DRD
BuyFallen FavouriteAI neutralDRDGOLD Limited · Basic Materials · South Africa · $2.2B
$24.30 +0.2% · close 2 Oct · scored 6 Oct
Fallen Favourite: A good business, still expensive, and the price is falling.
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DRDGOLD recovers gold from old mine tailings around Johannesburg and in the Far West Rand, a lower-risk model than deep underground mining. Its fiscal 2026 results showed record production and very strong margins, it has a debt-free balance sheet and it pays dividends, which explains the very high quality score. However, its profits move almost entirely with the gold price, it is concentrated in South Africa with its power and regulatory risks, and insiders sold about 0.16% of the shares recently. Gold is consolidating after record highs, so the earnings tailwind may already be at its peak.
ABOUT DRDGOLD LIMITED
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DRDGOLD Limited is a gold mining company specializing in the extraction of gold from surface tailings (mine dumps) in South Africa, re-processing historical gold mine waste for economic recovery. The company benefits from a unique business model focused on lower-cost, lower-risk surface gold mining, avoiding the complexities and capital intensity of deep-level conventional mining. DRDGOLD is a niche gold producer focused on environmentally responsible extraction from tailings, offering a distinct investment profile.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2026 | CAGR | TTM | 2027E | 2028E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 316.4M | 307.4M | 330.1M | 374.7M | 670.2M | 16.2% | 670.5M | 692.5M | 820.4M | 10.6% |
| EPS | 10.08 | 0.79 | 0.90 | 0.93 | — | -54.9% | 2.99 | 0.84 | — | -3.4% |
| Shares | 86.7M | 858.0M | 860.7M | 861.5M | — | +893.2% | — | — | — | — |
| Debt | 3.3M | 3.1M | 2.4M | 1.8M | 0.7M | -26.9% | 0.7M | — | — | — |
| Equity | 289.5M | 326.7M | 376.8M | 413.7M | 765.6M | 21.5% | — | — | — | — |
| Op CF | 94.5M | 90.0M | 99.4M | 110.8M | 340.8M | 29.2% | 341.0M | — | — | — |
| Inv CF | -26.8M | -37.6M | -71.3M | -182.7M | -204.7M | — | — | — | — | — |
| Fin CF | -39.2M | -32.0M | -32.0M | -45.1M | -48.2M | — | — | — | — | — |
Swung more than 74% of stocks we rank over the past year (59% a year).
How this is worked out
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of DRD are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| DRD | DRDGOLD Limited(you) | $2.2B | 80 | Buy |
| PAN.JO | Pan African Resources PLC | $3.6B | 85 | Strong Buy |
| HMY | Harmony Gold Mining Company Limited | $11.7B | 96 | Strong Buy |
| GFI | Gold Fields Limited | $36.4B | 82 | Strong Buy |
| ARI.JO | African Rainbow Minerals Limited | $2.0B | 77 | Buy |
| KIO.JO | Kumba Iron Ore Limited | $4.4B | 92 | Strong Buy |
| NPH.JO | Northam Platinum Holdings Limited | $6.4B | 74 | Buy |
| IMP.JO | Impala Platinum Holdings Limited | $10.9B | 80 | Buy |
| SOLBE1.JO | Sasol Limited | $5.0B | 98 | Strong Buy |
| AFE.JO | AECI Ltd | $651M | 91 | Strong Buy |
Peer medians: ROE 18.5% · P/E 7.8x · Gross margin 34.9%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.