DRDGOLD Limited's stock has delivered mixed returns amid a volatile operating environment. However, numerous inflection points have emerged. Despite experiencing lower production yields, DRDGOLD's full-year results were telling. The company's revenue grew by 14% to approximately $356 million, and its operating income increased in tandem. I hold a bullish view on Gold prices amid U.S. dollar wea...
DRDGOLD Limited (NYSE:DRD ) Q4 2024 Earnings Call Transcript August 21, 2024 4:00 AM ET Company Participants Niel Pretorius - CEO Riaan Davel - CFO Jaco Schoeman - COO Conference Call Participants Brendan Ryan - Miningmx Martin Creamer - Mining Weekly Online Niel Pretorius Welcome, and thank you for joining us. This is our first presentation, live presentation after COVID.
Gold stocks are the ultimate hedge against inflation. While the recent rally has put the top names in the spotlight, plenty of stocks flying under the radar show massive potential.
The company holds significant gold reserves and resources, with a focus on Ergo and FWGR segments in the Witwatersrand Basin in the Gauteng province of South Africa. The outlook is promising with bullish gold prices and a positive impact on throughput from the recent commissioning of tailings reprocessing assets. This analysis re-assigns a Hold rating to DRDGOLD Limited shares.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.