Drdgold Limited Adr Stock Today
| DRD Stock | USD 7.82 0.07 0.89% |
Performance2 of 100
| Odds Of DistressLess than 1
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DRDGOLD Limited is trading at 7.82 as of the 24th of April 2024, a -0.89 percent decrease since the beginning of the trading day. The stock's lowest day price was 7.81. DRDGOLD Limited has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for DRDGOLD Limited ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of January 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 30th of September 1996 | Category Basic Materials |
DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. DRDGOLD Limited operates as a subsidiary of Sibanye Gold Limited. DRDGOLD operates under Gold classification in the United States and is traded on New York Stock Exchange.. The company has 86.15 M outstanding shares of which 1.28 M shares are currently shorted by investors with about 3.2 days to cover. More on DRDGOLD Limited ADR
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DRDGOLD Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. DRDGOLD Limited's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding DRDGOLD Limited or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Daniel Pretorius | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Gold and Gold Mining (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering DRDGOLD Limited report their recommendations after researching DRDGOLD Limited's financial statements, talking to executives and customers, or listening in on DRDGOLD Limited's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering DRDGOLD Limited ADR. The DRDGOLD consensus assessment is calculated by taking the average forecast from all of the analysts covering DRDGOLD Limited. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from DRDGOLD Limited's historical financial statements, DRDGOLD Limited ADR is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in May. Financial strength of DRDGOLD Limited ADR is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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DRDGOLD Limited's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to DRDGOLD Limited's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand DRDGOLD Limited's financial leverage. It provides some insight into what part of DRDGOLD Limited's total assets is financed by creditors.
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DRDGOLD Limited ADR (DRD) is traded on New York Stock Exchange in USA. It is located in Cycad House, Johannesburg, South Africa, 1709 and employs 927 people. DRDGOLD Limited is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 699.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DRDGOLD Limited's market, we take the total number of its shares issued and multiply it by DRDGOLD Limited's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. DRDGOLD Limited ADR runs under Metals & Mining sector within Materials industry. The entity has 86.15 M outstanding shares of which 1.28 M shares are currently shorted by investors with about 3.2 days to cover.
DRDGOLD Limited ADR has about 2.47 B in cash with 1.66 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 29.44, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check DRDGOLD Limited Probability Of Bankruptcy
Ownership AllocationDRDGOLD Limited ADR retains a total of 86.15 Million outstanding shares. Roughly 84.0 percent of DRDGOLD Limited outstanding shares are held by general public with 15.93 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check DRDGOLD Ownership Details
DRDGOLD Stock Price Odds Analysis
What are DRDGOLD Limited's target price odds to finish over the current price? Based on a normal probability distribution, the odds of DRDGOLD Limited jumping above the current price in 90 days from now is about 46.32%. The DRDGOLD Limited ADR probability density function shows the probability of DRDGOLD Limited stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.9148 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, DRDGOLD Limited will likely underperform. Additionally, dRDGOLD Limited ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of DRDGOLD Limited to move above the current price in 90 days from now is about 46.32 (This DRDGOLD Limited ADR probability density function shows the probability of DRDGOLD Stock to fall within a particular range of prices over 90 days) .
DRDGOLD Stock Institutional Holders
Institutional Holdings refers to the ownership stake in DRDGOLD Limited that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of DRDGOLD Limited's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing DRDGOLD Limited's value.| Instituion | Recorded On | Shares | |
| Guggenheim Capital Llc | 2023-12-31 | 104.1 K | |
| Ajovista Llc | 2023-12-31 | 99.6 K | |
| Hrt Financial Llc | 2023-12-31 | 95.3 K | |
| Bessemer Group Inc | 2023-12-31 | 87.2 K | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 84.6 K | |
| Walleye Trading Advisors, Llc | 2023-12-31 | 73.9 K | |
| Trexquant Investment Lp | 2023-12-31 | 72.6 K | |
| Grantham, Mayo, Van Otterloo & Co., Llc | 2023-12-31 | 68.9 K | |
| Susquehanna International Group, Llp | 2023-12-31 | 64.2 K | |
| Van Eck Associates Corporation | 2023-12-31 | 6.1 M | |
| Millennium Management Llc | 2023-12-31 | 999.1 K |
DRDGOLD Limited Historical Income Statement
DRDGOLD Limited ADR Income Statement is one of the three primary financial statements used for reporting DRDGOLD's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of DRDGOLD Limited ADR revenue and expense. DRDGOLD Limited Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, DRDGOLD Limited's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 1.7 B, whereas Interest Expense is forecasted to decline to about 48.5 M. View More FundamentalsDRDGOLD Stock Against Markets
Picking the right benchmark for DRDGOLD Limited stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in DRDGOLD Limited stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for DRDGOLD Limited is critical whether you are bullish or bearish towards DRDGOLD Limited ADR at a given time. Please also check how DRDGOLD Limited's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in DRDGOLD Limited without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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DRDGOLD Limited Corporate Directors
DRDGOLD Limited corporate directors refer to members of a DRDGOLD Limited board of directors. The board of directors generally takes responsibility for the DRDGOLD Limited's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of DRDGOLD Limited's board members must vote for the resolution. The DRDGOLD Limited board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Riaan Davel | CFO, Executive Director | Profile | |
| Johan Holtzhausen | Independent Non-Executive Director | Profile | |
| Toko Mnyango | Independent Non-Executive Director | Profile | |
| James Turk | Non-Executive Independent Director | Profile |
How to buy DRDGOLD Stock?
Before investing in DRDGOLD Limited, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in DRDGOLD Limited. To buy DRDGOLD Limited stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of DRDGOLD Limited. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase DRDGOLD Limited stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located DRDGOLD Limited ADR stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased DRDGOLD Limited ADR stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as DRDGOLD Limited ADR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy DRDGOLD Stock please use our How to Invest in DRDGOLD Limited guide.
Already Invested in DRDGOLD Limited ADR?
The danger of trading DRDGOLD Limited ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of DRDGOLD Limited is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than DRDGOLD Limited. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile DRDGOLD Limited ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether DRDGOLD Limited ADR is a strong investment it is important to analyze DRDGOLD Limited's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DRDGOLD Limited's future performance. For an informed investment choice regarding DRDGOLD Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DRDGOLD Limited ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for DRDGOLD Stock analysis
When running DRDGOLD Limited's price analysis, check to measure DRDGOLD Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DRDGOLD Limited is operating at the current time. Most of DRDGOLD Limited's value examination focuses on studying past and present price action to predict the probability of DRDGOLD Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DRDGOLD Limited's price. Additionally, you may evaluate how the addition of DRDGOLD Limited to your portfolios can decrease your overall portfolio volatility.
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Is DRDGOLD Limited's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DRDGOLD Limited. If investors know DRDGOLD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DRDGOLD Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.095 | Dividend Share 8.5 | Earnings Share 0.77 | Revenue Per Share 67.565 | Quarterly Revenue Growth 0.121 |
The market value of DRDGOLD Limited ADR is measured differently than its book value, which is the value of DRDGOLD that is recorded on the company's balance sheet. Investors also form their own opinion of DRDGOLD Limited's value that differs from its market value or its book value, called intrinsic value, which is DRDGOLD Limited's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DRDGOLD Limited's market value can be influenced by many factors that don't directly affect DRDGOLD Limited's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DRDGOLD Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRDGOLD Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRDGOLD Limited's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.