Separately, HC Wainwright began coverage on DRDGOLD in a report on Thursday, September 5th. They issued a “buy” rating and a $13.75 price target on the stock.
Shares of NYSE:DRD traded down $0.18 during midday trading on Tuesday, reaching $4.34. The company’s stock had a trading volume of 149,585 shares, compared to its average volume of 135,572. DRDGOLD has a fifty-two week low of $1.64 and a fifty-two week high of $5.20. The company has a market capitalization of $196.68 million, a P/E ratio of 54.25 and a beta of -0.36. The business’s fifty day simple moving average is $4.68 and its 200-day simple moving average is $3.37.
DRDGOLD Limited, a gold mining company, engages in surface gold tailings retreatment business in South Africa. The company's activities include exploration, extraction, processing, and smelting. It recovers gold from surface tailings in the central and western Witwatersrand basin in Gauteng province.
Featured Story: Is the Dow Jones Industrial Average (DJIA) still relevant?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for DRDGOLD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DRDGOLD and related companies with MarketBeat.com's FREE daily email newsletter.