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Drdgold ( (DRD) ) has issued an update.
DRDGOLD Limited has announced its trading statement for the year ended June 30, 2025, reporting a significant increase in earnings per share (EPS) and headline earnings per share (HEPS) by 64% to 74% compared to the previous year. This growth is attributed to a 31% increase in the Rand gold price received, despite a slight decrease in gold sold. The company also reported a 26% increase in group revenue and a 4% rise in cash operating costs. Notably, DRDGOLD achieved its production guidance with 155,288 ounces of gold produced and maintained strong liquidity with R1,306.2 million in cash and no bank debt as of June 30, 2025.
The most recent analyst rating on (DRD) stock is a Buy with a $13.25 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 Outperform.
Drdgold’s strong financial performance, characterized by revenue growth and solid balance sheet, is a key strength. Valuation is reasonable, and while technical analysis shows some bearish pressure, oversold indicators could hint at a rebound. The lack of recent earnings call data or significant corporate events leaves these factors unweighted.
To see Spark’s full report on DRD stock, click here.
More about Drdgold
DRDGOLD Limited is a South African company operating in the gold mining industry. It primarily focuses on the recovery of gold from surface tailings and has operations such as Far West Gold Recoveries and Ergo Mining Proprietary Limited.
Average Trading Volume: 408,713
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.3B
Learn more about DRD stock on TipRanks’ Stock Analysis page.