$ 25.88
Key Takeaways
Risk factor
Sufficiently resilient to price shocks
Profitability factor
Very strong margins and returns
About
DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. The company is involved in the exploration, extraction, processing, and smelting activities. It recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa....
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on E
Target Price
The average target price of DRD is 16 and suggests 44% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decrea