Should I buy or sell DRDGOLD stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DRDGOLD in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DRD shares. View DRD analyst ratings or view top-rated stocks .

What is DRDGOLD's stock price target for 2024?

1 brokers have issued 1 year price targets for DRDGOLD's stock. Their DRD share price targets range from $13.25 to $13.25. On average, they predict the company's stock price to reach $13.25 in the next year. This suggests a possible upside of 56.3% from the stock's current price. View analysts price targets for DRD or view top-rated stocks among Wall Street analysts .

How have DRD shares performed in 2024?

DRDGOLD's stock was trading at $7.95 at the start of the year. Since then, DRD stock has increased by 6.7% and is now trading at $8.48. View the best growth stocks for 2024 here .

Are investors shorting DRDGOLD?

DRDGOLD saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,280,000 shares, an increase of 10.3% from the March 15th total of 1,160,000 shares. Based on an average daily trading volume, of 334,200 shares, the days-to-cover ratio is presently 3.8 days. View DRDGOLD's Short Interest .

How often does DRDGOLD pay dividends? What is the dividend yield for DRDGOLD?

DRDGOLD announced a semi-annual dividend on Wednesday, February 21st. Stockholders of record on Friday, March 8th will be given a dividend of $0.1058 per share on Thursday, March 21st. This represents a dividend yield of 5%. The ex-dividend date is Thursday, March 7th. Read our dividend analysis for DRD .

Is DRDGOLD a good dividend stock?

DRDGOLD (NYSE:DRD) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.92%. Read our dividend analysis for DRD .

What other stocks do shareholders of DRDGOLD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DRDGOLD investors own include Harmony Gold Mining (HMY) , Alamos Gold (AGI) , Kinross Gold (KGC) , SSR Mining (SSRM) , B2Gold (BTG) , Advanced Micro Devices (AMD) , Gold Fields (GFI) , AngloGold Ashanti (AU) and Yamana Gold (AUY) .

Who are DRDGOLD's major shareholders?

DRDGOLD's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.02%).

How do I buy shares of DRDGOLD?

Shares of DRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:DRD

DRDGOLD (DRD) Stock Price, News & Analysis

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$8.48

-0.03 (-0.35%)

(As of 04/18/2024 ET)

Compare

Today's Range: $8.44
▼
$8.64
50-Day Range: $6.60
▼
$8.87
52-Week Range: $6.48
▼
$13.85

Volume: 165,767 shs
Average Volume: 341,945 shs
Market Capitalization: $733.18 million

P/E Ratio: N/A
Dividend Yield: 1.89%
Price Target: $13.25

Get DRDGOLD alerts:

DRDGOLD MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 56.3% Upside
$13.25 Price Target
Short Interest: Healthy
1.48% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.02
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.26 out of 5 stars

Basic Materials Sector

146th out of 174 stocks

Gold & Silver Ores Industry

26th out of 37 stocks

3.5

Analyst's Opinion

Consensus Rating
DRDGOLD has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
DRDGOLD has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.48% of the outstanding shares of DRDGOLD have been sold short.
Short Interest Ratio / Days to Cover
DRDGOLD has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in DRDGOLD has recently increased by 10.34%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
DRDGOLD pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
DRDGOLD does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DRD.

1.7

News and Social Media Coverage

News Sentiment
DRDGOLD has a news sentiment score of -0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for DRDGOLD this week, compared to 1 article on an average week.
Search Interest
13 people have searched for DRD on MarketBeat in the last 30 days. This is an increase of 30% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added DRDGOLD to their MarketBeat watchlist in the last 30 days. This is a decrease of -62% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DRDGOLD insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of DRDGOLD is held by insiders.
Percentage Held by Institutions
Only 14.70% of the stock of DRDGOLD is held by institutions.

0.0

Earnings and Valuation

Price to Book Value per Share Ratio
DRDGOLD has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About DRDGOLD Stock (NYSE:DRD)

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. The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited is a subsidiary of Sibanye Gold Limited.

DRD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DRD Stock News Headlines

April 17, 2024 | americanbankingnews.com

DRDGOLD (NYSE:DRD) Upgraded by StockNews.com to "Buy"

April 15, 2024 | finance.yahoo.com

Are Basic Materials Stocks Lagging DRDGOLD Limited (DRD) This Year?

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 14, 2024 | americanbankingnews.com

DRDGOLD (NYSE:DRD) Sees Large Volume Increase

April 9, 2024 | finance.yahoo.com

Those who invested in DRDGOLD (NYSE:DRD) five years ago are up 469%

March 30, 2024 | msn.com

The ‘Waiting Game’ Continues – March ‘24 Rate Hold Announcement Requires Property Industry to Practice Patience

March 30, 2024 | msn.com

Copper 360 Partners with FWGR for Due Diligence on Copper Tailings Dams

March 26, 2024 | investorplace.com

3 Gold Stocks to Elevate Your Portfolio Beyond Expectations

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 19, 2024 | finance.yahoo.com

Are Strong Financial Prospects The Force That Is Driving The Momentum In DRDGOLD Limited's NYSE:DRD) Stock?

March 11, 2024 | markets.businessinsider.com

Strong Financials and Growth Potential Underpin Buy Rating for Uranium Royalty Corp

March 6, 2024 | ca.finance.yahoo.com

DRD Apr 2024 10.000 call

March 6, 2024 | investorplace.com

7 Must-Own Gold Stocks to Combat Sticky Inflation

February 28, 2024 | finance.yahoo.com

Estimating The Fair Value Of DRDGOLD Limited (NYSE:DRD)

February 21, 2024 | msn.com

Beatles to get a Fab Four of biopics, with a movie each for Paul, John, George and Ringo

February 21, 2024 | ca.finance.yahoo.com

Here's a list January inflation rates for Canadian provinces

February 20, 2024 | finance.yahoo.com

DRDGOLD declares 17th consecutive interim dividend as higher gold price boosts first-half revenue

February 18, 2024 | msn.com

The Finance Ghost: The market lowdown on Sasol, Cashbuild, Barloworld and DRDGold

February 17, 2024 | proactiveinvestors.com.au

DRDGOLD expands on its future in the mining industry - ICYMI

February 14, 2024 | seekingalpha.com

DRDGOLD Limited 2024 Q2 - Results - Earnings Call Presentation

February 8, 2024 | msn.com

DRDGold expects earnings to beat inflation, lower gold sales

February 5, 2024 | finance.yahoo.com

DRDGOLD (NYSE:DRD) Shareholders Will Want The ROCE Trajectory To Continue

January 30, 2024 | seekingalpha.com

DRDGOLD: Lower Price Target Ahead Of Expected Gold Rally (Rating Downgrade)

January 23, 2024 | wsj.com

DRDGOLD Ltd.

January 15, 2024 | finance.yahoo.com

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

January 12, 2024 | msn.com

Gold and silver rally as airstrikes raise risk of broader Middle East conflict

December 18, 2023 | finance.yahoo.com

Investors Aren't Entirely Convinced By DRDGOLD Limited's (NYSE:DRD) Earnings

See More Headlines

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Company Calendar

Ex-Dividend for 3/21 Dividend: 3/07/2024
Dividend Payable: 3/21/2024
Today: 4/18/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:DRD
Previous Symbol: NASDAQ:DROOY
CUSIP: N/A
CIK: 1023512
Web: www.drdgold.com
Phone: (711) 470-2600
Fax: 27-86-524-3061
Employees: 3,082
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.25
High Stock Price Target: $13.25
Low Stock Price Target: $13.25
Potential Upside/Downside: +56.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.67
Quick Ratio: 3.02

Sales & Book Value

Annual Sales: $309.85 million
Price / Sales: 2.37
Cash Flow: $0.98 per share
Price / Cash Flow: 8.62
Book Value: $4.09 per share
Price / Book: 2.07

Miscellaneous

Outstanding Shares: 86,460,000
Free Float: 85,594,000
Market Cap: $733.18 million
Optionable: Optionable
Beta: 1.29

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Key Executives

Mr. Adriaan Jacobus Davel BCom (Hons) (Age 48)
CA (SA), M.Com., CFO & Executive Director
Comp: $561.54k
Mr. Wilhelm Jacobus Schoeman BTech Ana (Age 50)
Chief Operating Officer
Comp: $548.01k
Mr. Daniel Johannes Pretorius B.Proc. (Age 57)
L.L.M., LLB, CEO & Executive Director
Comp: $785.66k
Francois Bouwer
Group Financial Accountant
Mr. Shalin Naidoo B.Tech. (Age 47)
M.B.A., Chief Information & Technology Officer
Mr. Kevin Peter Kruger (Age 56)
Managing Director of Far West Gold Recoveries Proprietary Limited
Mr. Henry Gouws MDP (Age 55)
Managing Director of Ergo Mining Operations Proprietary Limited
Mpho Mashatola
Group Financial Controller
Ms. Kgomotso Mbanyele (Age 43)
Company Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

DRD Stock Analysis - Frequently Asked Questions

Should I buy or sell DRDGOLD stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DRDGOLD in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DRD shares.
View DRD analyst ratings or view top-rated stocks.
What is DRDGOLD's stock price target for 2024?: 1 brokers have issued 1 year price targets for DRDGOLD's stock. Their DRD share price targets range from $13.25 to $13.25. On average, they predict the company's stock price to reach $13.25 in the next year. This suggests a possible upside of 56.3% from the stock's current price.
View analysts price targets for DRD or view top-rated stocks among Wall Street analysts.
How have DRD shares performed in 2024?: DRDGOLD's stock was trading at $7.95 at the start of the year. Since then, DRD stock has increased by 6.7% and is now trading at $8.48.
View the best growth stocks for 2024 here.
Are investors shorting DRDGOLD?: DRDGOLD saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,280,000 shares, an increase of 10.3% from the March 15th total of 1,160,000 shares. Based on an average daily trading volume, of 334,200 shares, the days-to-cover ratio is presently 3.8 days.
View DRDGOLD's Short Interest.
How often does DRDGOLD pay dividends? What is the dividend yield for DRDGOLD?: DRDGOLD announced a semi-annual dividend on Wednesday, February 21st. Stockholders of record on Friday, March 8th will be given a dividend of $0.1058 per share on Thursday, March 21st. This represents a dividend yield of 5%. The ex-dividend date is Thursday, March 7th.
Read our dividend analysis for DRD.

Is DRDGOLD a good dividend stock?: DRDGOLD (NYSE:DRD) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.92%.
Read our dividend analysis for DRD.
What other stocks do shareholders of DRDGOLD own?: Based on aggregate information from My MarketBeat watchlists, some companies that other DRDGOLD investors own include Harmony Gold Mining (HMY), Alamos Gold (AGI), Kinross Gold (KGC), SSR Mining (SSRM), B2Gold (BTG), Advanced Micro Devices (AMD), Gold Fields (GFI), AngloGold Ashanti (AU) and Yamana Gold (AUY).
Who are DRDGOLD's major shareholders?: DRDGOLD's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.02%).
How do I buy shares of DRDGOLD?: Shares of DRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DRD) was last updated on 4/18/2024 by MarketBeat.com Staff

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DRDGOLD (DRD) Stock Price, News & Analysis

DRDGOLD MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About DRDGOLD Stock (NYSE:DRD)

DRD Stock Price History

DRD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

DRD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™