company background image
DRD logo

DRDGOLD NYSE:DRD Stock Report

Last Price

US$8.79

Market Cap

US$757.3m

7D

-4.9%

1Y

8.3%

Updated

22 Dec, 2024

Data

Company Financials +

DRDGOLD Limited

NYSE:DRD Stock Report

Market Cap: US$757.3m

DRD Stock Overview

A gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa. More details

DRD fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 78.3% below our estimate of its fair value

Revenue is forecast to grow 10.27% per year

Earnings grew by 3.7% over the past year

Risk Analysis

High level of non-cash earnings

Dividend of 2.48% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

DRDGOLD Limited Competitors

McEwen Mining

NYSE:MUX

US$422.4m

Caledonia Mining

NYSEAM:CMCL

US$179.1m

Compañía de Minas BuenaventuraA

NYSE:BVN

US$3.2b

Fortitude Gold

OTCPK:FTCO

US$120.6m

Price History & Performance

Summary of share price highs, lows and changes for DRDGOLD
Historical stock prices
Current Share PriceUS$8.79
52 Week HighUS$12.70
52 Week LowUS$6.48
Beta1.08
1 Month Change-9.29%
3 Month Change-11.39%
1 Year Change8.25%
3 Year Change6.67%
5 Year Change70.02%
Change since IPO-89.01%

Recent News & Updates

DRDGOLD's (NYSE:DRD) Profits Appear To Have Quality Issues

Nov 07
DRDGOLD's (NYSE:DRD) Profits Appear To Have Quality Issues

Recent updates

DRDGOLD's (NYSE:DRD) Profits Appear To Have Quality Issues

Nov 07
DRDGOLD's (NYSE:DRD) Profits Appear To Have Quality Issues

DRDGOLD: Why I'm Sticking With My Bullish Outlook

Sep 21

DRDGOLD Limited's (NYSE:DRD) Share Price Is Matching Sentiment Around Its Earnings

Sep 18
DRDGOLD Limited's (NYSE:DRD) Share Price Is Matching Sentiment Around Its Earnings

DRDGold Has Steam, But Better From A Dip

Jul 12

DRDGOLD (NYSE:DRD) Is Experiencing Growth In Returns On Capital

Jun 21
DRDGOLD (NYSE:DRD) Is Experiencing Growth In Returns On Capital

DRDGOLD's (NYSE:DRD) Solid Profits Have Weak Fundamentals

Feb 21
DRDGOLD's (NYSE:DRD) Solid Profits Have Weak Fundamentals

Many Still Looking Away From DRDGOLD Limited (NYSE:DRD)

Feb 09
Many Still Looking Away From DRDGOLD Limited (NYSE:DRD)

DRDGOLD: Lower Price Target Ahead Of Expected Gold Rally (Rating Downgrade)

Jan 30

DRDGold: Strong Upside Potential Awaits Bullish Gold

Nov 16

DRDGOLD's (NYSE:DRD) Returns On Capital Are Heading Higher

Nov 12
DRDGOLD's (NYSE:DRD) Returns On Capital Are Heading Higher

If EPS Growth Is Important To You, DRDGOLD (NYSE:DRD) Presents An Opportunity

Aug 16
If EPS Growth Is Important To You, DRDGOLD (NYSE:DRD) Presents An Opportunity

DRDGOLD (NYSE:DRD) Might Have The Makings Of A Multi-Bagger

Jul 10
DRDGOLD (NYSE:DRD) Might Have The Makings Of A Multi-Bagger

DRDGOLD: Minting Gold From Waste

Jun 03

Here's Why DRDGOLD (NYSE:DRD) Has Caught The Eye Of Investors

May 05
Here's Why DRDGOLD (NYSE:DRD) Has Caught The Eye Of Investors

DRDGOLD's (NYSE:DRD) Returns On Capital Are Heading Higher

Mar 29
DRDGOLD's (NYSE:DRD) Returns On Capital Are Heading Higher

DRDGold: Bullish On Easing Cost Pressures Into Gold Momentum

Jan 11

We Take A Look At Whether DRDGOLD Limited's (NYSE:DRD) CEO May Be Underpaid

Nov 22
We Take A Look At Whether DRDGOLD Limited's (NYSE:DRD) CEO May Be Underpaid

DRDGold: Stable Q3 2022 Production And Financial Results And I'm Bullish

Nov 08

DRDGOLD goes ex dividend tomorrow

Sep 21

DRDGOLD (NYSE:DRD) Has Announced That Its Dividend Will Be Reduced To ZAR0.1801

Sep 01
DRDGOLD (NYSE:DRD) Has Announced That Its Dividend Will Be Reduced To ZAR0.1801

DRDGOLD FY 2022 Earnings Preview

Aug 23

There's Been No Shortage Of Growth Recently For DRDGOLD's (NYSE:DRD) Returns On Capital

May 13
There's Been No Shortage Of Growth Recently For DRDGOLD's (NYSE:DRD) Returns On Capital

DRDGold Limited: The Selloff Seems Overdone

May 11

DRDGOLD (NYSE:DRD) Is Paying Out Less In Dividends Than Last Year

Feb 20
DRDGOLD (NYSE:DRD) Is Paying Out Less In Dividends Than Last Year

DRDGold: Bullish Into The Breakout Higher In Gold Prices

Feb 17

Shareholders Would Enjoy A Repeat Of DRDGOLD's (NYSE:DRD) Recent Growth In Returns

Jan 27
Shareholders Would Enjoy A Repeat Of DRDGOLD's (NYSE:DRD) Recent Growth In Returns

DRDGOLD: Our Recommendation After Third Quarter Results

Oct 27

DRDGOLD (NYSE:DRD) Is Very Good At Capital Allocation

Oct 07
DRDGOLD (NYSE:DRD) Is Very Good At Capital Allocation

DRDGold Is A Gold Blend Of High Dividend Yield And ESG

Jul 15

DRDGOLD (NYSE:DRD) Is Very Good At Capital Allocation

Jun 24
DRDGOLD (NYSE:DRD) Is Very Good At Capital Allocation

If You Like EPS Growth Then Check Out DRDGOLD (NYSE:DRD) Before It's Too Late

Jun 06
If You Like EPS Growth Then Check Out DRDGOLD (NYSE:DRD) Before It's Too Late

Potential Upside For DRDGOLD Limited (NYSE:DRD) Not Without Risk

Apr 01
Potential Upside For DRDGOLD Limited (NYSE:DRD) Not Without Risk

How Does DRDGOLD Limited (NYSE:DRD) Fare As A Dividend Stock?

Mar 17
How Does DRDGOLD Limited (NYSE:DRD) Fare As A Dividend Stock?

The Trend Of High Returns At DRDGOLD (NYSE:DRD) Has Us Very Interested

Mar 02
The Trend Of High Returns At DRDGOLD (NYSE:DRD) Has Us Very Interested

What Can We Learn About DRDGOLD's (NYSE:DRD) CEO Compensation?

Feb 17
What Can We Learn About DRDGOLD's (NYSE:DRD) CEO Compensation?

Declining Stock and Solid Fundamentals: Is The Market Wrong About DRDGOLD Limited (NYSE:DRD)?

Feb 04
Declining Stock and Solid Fundamentals: Is The Market Wrong About DRDGOLD Limited (NYSE:DRD)?

Shareholder Returns

DRDUS Metals and MiningUS Market
7D-4.9%-6.6%-2.4%
1Y8.3%-5.3%23.4%

Return vs Industry: DRD exceeded the US Metals and Mining industry which returned -5.5% over the past year.

Return vs Market: DRD underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is DRD's price volatile compared to industry and market?
DRD volatility
DRD Average Weekly Movement7.1%
Metals and Mining Industry Average Movement8.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: DRD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DRD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1895927Niel Pretoriuswww.drdgold.com

DRDGOLD Limited, a gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa. It sells gold and silver bullion. It is involved in provision care and maintenance services; and operation of training center.

DRDGOLD Limited Fundamentals Summary

How do DRDGOLD's earnings and revenue compare to its market cap?
DRD fundamental statistics
Market capUS$757.26m
Earnings (TTM)US$72.51m
Revenue (TTM)US$340.53m

10.4x

P/E Ratio

2.2x

P/S Ratio

Is DRD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DRD income statement (TTM)
RevenueR6.24b
Cost of RevenueR4.43b
Gross ProfitR1.81b
Other ExpensesR481.10m
EarningsR1.33b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)15.42
Gross Margin29.00%
Net Profit Margin21.29%
Debt/Equity Ratio0%

How did DRD perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

26%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:22
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DRDGOLD Limited is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Herbert KharivheAbsa Bank Limited
Adrian HammondBNP Paribas Securities (Asia)
Avishkar NagaserBofA Global Research