Workflow
DRDGOLD (DRD)
icon
Search documents
DRDGOLD: Stay Long This Unique Gold Producer
Seeking Alpha· 2025-04-21 06:42
Core Viewpoint - The author expresses a renewed interest in DRDGOLD Limited (NYSE: DRD) after a two-year hiatus, indicating a personal investment in the company and a positive outlook on its performance [1]. Company Summary - DRDGOLD Limited is a company that has been part of the author's retirement portfolio, suggesting a long-term investment perspective [1]. - The author has a beneficial long position in DRDGOLD shares, indicating confidence in the company's future performance [2]. Industry Context - The article does not provide specific details about the broader industry context or market conditions affecting DRDGOLD Limited. Therefore, no relevant points can be summarized in this section.
Here's Why Momentum in DRDGOLD (DRD) Should Keep going
ZACKS· 2025-04-11 13:50
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2][3]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their recent uptrend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - DRDGOLD (DRD) is highlighted as a suitable candidate that passed through this screening process, showing a significant price increase of 64.7% over the past 12 weeks, reflecting investor confidence [4]. - A recent price increase of 7.9% over the last four weeks further confirms that the upward trend for DRD is still intact, with the stock currently trading at 91.9% of its 52-week high-low range, suggesting a potential breakout [5]. Group 2: Fundamental Strength Indicators - DRD holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a proven track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988, indicating the effectiveness of this ranking in identifying strong investment opportunities [7]. - The Average Broker Recommendation for DRD is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding the stock's near-term performance [7]. Group 3: Additional Investment Opportunities - Besides DRD, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting a broader range of investment opportunities for trend-focused investors [8]. - The article encourages investors to explore over 45 Zacks Premium Screens tailored to different investing styles, which can help in identifying potential winning stocks [8].
DRDGOLD (DRD) - 2025 Q2 - Earnings Call Presentation
2025-03-28 02:44
Presentation of RESULTS for the six months ended 31 December 2024 Niël Pretorius Chief Executive Officer Riaan Davel Chief Financial Officer Results for the six months ended 31 December 2024 / Page 2 DISCLAIMER Many factors could cause the actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward- looking statements, including, among others, adverse changes or uncertainties in general economic ...
3 Best Breakout Stocks to Buy Now: DRD, NWG, ORLA
ZACKS· 2025-03-04 13:31
Core Insights - The article discusses an active investing approach focused on identifying breakout stocks, emphasizing the importance of support and resistance levels in making investment decisions [1][2][3] Group 1: Breakout Stocks Selection - Breakout stocks are selected based on their price movements relative to established support and resistance levels, with a strategy to sell if prices drop below the lower band and hold for gains if they surpass the upper band [1][3] - The article identifies three breakout stocks for the day: DRDGOLD Limited, NatWest Group plc, and Orla Mining Ltd. [1] Group 2: Screening Criteria - The screening criteria for selecting breakout stocks include: - A percentage price change over four weeks between 10% and 20% [6] - Current price being at least 90% of the 52-week high [6] - Zacks Rank of 2 or better, indicating strong buy or buy ratings [6] - A beta for 60 months less than or equal to 2, indicating reasonable volatility [6] - Current price less than or equal to $20, ensuring stocks are reasonably priced [6] Group 3: Company Profiles - **DRDGOLD Limited**: A gold mining company with an expected earnings growth rate of 29.3% for the current year and a Zacks Rank of 1 [7] - **NatWest Group**: A provider of banking and financial products with an expected earnings growth rate of 6.8% for the current year and a Zacks Rank of 1 [9] - **Orla Mining**: Engaged in acquiring, exploring, and developing mineral properties, with an expected earnings growth rate of 60% for the current year and a Zacks Rank of 2 [10]
DRDGOLD (DRD) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2025-02-21 14:50
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting that timing entries into trends is crucial for profitability [1][2]. Group 1: Stock Performance - DRDGOLD (DRD) has shown a solid price increase of 22.3% over the past 12 weeks, indicating strong investor interest and potential upside [4]. - The stock has also increased by 15% over the past four weeks, suggesting that the upward trend is still intact [5]. - Currently, DRD is trading at 83% of its 52-week high-low range, indicating it may be on the verge of a breakout [5]. Group 2: Fundamental Strength - DRD holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like DRD that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are several other stocks passing through the "Recent Price Strength" screen, providing additional investment opportunities [8].
DRDGOLD (DRD) - 2022 Q1 - Quarterly Report
2025-02-18 14:21
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 6-K REPORT OF A FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 February 18, 2025 Commission File Number 0-28800 ______________________ Form 20-F Form 40-F Exhibit 99.1 Release dated February 18, 2025 "CONDENSED CONSOLIDATED UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2024 AND CASH DIVIDEND DECLARATION" 99.2 Release dated February 18, 2025 "CONDENSED CON ...
DRDGOLD (DRD) - 2025 H1 - Earnings Call Transcript
2025-02-18 09:00
DRDGOLD (DRD) H1 2025 Earnings Call February 18, 2025 03:00 AM ET Company Participants Niël Pretorius - CEO & Executive DirectorRiaan Davel - CFO & Executive DirectorJaco Schoeman - COO Niël Pretorius Good morning, everyone. Thank you very much for joining us. With me on the panel today is Rehan Dahlpe, Dolfel, our CFO and Jocos Kumman, our COO. We're going to take you through the presentation and then we'll have a short video. And afterwards, we're happy to take your questions. We are doing this webinar fr ...
DRDGOLD (DRD) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-01-23 18:01
Core Viewpoint - DRDGOLD has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to significant buying or selling activity that affects stock prices [3]. Company Performance and Outlook - The upgrade for DRDGOLD reflects an improvement in the company's underlying business, with rising earnings estimates expected to drive the stock price higher [4][9]. - DRDGOLD is projected to earn $0.89 per share for the fiscal year ending June 2025, representing an 8.5% year-over-year increase [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6][8]. - DRDGOLD's upgrade places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [9].
DRDGOLD Limited to Attend 121 Mining Investment Conference in Dubai
Newsfile· 2024-11-19 13:00
Group 1 - DRDGOLD Limited is participating in the 121 Mining Investment Conference in Dubai, presenting recent and future activities [1] - The conference will host over 40 mining companies and more than 150 sophisticated investors for targeted 1-2-1 meetings [1][2] - The event is scheduled for November 19-20, 2024 [3] Group 2 - The 121 Mining Investment series connects institutional fund managers, private equity groups, and family offices with mining company management for private meetings [5] - The event series has a global presence, covering locations such as London, New York, Cape Town, Dubai, and Singapore [5] Group 3 - DRDGOLD Limited specializes in reclaiming surface gold resources and utilizes technology to produce gold while rehabilitating land for social and industrial development [6] - The company aligns its operations with "Green Mining" principles, focusing on profitability and value creation for stakeholders [6]
DRDGOLD Announces Participation in 121 Mining Investment Conference in London
Newsfile· 2024-11-14 13:00
Company Participation - DRDGOLD is participating in the 121 Mining Investment Conference in London, where Niël Pretorius will present the company's recent and future activities [1] - The conference will host over 150 mining companies and more than 500 investors for targeted 1-2-1 meetings [1][2] Conference Details - The event is scheduled for November 14-15, 2024, and includes a curated schedule of pre-booked meetings and expert commentary on industry developments [2] - Investors can register for a free pass to attend the conference [2] Industry Context - 121 Mining Investment connects portfolio managers and analysts from institutional funds, private equity groups, and family offices with mining company management teams for private meetings [2][3] - The global event series has expanded to cover locations including London, New York, Cape Town, Dubai, and Singapore, along with online editions throughout the year [3] Company Overview - DRDGOLD Limited is a South African leader in reclaiming surface gold resources (tailings) and utilizes technology to produce gold while rehabilitating land for social and industrial development [4]