NYSE:DRD

DRDGOLD - DRD Stock Forecast, Price & News

$9.47

-0.15 (-1.56%)

(As of 03/29/2023 02:14 PM ET)

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Today's Range: $9.33
▼
$9.65
50-Day Range: $6.77
▼
$9.62
52-Week Range: $4.66
▼
$10.02

Volume: 255,941 shs
Average Volume: 334,140 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 1.80%
Price Target: $15.00

Institutional Ownership

DRDGOLD MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 58.4% Upside
$15.00 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.13
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

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.
Price Target Upside/Downside
According to analysts' consensus price target of $15.00, DRDGOLD has a forecasted upside of 58.4% from its current price of $9.47.
Amount of Analyst Coverage
DRDGOLD has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
DRDGOLD has a short interest ratio ("days to cover") of 2.2, 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 77.53%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
DRDGOLD pays a meaningful dividend of 1.80%, 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.

2.9

News and Social Media Coverage

News Sentiment
DRDGOLD has a news sentiment score of 0.13. 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 0.32 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for DRDGOLD this week, compared to 1 article on an average week.
Search Interest
20 people have searched for DRD on MarketBeat in the last 30 days.
MarketBeat Follows
7 people have added DRDGOLD to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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.

0.0

Earnings and Valuation

Price to Book Value per Share Ratio
DRDGOLD has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About DRDGOLD (NYSE:DRD) Stock

DRDGOLD Ltd. engages in the business of retreatment of surface gold. It operates through the following segments: Ergo, FWGR, and Other Reconciling Items. The Ergo segment treats slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields. The FWGR segment focuses on the slime dams in the West Rand goldfields. The company was founded on February 16, 1895 and is headquartered in Johannesburg, South Africa.

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DRD Stock News Headlines

March 26, 2023 | americanbankingnews.com

DRDGOLD (NYSE:DRD) Share Price Passes Above 200 Day Moving Average of $6.79

March 24, 2023 | finance.yahoo.com

DRDGOLD (DRD) Is a Great Choice for 'Trend' Investors, Here's Why

March 29, 2023 | Weiss Ratings (Ad)

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March 22, 2023 | americanbankingnews.com

Vista Gold (NYSE:VGZ) versus DRDGOLD (NYSE:DRD) Financial Contrast

March 6, 2023 | finance.yahoo.com

With EPS Growth And More, DRDGOLD (NYSE:DRD) Makes An Interesting Case

February 18, 2023 | finance.yahoo.com

DRDGOLD First Half 2023 Earnings: EPS: R6.23 (vs R5.80 in 1H 2022)

February 11, 2023 | finance.yahoo.com

DRDGOLD Limited (DRD) Stock Historical Prices & Data - Yahoo Finance

January 23, 2023 | msn.com

JSE rallies to another record buoyed by risk-on investor sentiment

March 29, 2023 | The Oxford Club (Ad)

My No. 1 dividend stock for a LIFETIME of income.

Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.

January 5, 2023 | finance.yahoo.com

DRDGOLD Limited (DRD.JO)

December 13, 2022 | finance.yahoo.com

DRDGOLD Limited (NYSE:DRD) most popular amongst public companies who own 50% of the shares, institutions hold 25%

November 22, 2022 | finance.yahoo.com

We Discuss Why The CEO Of DRDGOLD Limited (NYSE:DRD) Is Due For A Pay Rise

November 13, 2022 | finance.yahoo.com

DRDGOLD Limited's (NYSE:DRD) Stock Is Going Strong: Is the Market Following Fundamentals?

November 8, 2022 | finance.yahoo.com

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

October 25, 2022 | proactiveinvestors.com

DRDGOLD plans increased capital expenditure and dividend due to strong cash position

October 19, 2022 | streetinsider.com

Form 6-K DRDGOLD LTD For: Oct 19 - StreetInsider.com

October 19, 2022 | proactiveinvestors.com

News snapshot: DRDGold, ChitogenX, Transition Metals, New Pacific Metals, Real Luck Group... - Proactive Investors USA

October 19, 2022 | proactiveinvestors.com

DRDGOLD reports 1% rise in gold production quarter-on-quarter - Proactive Investors USA

October 14, 2022 | finance.yahoo.com

Those who invested in DRDGOLD (NYSE:DRD) five years ago are up 72%

October 9, 2022 | reuters.com

DRDJ.J - DRDGOLD Ltd | Stock Price & Latest News | Reuters

September 29, 2022 | nasdaq.com

Thursday Sector Leaders: Precious Metals, Trucking Stocks - Nasdaq

September 29, 2022 | finance.yahoo.com

Dover Operating Companies Will Have a Substantial Presence at Premier Convenience Store and Retail Fueling Industry Trade Show - Yahoo Finance

September 28, 2022 | finance.yahoo.com

The Return Trends At DRDGOLD (NYSE:DRD) Look Promising

September 25, 2022 | nasdaq.com

DRDGOLD Limited's (NYSE:DRD) market cap dropped US$52m last week; Public companies bore the brunt

September 16, 2022 | proactiveinvestors.com

NA Proactive news snapshot: Toubani Resources, Infinity Stone Ventures, Spanish Mountain Gold, SWMBRD Sports, Nextech AR Solutions, Revive Therapeutics,...UPDATE - Proactive Investors USA

September 16, 2022 | proactiveinvestors.com

NA Proactive news snapshot: SWMBRD Sports, Nextech AR Solutions, Revive Therapeutics, Todos Medical, Forte Minerals, American Resources Corporation... - Proactive Investors USA

September 2, 2022 | au.finance.yahoo.com

DRDGOLD (NYSE:DRD) Is Paying Out Less In Dividends Than Last Year - Yahoo Finance Australia

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30 days | 90 days | 365 days | Advanced Chart

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DRD Company Calendar

Ex-Dividend for 3/23 Dividend: 3/09/2023
Dividend Payable: 3/23/2023
Today: 3/29/2023
Fiscal Year End: 6/30/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
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: 2,959
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $15.00
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $15.00
Forecasted Upside/Downside: +55.9%
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: 0.01
Current Ratio: 4.92
Quick Ratio: 4.30

Sales & Book Value

Annual Sales: $336.84 million
Price / Sales: N/A
Cash Flow: $1.11 per share
Price / Cash Flow: 8.69
Book Value: $4.14 per share
Price / Book: 2.32

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Optionable
Beta: 1.19

Key Executives

Daniël Johannes Pretorius
Chief Executive Officer, Executive Director & MD

Adriaan Jacobus Davel
Chief Financial Officer & Executive Director

Shalin Naidoo
Chief Information & Technology Officer

Deon Thomas van der Mescht
Head-South African Operations

Wilhelm Jacobus Schoeman
Executive Officer-Business Development

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

DRD Stock - Frequently Asked Questions

Should I buy or sell DRDGOLD stock right now?: 1 Wall Street equities research 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 equities research analysts is that investors should "buy" DRD shares.
View DRD analyst ratings or view top-rated stocks.
What is DRDGOLD's stock price forecast for 2023?: 1 Wall Street research analysts have issued twelve-month target prices for DRDGOLD's shares. Their DRD share price forecasts range from $15.00 to $15.00. On average, they predict the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 55.9% 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 2023?: DRDGOLD's stock was trading at $7.40 at the beginning of 2023. Since then, DRD stock has increased by 30.0% and is now trading at $9.62.
View the best growth stocks for 2023 here.
Are investors shorting DRDGOLD?: DRDGOLD saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 687,200 shares, an increase of 77.5% from the February 28th total of 387,100 shares. Based on an average daily trading volume, of 313,900 shares, the days-to-cover ratio is presently 2.2 days.
View DRDGOLD's Short Interest.
How often does DRDGOLD pay dividends? What is the dividend yield for DRDGOLD?: DRDGOLD declared a -- dividend on Wednesday, February 15th. Investors of record on Friday, March 10th will be given 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 an increase from the stock's previous -- dividend of $0.14.
Read our dividend analysis for DRD.
What ETFs hold DRDGOLD's stock?: 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).

Is DRDGOLD a good dividend stock?: DRDGOLD (NYSE:DRD) pays an annual dividend of $0.17 per share and currently has a dividend yield of 1.80%.
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), Pan American Silver (PAAS), AngloGold Ashanti (AU) and Yamana Gold (AUY).
What is DRDGOLD's stock symbol?: DRDGOLD trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRD."
Who are DRDGOLD's major shareholders?: DRDGOLD's stock is owned by a number of institutional and retail investors. Top institutional shareholders 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%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is DRDGOLD's stock price today?: One share of DRD stock can currently be purchased for approximately $9.62.
How many employees does DRDGOLD have?: The company employs 2,959 workers across the globe.
How can I contact DRDGOLD?: 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.

This page (NYSE:DRD) was last updated on 3/29/2023 by MarketBeat.com Staff

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DRDGOLD - DRD Stock Forecast, Price & News

DRDGOLD MarketRank™ Forecast

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 (NYSE:DRD) Stock

DRD Stock News Headlines

DRD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

DRD Stock - Frequently Asked Questions

Overall MarketRank^™