DRDGold Ltd. ADR (DRD)’s latest quarter sales figures and margins explained

A share price of DRDGold Ltd. ADR [DRD] is currently trading at $8.87, up 3.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DRD shares have gain 8.17% over the last week, with a monthly amount glided 12.85%, and seem to be holding up well over a long-time horizon.

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On 20, February 2024, DRDGOLD declares 17th consecutive interim dividend as higher gold price boosts first-half revenue. In a post published today on Yahoo Finance, London, UK –News Direct– DRDGOLD Ltd.

From an analyst’s perspective:

DRDGold Ltd. ADR [NYSE: DRD] stock has seen the most recent analyst activity on September 05, 2019, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $13.75. On May 05, 2017, upgrade upgraded it’s rating to Hold. JP Morgan downgraded its rating to a Underweight. JP Morgan downgraded its rating to a Neutral. JP Morgan upgraded its rating to Overweight for this stock on May 13, 2015.

DRDGold Ltd. ADR experienced fluctuations in its stock price throughout the past year between $6.48 and $13.85. DRDGold Ltd. ADR [NYSE: DRD] shares were valued at $8.87 at the most recent close of the market.

Analyzing the DRD fundamentals

Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.21 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.61 points at the first support level, and at 8.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.02, and for the 2nd resistance point, it is at 9.17.

Ratios To Look Out For

To put it in perspective, the Current Ratio for DRDGold Ltd. ADR [NYSE:DRD] is 3.67. Also, the Quick Ratio is 3.02, while the Cash Ratio stands at 2.02. Considering the valuation of this stock, the price to sales ratio is 2.43, the price to book ratio is 2.22 and price to earnings (TTM) ratio is 10.62.

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