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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| DRD | +111.03% | +127.96% | +17.92% | -49% |
| S&P | +18.54% | +92.9% | +14.04% | +2,004% |
DRDGOLD Ltd. engages in the business of retreatment of surface gold. It operates through the following segments: Ergo, FWGR, and Other Reconciling Items. The Ergo segment treats slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields. The FWGR segment focuses on the slime dams in the West Rand goldfields. The company was founded on February 16, 1895 and is headquartered in Johannesburg, South Africa.
Gold prices are on the rise, and so is investor interest in some gold stocks.
The South African gold miner issued a trading statement saying its earnings would decline by up to 20%.
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