DRDGOLD Limited (NYSE: DRD) is -27.71% lower on its value in year-to-date trading and has touched a low of $5.38 and a high of $10.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DRD stock was last observed hovering at around $6.12 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $6.13, the stock is 6.84% and -1.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.16% at the moment leaves the stock -24.99% off its SMA200. DRD registered -40.83% loss for a year compared to 6-month loss of -24.04%.
The stock witnessed a 0.33% gain in the last 1 month and extending the period to 3 months gives it a -23.76%, and is 6.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.07% over the week and 5.37% over the month.
DRDGOLD Limited (DRD) has around 2791 employees, a market worth around $525.95M and $280.80M in sales. Current P/E ratio is 9.14. Profit margin for the company is 20.60%. Distance from 52-week low is 13.94% and -44.17% from its 52-week high. The company has generated returns on investments over the last 12 months (26.50%).
The EPS is expected to grow by 106.40% this year.
DRDGOLD Limited (DRD) Top Institutional Holders
The shares outstanding are 85.56M, and float is at 39.79M with Short Float at 2.03%.
DRDGOLD Limited (DRD): Who are the competitors?
The company’s main competitors (and peers) include Gold Fields Limited (GFI) that is trading -3.15% down over the past 12 months and Harmony Gold Mining Company Limited (HMY) that is -21.55% lower over the same period. AngloGold Ashanti Limited (AU) is -25.44% down on the 1-year trading charts.