DRDGold
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 Q4 regulatory disclosures by fund managers ($100M+ AUM)
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
17% more funds holding
Funds holding: 64 [Q3] → 75 (+11) [Q4]
0.09% less ownership
Funds ownership: 1.24% [Q3] → 1.15% (-0.09%) [Q4]
16% less call options, than puts
Call options by funds: $820K | Put options by funds: $972K
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
29% less capital invested
Capital invested by funds: $121M [Q3] → $85.9M (-$34.8M) [Q4]
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 58% 1-year accuracy 115 / 200 met price target | 9%upside $16.25 | Buy Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 4 articles about DRD published over the past 30 days
