News
DRD
7.93
+1.41%
0.11
Recent 7.3% pullback isn't enough to hurt long-term DRDGOLD (NYSE:DRD) shareholders, they're still up 404% over 5 years
DRDGOLD Limited (NYSE:DRD) has dropped 7.3% in the past week. The stock is 315% higher than it was five years ago. The company's share price is 25% lower in the last three years. But the company has a positive five-year return of 404%. The company has also lost 24% over the last 12 months. Simply Wall St looks at the fundamentals of the company to see if the stock is worth buying.
Simply Wall St · 18h ago
DRDGold Should Have A Strong Second Half Of FY24
South African gold producer DRDGold is likely to have a strong second half of FY24. The company's gold production and unit costs deteriorated in H1 FY24 due to delays in commissioning of two high-volume sites. The delays have been resolved and I expect gold production for the second half to be around 90,000 ounces. High gold prices and improved production could boost the company's EV/EBITDA ratio above 10x. DRD gold is the first company I covered on SA back in 2017.
Seeking Alpha · 1d ago
Geopolitical Relief Triggers Gold Selloff: Prices Dip Below $2,350 Mark, Mining Stocks Hit Hard
Gold prices declined 2.7% Monday to below $2,350 as geopolitical risks wane. Silver, closely associated with gold, experienced its most substantial drop since last October. Plummeting gold prices weighed on mining stocks, with the VanEck Gold Miners ETF witnessing a 4.3% decline.
Benzinga · 2d ago
Gold whacked in biggest one-day drop in over a year as Middle East fears ease
Gold futures fall more than 2% on Monday as Middle East fears ease. Most-active Comex gold contract for June delivery trades -2.5% to $2,532.80/oz. Worst one-day drop since February 3, 2023.
Seeking Alpha · 2d ago
Weekly Report: what happened at DRD last week (0415-0419)?
Weekly Report · 3d ago
Weekly Report: what happened at DRD last week (0408-0412)?
Weekly Report · 04/15 09:06
Weekly Report: what happened at DRD last week (0401-0405)?
Weekly Report · 04/08 09:06
Weekly Report: what happened at DRD last week (0325-0329)?
Weekly Report · 04/01 09:06
Is DRDGOLD Limited (DRD) Stock Outpacing Its Basic Materials Peers This Year?
NASDAQ · 03/29 13:40
Weekly Report: what happened at DRD last week (0318-0322)?
Weekly Report · 03/25 09:06
Commodity Roundup: Gold soars to new all-time high; ING says oil market 'overbought'
Gold soars to new all-time high; ING says oil market is 'overbought' Iron ore prices may be near a floor amid a reset in expectations around demand, ANZ says. Gold prices hit a record above $2,200 an ounce for the first time. The Federal Reserve maintained its outlook for three rate cuts this year.
Seeking Alpha · 03/21 10:18
DRDGOLD Limited's (NYSE:DRD) market cap dropped US$52m last week; individual investors who hold 50% were hit as were institutions
The largest shareholder of DRDGOLD Limited is Sibanye Stillwater Limited with a 50% stake in the company. Institutional ownership in DRdGOLD is 26% of the company's shares. The group with the most shares is public companies, which holds 50% of company. The company's largest shareholder is the public with a 23% stake. DRDgOLD has a market cap of US$667m. It's important to look at who owns the company to see who has control of DRdgOLD.
Simply Wall St · 03/19 11:09
Weekly Report: what happened at DRD last week (0311-0315)?
Weekly Report · 03/18 09:06
Weekly Report: what happened at DRD last week (0304-0308)?
Weekly Report · 03/11 09:06
Gold Stocks Could Gain In Catch-Up Rally, Says Peter Schiff: 'Explosive Move Up Can't Be Far Away'
Gold closed at a record high of $2,186.20 on Friday. An economist said gold mining stocks have lagged the rally in the yellow metal. Peter Schiff said investors could be selling gold miners to buy Bitcoin. He expects gold to open with a gap up at $2k200 on Monday.
Benzinga · 03/10 17:49
Gold Shines Brighter Than AI-Driven Semiconductor Stocks: 7 Mining Stocks To Watch With Prices At Record Highs
Gold surged past $2,160 per troy ounce this week, marking eight consecutive days of gains. The VanEck Gold Miners ETF has outperformed the AI-related semiconductor sector since late February. The gold mining industry is one of the most affordable industries in the world.
Benzinga · 03/07 21:30
Gold Hits All-Time Highs, Silver Rallies To 2024 Peak As Powell Hints At Fed Rate Cuts: 10 Mining Stocks Moving Wednesday
Gold prices soared 0.8% to $2,150/oz on Wednesday, surpassing the previous peak of $2.146/oz set in December 2023. Fed Chair Jerome Powell has hinted at potential monetary policy easing in 2024. The rise in gold and silver sparked a vigorous rally among mining stocks on Wednesday.
Benzinga · 03/06 17:43
Weekly Report: what happened at DRD last week (0226-0301)?
Weekly Report · 03/04 09:06
Comex gold settles at record high as disappointing U.S. data points to rate cuts
Seeking Alpha · 03/01 21:25
Friday Sector Leaders: Computers, Precious Metals
NASDAQ · 03/01 17:26
More
Webull provides a variety of real-time DRD stock news. You can receive the latest news about Drdgold through multiple platforms. This information may help you make smarter investment decisions.
About DRD
DRDGOLD Limited is a South Africa-based holding company. The Company is primarily involved in the retreatment of surface gold tailings. The Company’s business includes Ergo, Far West Gold Recoveries (FWGR), Hot Button Features and Resources and Reserves. Ergo business is a surface gold retreatment operation, which treats old slime dams and sand dumps to the south of Johannesburg’s central business district, as well as the East and Central Rand goldfields. The operation comprises three plants. The Ergo and Knights plants operate as metallurgical plants. The Ergo plant treats around 1.7 Mtpm of material. The City Deep plant operates as a pump/milling station feeding the metallurgical plants. The Company’s FWGR is a surface gold retreatment operation that treats old slime dams in the West Rand goldfields and is located near Carletonville in South Africa’s Gauteng province. Mineral Resources consist of sand dumps, slimes dams and silted areas and dams.