FY2025 Earnings Estimate for DRDGOLD Issued By HC Wainwright

DRDGOLD Limited (NYSE:DRD) – Analysts at HC Wainwright lifted their FY2025 earnings per share (EPS) estimates for DRDGOLD in a note issued to investors on Wednesday, January 22nd. HC Wainwright analyst H. Ihle now expects that the basic materials company will earn $0.89 per share for the year, up from their previous estimate of $0.75. HC Wainwright currently has a “Buy” rating and a $17.25 target price 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 downgraded DRDGOLD from a “buy” rating to a “hold” rating in a research report on Thursday, September 26th.

DRDGOLD Price Performance

NYSE:DRD opened at $10.14 on Thursday. DRDGOLD has a one year low of $6.48 and a one year high of $12.70. The company has a fifty day moving average price of $9.28 and a 200 day moving average price of $9.65. The stock has a market cap of $876.96 million, a P/E ratio of 8.52 and a beta of 1.05.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DRD. GAMMA Investing LLC raised its holdings in shares of DRDGOLD by 53.0% in the 4th quarter. GAMMA Investing LLC now owns 3,240 shares of the basic materials company’s stock worth $28,000 after buying an additional 1,122 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in DRDGOLD by 68.4% during the second quarter. EverSource Wealth Advisors LLC now owns 4,529 shares of the basic materials company’s stock worth $39,000 after buying an additional 1,840 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of DRDGOLD by 11.7% during the third quarter. JPMorgan Chase & Co. now owns 93,206 shares of the basic materials company’s stock worth $899,000 after buying an additional 9,765 shares in the last quarter. Virtu Financial LLC bought a new position in shares of DRDGOLD in the third quarter valued at approximately $119,000. Finally, Blue Trust Inc. boosted its holdings in shares of DRDGOLD by 41.3% in the 4th quarter. Blue Trust Inc. now owns 51,056 shares of the basic materials company’s stock worth $441,000 after acquiring an additional 14,912 shares in the last quarter. Institutional investors own 14.70% of the company’s stock.

DRDGOLD Company Profile

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.