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Drdgold ( (DRD) ) has shared an announcement.
DRDGOLD Limited reported a 2% increase in gold production to 1,191 kg for the quarter ended September 30, 2025, despite a 3% decrease in ore milled. The company benefited from a high average gold price of R1,943,398/kg, which contributed to a stable revenue of R2,254.9 million, a 2% increase from the previous quarter. Cash operating costs rose by 3% due to annual labor increases and higher reagent costs, while all-in sustaining costs increased due to higher cash operating costs and growth capital expenditure related to the Far West Gold Recoveries Phase II project. The company remains debt-free, although cash and cash equivalents decreased by R257.1 million after dividend payments and capital expenditures.
The most recent analyst rating on (DRD) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Drdgold stock, see the DRD Stock Forecast page.
Spark’s Take on DRD Stock
According to Spark, TipRanks’ AI Analyst, DRD is a Neutral.
Drdgold’s strong financial performance and robust balance sheet are significant strengths, positioning it well in the gold industry. However, technical indicators suggest caution due to overbought conditions, and valuation metrics indicate a fair but not compelling investment case.
To see Spark’s full report on DRD stock, click here.
More about Drdgold
DRDGOLD Limited is a South African company primarily engaged in the gold mining industry. The company focuses on the extraction and processing of gold from surface tailings, with operations including Ergo Mining Proprietary Limited and Far West Gold Recoveries Proprietary Limited.
Average Trading Volume: 714,048
Technical Sentiment Signal: Buy
Current Market Cap: $2.6B
Learn more about DRD stock on TipRanks’ Stock Analysis page.