H.C. Wainwright raised the firm’s price target on DRDGold (DRD) to $18.75 from $16.25 and keeps a Buy rating on the shares. The company is taking advantage of rising gold prices while maintaining low sustaining costs across its asset base, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DRD:
- DRDGOLD Reports Robust Profit Growth Amid Strategic Expansion
- DRDGOLD Reports Strong Financial Growth and Dividend Increase for FY2025
- DRDGOLD Announces Board Committee Changes Amid Consultancy Appointment
- DRDGOLD Reports Strong Earnings Growth for Year Ended June 2025
- DRDGOLD Announces New CFO Designate Amid Leadership Transition