Companies /Basic Materials

DRDGold Ltd

NYSE: DRD Gold
$22.56
▼ $1.72 (−7.08%) today
Markets open · 1:50pm ET

DRD at a Glance

Valuation
Market cap
$2.2B
P/E ratio
8.7
Dividend yield
4.11%
Profitability
Revenue (TTM)
$11.2B
Profit margin
38.1%
EPS (TTM)
$2.89
Price
52-week range
$19 – $38
Street target
$35.00

Headquartered in Constantia Office Park, Johannesburg Fiscal year ends June NYSE: DRD drdgold.com

About DRDGold

DRDGOLD Limited is a South African gold recovery company that extracts gold from the retreatment of surface tailings deposited by historical mining operations on the Witwatersrand Basin. The company operates through two principal subsidiaries: Ergo Mining Proprietary Limited, which processes tailings in the central and eastern Witwatersrand Basin, and Far West Gold Recoveries Proprietary Limited (FWGR), which operates in the western Witwatersrand Basin. DRDGOLD does not conduct conventional underground mining; instead, it reclaims gold from old mine dumps using large-scale metallurgical processing infrastructure. The company is listed on the Johannesburg Stock Exchange (JSE) and trades as American Depositary Receipts on the NYSE. DRDGOLD is majority-owned by Sibanye-Stillwater. The company is executing its Vision 2028 capital expansion programme, which includes the DP2 Plant expansion, the Regional Tailings Storage Facility, the Libanon reclamation station, and solar and battery energy storage initiatives to reduce reliance on grid electricity. The company operates debt-free and funds its capital programme from internally generated cash flows. Updated

DRD Coverage

Frequently Asked Questions

What does DRDGold do?

DRDGOLD Limited is a South African gold recovery company that extracts gold from the retreatment of surface tailings deposited by historical mining operations on the Witwatersrand Basin.

What is the DRD stock price target?

The Wall Street consensus 12-month price target for DRD is $35.00.