FY2025 Earnings Forecast for DRDGOLD Issued By HC Wainwright

DRDGOLD Limited (NYSE:DRD) – Investment analysts at HC Wainwright lifted their FY2025 earnings per share estimates for shares of DRDGOLD in a report issued on Wednesday, January 22nd. HC Wainwright analyst H. Ihle now forecasts that the basic materials company will post earnings of $0.89 per share for the year, up from their prior estimate of $0.75. HC Wainwright has a “Buy” rating and a $17.25 price objective on the stock. The consensus estimate for DRDGOLD’s current full-year earnings is $0.75 per share. HC Wainwright also issued estimates for DRDGOLD’s FY2026 earnings at $0.90 EPS.

Separately, StockNews.com lowered DRDGOLD from a “buy” rating to a “hold” rating in a research note on Thursday, September 26th.

DRDGOLD Trading Up 6.7 %

Shares of DRD opened at $10.22 on Thursday. The stock’s 50 day moving average is $9.27 and its two-hundred day moving average is $9.65. The firm has a market capitalization of $883.19 million, a PE ratio of 8.58 and a beta of 1.05. DRDGOLD has a twelve month low of $6.48 and a twelve month high of $12.70.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in DRDGOLD by 53.0% in the 4th quarter. GAMMA Investing LLC now owns 3,240 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 1,122 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in DRDGOLD by 68.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,529 shares of the basic materials company’s stock valued at $39,000 after acquiring an additional 1,840 shares during the last quarter. Virtu Financial LLC acquired a new position in DRDGOLD in the 3rd quarter valued at $119,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in DRDGOLD in the 4th quarter valued at $176,000. Finally, Blue Trust Inc. raised its holdings in DRDGOLD by 488.4% in the 3rd quarter. Blue Trust Inc. now owns 36,144 shares of the basic materials company’s stock valued at $348,000 after acquiring an additional 30,001 shares during the last quarter. 14.70% of the stock is currently owned by institutional investors and hedge funds.

About DRDGOLD

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities. The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004.