• 下载App


成功领取价值超 5000港元/年的高级行情
前往体验 >>

DRDGOLD (NYSE:DRD) Research Coverage Started at

DRDGOLD (NYSE:DRD) Research Coverage Started at

Financial News Live ·  03/20 20:23 began coverage on shares of DRDGOLD (NYSE:DRD – Get Rating) in a research note published on Thursday. The firm issued a buy rating on the basic materials company's stock.

Separately, HC Wainwright dropped their target price on DRDGOLD from $15.25 to $15.00 and set a buy rating for the company in a report on Thursday, February 16th.

Get DRDGOLD alerts:

DRDGOLD Stock Up 12.7 %

Shares of NYSE DRD opened at $8.35 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.30 and a current ratio of 4.92. The stock's 50-day simple moving average is $7.79 and its two-hundred day simple moving average is $6.69. DRDGOLD has a twelve month low of $4.66 and a twelve month high of $10.19.

DRDGOLD Increases Dividend

The company also recently announced a — dividend, which will be paid on Thursday, March 23rd. Stockholders of record on Friday, March 10th will be given a $0.2212 dividend. The ex-dividend date is Thursday, March 9th. This represents a dividend yield of 3.3%. This is a positive change from DRDGOLD's previous — dividend of $0.14.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DRD. Sargent Bickham Lagudis LLC bought a new position in DRDGOLD during the 3rd quarter valued at approximately $34,000. Creative Planning bought a new stake in shares of DRDGOLD in the third quarter worth about $59,000. Gamco Investors INC. ET AL bought a new stake in shares of DRDGOLD in the third quarter worth about $62,000. Quadrant Capital Group LLC increased its stake in DRDGOLD by 621.5% during the third quarter. Quadrant Capital Group LLC now owns 15,376 shares of the basic materials company's stock worth $84,000 after acquiring an additional 13,245 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new stake in DRDGOLD during the third quarter worth approximately $85,000.

DRDGOLD Company Profile

(Get Rating)

DRDGOLD Ltd. engages in the business of retreatment of surface gold. It operates through the following segments: Ergo, FWGR, and Other Reconciling Items. The Ergo segment treats slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields.

Recommended Stories

  • Get a free copy of the research report on DRDGOLD (DRD)
  • Which Gold Stocks Can Help You Hedge Bank Exposure?
  • Risk-Free Money Market vs. Bank Dividend Stock, Which is Better?
  • The End of Coca Cola's Compressed Margins
  • Enphase Energy is Still a Buy for Long-Term Growth Investors
  • The Worst Could be Behind for Adidas After CEO Change

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's FREE daily email newsletter.