DRDGoldDRD
About: DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that 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; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the company's revenue.
Employees: 2,956
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
36% more capital invested
Capital invested by funds: $88.8M [Q2] → $121M (+$31.9M) [Q3]
0.05% more ownership
Funds ownership: 1.19% [Q2] → 1.24% (+0.05%) [Q3]
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
18% less funds holding
Funds holding: 77 [Q2] → 63 (-14) [Q3]
58% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 19
58% less call options, than puts
Call options by funds: $1.55M | Put options by funds: $3.69M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Heiko Ihle 54% 1-year accuracy 100 / 184 met price target | 71%upside $17.25 | Buy Maintained | 22 Jan 2025 |
Financial journalist opinion
Based on 3 articles about DRD published over the past 30 days
