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FY2025 Earnings Estimate for DRDGOLD Issued By HC Wainwright

DRDGOLD logo with Basic Materials background

DRDGOLD Limited (NYSE:DRD - Free Report) - Stock analysts at HC Wainwright lifted their FY2025 earnings estimates for shares of DRDGOLD in a research report issued to clients and investors on Wednesday, January 22nd. HC Wainwright analyst H. Ihle now expects that the basic materials company will post earnings per share of $0.89 for the year, up from their prior estimate of $0.75. HC Wainwright has a "Buy" rating and a $17.25 price target on the stock. The consensus estimate for DRDGOLD's current full-year earnings is $0.75 per share. HC Wainwright also issued estimates for DRDGOLD's FY2026 earnings at $0.90 EPS.

Separately, StockNews.com downgraded DRDGOLD from a "buy" rating to a "hold" rating in a report on Thursday, September 26th.

Read Our Latest Stock Report on DRDGOLD

DRDGOLD Trading Down 0.6 %

NYSE:DRD traded down $0.06 on Thursday, reaching $10.14. The stock had a trading volume of 185,617 shares, compared to its average volume of 221,858. DRDGOLD has a 12-month low of $6.48 and a 12-month high of $12.70. The stock has a market cap of $876.96 million, a P/E ratio of 8.52 and a beta of 1.05. The company has a 50-day moving average of $9.27 and a 200 day moving average of $9.65.

Hedge Funds Weigh In On DRDGOLD

Several large investors have recently modified their holdings of DRD. GAMMA Investing LLC boosted its holdings in shares of DRDGOLD by 53.0% in the 4th quarter. GAMMA Investing LLC now owns 3,240 shares of the basic materials company's stock valued at $28,000 after buying an additional 1,122 shares during the period. U S Global Investors Inc. acquired a new position in DRDGOLD in the third quarter valued at approximately $2,388,000. Van ECK Associates Corp grew its holdings in shares of DRDGOLD by 24.2% during the third quarter. Van ECK Associates Corp now owns 6,621,470 shares of the basic materials company's stock valued at $63,831,000 after purchasing an additional 1,291,541 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of DRDGOLD by 270.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 79,277 shares of the basic materials company's stock worth $683,000 after purchasing an additional 57,875 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in DRDGOLD by 488.4% during the 3rd quarter. Blue Trust Inc. now owns 36,144 shares of the basic materials company's stock worth $348,000 after buying an additional 30,001 shares during the last quarter. Institutional investors own 14.70% of the company's stock.

DRDGOLD Company Profile

(Get Free Report)

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities. The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004.

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