DRDGOLD Limited, a gold mining company, is engaged in the surface gold tailings retreatment business in South Africa. The company is headquartered in Johannesburg, South Africa.
| Revenue (TTM) | $11.16B |
| Gross Profit (TTM) | $5.97B |
| EBITDA | $6.20B |
| Operating Margin | 54.90% |
| Return on Equity | 39.40% |
| Return on Assets | 24.00% |
| Revenue/Share (TTM) | $129.05 |
| Book Value | $8.86 |
| Price-to-Book | 2.82 |
| Price-to-Sales (TTM) | 0.19 |
| EV/Revenue | 3.017 |
| EV/EBITDA | 5.21 |
| Quarterly Earnings Growth (YoY) | 82.20% |
| Quarterly Revenue Growth (YoY) | 49.80% |
| Shares Outstanding | $86.88M |
| Float | $43.16M |
| % Insiders | 0.00% |
| % Institutions | 10.14% |
Volatility is currently contracting
DRDGOLD NYSE: DRD said it maintained gold production of 155,000 ounces in its latest financial year while advancing a multiyear infrastructure program intended to increase throughput, extend mine lives and support higher output by fiscal 2028.
DRDGOLD is rated a buy, currently undervalued by 25.53% YoY, with significant upside tied to gold price strength and operational expansion. DRD targets FY 2027 gold production of 160,000–170,000 ounces, with Vision 2028 aiming for 6 tons annually, supported by ongoing CapEx and plant expansions. Unhedged gold exposure positions DRD to benefit from forecasted gold price increases, with FY 2027 revenue projected at $891 million, up 29.85% YoY.
DRDGOLD (DRD) leverages high gold prices to fund infrastructure expansion, aiming for long-term competitiveness beyond current gold cycles. DRD's investment thesis centers on expanding tailings disposal capacity and integrated infrastructure, not simply projecting recent earnings growth from elevated gold prices. Valuation is attractive, with DRD trading at significant discounts to sector P/E and EV/EBITDA multiples, while reinvesting heavily in growth and maintaining a debt-free balance sheet.
DRDGOLD targets higher fiscal 2027 gold output as Vision 2028 projects advance, while Withok delays and cost pressures keep execution in focus.
DRDGOLD Limited (DRD) Q4 2026 Earnings Call Transcript
DRDGOLD NYSE: DRD reported higher revenue, profit and free cash flow for financial year 2026, supported by a 40% increase in the gold price, production above guidance and cost discipline. The company also declared a final cash dividend of ZAR1.20 per share, its 19th consecutive year of dividend payments.
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