DRDGOLD

DRDGOLD Ltd. engages in the business of retreatment of surface gold. It operates through the following segments: Ergo, FWGR, and Other Reconciling Items. The Ergo segment treats slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields. The FWGR segment focuses on the slime dams in the West Rand goldfields. The company was founded on February 16, 1895 and is headquartered in Johannesburg, South Africa.

DRDGOLD Ltd. engages in the business of retreatment of surface gold. The company was founded on February 16, 1895, and is headquartered in Johannesburg, South Africa.

DRDGold Limited's stock has gained by more than 60% since the turn of the year while providing excellent diversification benefits. Sustained tail risk might add to a bullish case for gold prices and DRDGold alike. Additional volume from "Dam 3" and continuous developments in its renewable energy capacity add to DRDGold's prospects.

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DRDGOLD Limited (NYSE:DRD ) Q4 2022 Earnings Conference Call August 24, 2023 4:00 AM ET Company Participants Niel Pretorius - CEO Riaan Davel - CFO Jaco Schoeman - COO Conference Call Participants Niel Pretorius Good morning, everyone, and thank you very much for joining myself, Riaan and Jaco for our results presentation for the financial year ending the June 30, 2023. Before we start -- all right.

DRDGOLD Limited (DRD) Q4 2022 Earnings Call Transcript

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(Kitco News) - DRDGOLD said its HEPS increased in FY2023 mainly due to a 16% increase in the Rand gold price received as well as a 21% increase in yield to 0.227g/t from 0.188g/t.

Gold producer DRDGOLD says its earnings up in FY23 on higher Rand gold price and yield increase

DRDGOLD Limited stock is recommended as a Buy due to its positive correlation with the expected recovery of gold prices. The company's revenues and profitability are highly sensitive to the price of gold, making it well-positioned to benefit from a potential expansion in the price of gold. DRD's strong upside potential and current valuations make it an attractive investment opportunity.

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(Kitco News) - The company said that expected increases in EPS and HEPS for FY2023 compared to FY2022 is mainly due to a 16% increase in the Rand gold price received as well as a 21% increase in yield to 0.227g/t from 0.188g/t.

Gold producer DRDGOLD expects increase in earnings in FY23

DRDGOLD Limited is a standout gold mining company with an exceptional business model that focuses on reprocessing historical waste tailings and extracting leftover precious metals, making it perfect for the current ESG-focused investing environment. DRD has very high operating leverage to higher gold prices, and with inflation expectations potentially becoming unanchored, gold prices could be driven significantly higher, benefiting DRD. Although DRDGOLD's valuation is stretched, its stock price is likely to continue trading higher as long as gold prices maintain positive momentum.

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DRDGOLD Ltd (NYSE: DRD) is in focus a day after reporting a 4.0% sequential increase in gold production for its fiscal third quarter. DRDGOLD stock should be worth $15 Reacting to its earnings print, an H.C.

DRDGOLD stock still has another 10% upside from here, analyst says

(Kitco News) - DRDGOLD (NYSE: DRD), a South African gold producer that recovers gold from the retreatment of surface tailings, announced today that for the quarter ended 31 March 2023, its gold production increased by 4% from the previous quarter to 1,329 kg (~43 kozt), primarily due to higher yield.

DRDGOLD increases gold production 4% q-o-q, says adjusted EBITDA up 54%

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DRDGOLD (DRD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

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DRDGOLD (DRD) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

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The business model of DRDGOLD eliminates some of the risks faced by a typical miner. The relatively high AISC base of the company translates into higher torque in a rising gold price environment.

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DRDGOLD Ltd (NYSE:DRD, JSE:DRD, OTC:DRDGF) told investors it grew first-half revenue by 6% as it took advantage of a favorable gold price. The company, which recovers gold from processing mine dumps and tailings dams, reported revenue of 2.65 billion Rand (R) for the six months ended December 31, 2022 mainly as a result of an 11% increase in the average rand gold price received to R961,022 per kilogram (kg).

DRDGOLD says it will pay its 16th consecutive annual dividend as higher gold price boosts revenue

DRDGOLD Ltd (NYSE:DRD, JSE:DRD, OTC:DRDGF) has reported revenue of 2,654.3 million Rand (R) and cash operating costs of R1,839.5 million for the six months ended 31 December 2022. In a trading statement and update, the company said it expects to report earnings per share (EPS) and headline earnings per share (HEPS) of between 59.5 cents and 68.1 cents per share compared to EPS and HEPS of 58.0 cents per share each for the previous corresponding period.

DRDGOLD reports revenue of 2,654.3 million Rand for the six months ended 31 December 2022

DRDGOLD is trading at a 9-month high, rallying alongside the price of gold. While 2022 results were impacted by inflationary cost pressures, we see margins improving going forward as a tailwind for earnings.

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Johannesburg, South Africa--(Newsfile Corp. - November 8, 2022) - DRDGOLD Limited (JSE: DRD) (NYSE: DRD), today announced that Niel Pretorius, Chief Executive Officer of DRDGOLD Limited will be attending the Q4 Investor Summit live in NYC at the Sheraton Times Square. During the presentation, DRDGOLD's Chief Executive Officer, Niel Pretorius, will introduce the Company and its value proposition of gold-price exposure, ESG and dividend history.

DRDGOLD Limited to Present at Investor Summit Group's Q4 Conference

Gold production rose by 1% quarter on quarter to 46.715 ounces and the company is on track to meet its FY23 production guidance. EBITDA declined by 26% to $22.7 million but this was mainly due to a $4.7 million insurance claim.

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DRDGOLD Limited's management highlighted the South Africa-focused miner's environmental and sustainable credentials in a review of its performance for full year 2022, which saw output come in at the higher end of guidance. The company released its annual integrated report (AIR) for the 12 months ended June 30, which covers the group's financial, operational and growth, environmental, social, and health and safety performance.

News for DRDGOLD Stock (DRD)