DRDGOLD - DRD Stock Forecast, Price & News

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

1 brokerages have issued twelve-month target prices for DRDGOLD's stock. Their DRD share price forecasts range from $15.00 to $15.00. On average, they predict the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 63.6% from the stock's current price.
View analysts price targets for DRD or view top-rated stocks among Wall Street analysts.

DRDGOLD's stock was trading at $7.40 on January 1st, 2023. Since then, DRD shares have increased by 23.9% and is now trading at $9.17.
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DRDGOLD saw a decrease in short interest in February. As of February 28th, there was short interest totaling 387,100 shares, a decrease of 18.1% from the February 13th total of 472,900 shares. Based on an average daily volume of 220,500 shares, the days-to-cover ratio is currently 1.8 days.
View DRDGOLD's Short Interest.

DRDGOLD announced a -- dividend on Wednesday, February 15th. Shareholders of record on Friday, March 10th will be paid a dividend of $0.2212 per share on Thursday, March 23rd. This represents a yield of 3.3%. The ex-dividend date is Thursday, March 9th. This is a positive change from the stock's previous -- dividend of $0.14.
Read our dividend analysis for DRD.

ETFs with the largest weight of DRDGOLD (NYSE:DRD) stock in their portfolio include U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), Virtus Real Asset Income ETF (VRAI) and VanEck Gold Miners ETF (GDX).VanEck Junior Gold Miners ETF (GDXJ).

DRDGOLD (NYSE:DRD) pays an annual dividend of $0.17 per share and currently has a dividend yield of 1.90%. The dividend payout ratio is 17.53%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DRD.

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), Pan American Silver (PAAS), AngloGold Ashanti (AU) and Yamana Gold (AUY).

DRDGOLD trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRD."

DRDGOLD's stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (0.00%), Renaissance Technologies LLC (0.00%), U S Global Investors Inc. (0.00%), Jane Street Group LLC (0.00%), National Bank of Canada FI (0.16%) and Millennium Management LLC (0.00%).

Shares of DRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DRD stock can currently be purchased for approximately $9.17.

The company employs 2,959 workers across the globe.

DRDGOLD's mailing address is 1 Sixty Jan Smuts Building 2nd Floor - North Tower 160 Jan Smuts Avenue, Rosebank T3, 2193. The official website for the company is www.drdgold.com. The basic materials company can be reached via phone at (711) 470-2600, via email at james@rair.co.za, or via fax at 27-86-524-3061.