage Extremely Likely to Affect DRDGOLD (DRD) Stock Price|
www.americanbankingnews.com - April 26 at 8:43 AM
|Gold Mining Stocks & ETFs Fall Amid New EU Optimism, Weak Earnings|
www.zacks.com - April 25 at 4:30 PM
|Technical Roundup on Gold Stocks -- Randgold, Royal Gold, Vista Gold, and DRDGOLD|
www.bizjournals.com - April 24 at 8:53 AM
|DRDGOLD (DRD) Earning Somewhat Negative Press Coverage, Study Finds|
www.americanbankingnews.com - April 23 at 3:34 PM
|DRDGOLD (DRD) Given Daily Coverage Optimism Score of 0.16|
www.americanbankingnews.com - April 20 at 10:09 PM
|ETFs with exposure to DRDGOLD Ltd. : April 20, 2017|
finance.yahoo.com - April 20 at 4:56 PM
|DRDGOLD (DRD) Given Daily News Sentiment Rating of 0.30|
www.americanbankingnews.com - April 15 at 4:03 PM
| Analysts Expect DRDGOLD Ltd. (DRD) Will Post Quarterly Sales of $0.00|
www.americanbankingnews.com - April 13 at 9:59 AM
|BUZZ-US STOCKS ON THE MOVE-Snap, Amazon.com, US banks, gold stocks - Nasdaq|
www.nasdaq.com - March 27 at 12:10 PM
|BUZZ-US STOCKS ON THE MOVE-Nimble Storage, Astoria Financial, Snap and miners' stocks - Nasdaq|
www.nasdaq.com - March 7 at 4:42 PM
|DRDGold - Weak H1 FY17 Results With Many Silver Linings - Seeking Alpha|
seekingalpha.com - February 17 at 7:01 PM
|The Best Gold Stocks of 2016|
www.fool.com - December 20 at 5:47 PM
|Hottest Mining Stocks Now - AG RIO CHK VALE - Investorplace.com|
investorplace.com - December 9 at 7:29 AM
|Mid-Afternoon Market Update: U.S. Stocks Edge Higher; Intralinks Shares Climb On Acquisition News - Nasdaq|
www.nasdaq.com - December 6 at 10:03 PM
|Mid-Morning Market Update: Markets Mostly Lower; Deere Tops Q4 Views|
www.nasdaq.com - November 23 at 4:31 PM
DRDGOLD (DRD) Chart for Monday, May, 29, 2017