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DRDGOLD stock

DRDNYSE

DRDGOLD Limited, Basic MaterialsISIN US26152H3012

$23.40▼ $0.55 (−2.3%)Closing price of 12 Nov 2026

73Score 73 out of 100, Strong

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Price and trend

46 / 100

Price history

−18% in one year

The chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Below the 200-day line: the price is 13% below it.

Trend change

Since May 2026 the 50-day line has been below the 200-day line; the trend has turned down.

Momentum

Normal: the price is neither overheated nor sold off (RSI 48).

Distance to the high

The price is 40% below its 52-week high. Largest decline in 20 years: 92% (February 2008 to August 2015).

Chart figures for advanced users
SMA 50$25.11
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$26.96
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)48
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$19.65
The lowest closing price of the last twelve months.
Resistance$39.18
The highest closing price of the last twelve months.
Market cap
$2.07B
Div. yield
4.31%
12 months
8.3
Fair value
$17.90

Snapshot

Computed from the data by fixed rules, no AI

  • DRDGOLD Limited belongs to the Gold industry (South Africa) and, with a market value of $2.02B, is number 39 of 53 companies in its industry on MEQIRI.
  • American depositary receipt (ADR): 1 ADR = 10 shares.
  • In fiscal 2026 it reported revenue of $647.94M (up 36.2% year on year) and earnings of $247.09M (up 82.5%).
Show more
  • MEQIRI Score 73 out of 100 (Strong): rank 50 of 467 in Basic Materials, median 58.
  • The P/E is 8.1 (Gold median 12.2, own median of recent years 9.2).
  • Our model puts fair value at $17.90, with the price 34% above it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Earnings per share growingUp 95.2% a year since 2021.Growth 86
  • High return on capitalReturn on invested capital 45.2% in fiscal 2026, Gold median 12.3%.Profitability 96
  • More cash than debtCash $165.9M, financial debt $682.75K.Stability 80

Weaknesses

  • Margin may fall backOperating margin 50.9%, average of the prior years 25.8%, which ranged from 11.6% to 34.5%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.
  • Volatile share priceVolatility 57% a year over the last 12 months.
73/ 100
MEQIRI Score
Strong

Its standout strengths are profitability and growth, while technical analysis and momentum hold the score back.

Daily figure as of 12 Nov 2026

How the score is calculated

Score overview

Fundamentals are strong, with stable profits.

Profit consistency100% of years
Cash conversion (free cash flow to earnings, 12 months)52%
ROIC (12 months)45.4%
Positive free cash flow70% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk high

How well MEQIRI warns

One of the 30% with the highest crash risk among smaller stocks.

From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.

What drives the risk

  • high price swings
  • price far below its 52-week high
  • cyclical sector (energy or materials), as a group, crashed more often in the backtest

Valuation

Valuation signal

Modestly overvalued
Price
$23.95
Fair value
$17.90
Gap to fair value
+34%

Closing price of 11 Nov 2026, used by the daily score.

In our model the price counts as cheap below $12.79 and expensive above $29.84 (uncertainty high, based on the price swings of the past year).

The two parts of the fair value come to $15.86 (cash-flow model) and $19.94 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.

Calculated with a cost of equity of 17.1%. At 18.1% the fair value would be $16.85, at 16.1% it would be $19.33.

Valuation metrics

0.09
5.3
Fair value (model)
$17.90
Earnings part $19.94 (earnings at the median net margin $1.63 × 12.2)

Half from the cash-flow model, half from earnings times the industry P/E (12.2).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

20 years

In fiscal 2026, revenue rose 36.2% on the prior year. Revenue has grown solidly since 2007, at about 10% per year.

Margins

20 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2026: gross 53%, operating 51%, net 38%.

Debt & balance sheet

latest quarter
0
56.8x
3.62
Cash & equivalents
$165.9M

The balance sheet is solid, with low debt and comfortable interest coverage.

Earnings

Next earnings
17 Feb 2027in 97 days
Last reported
19 Aug 2026

Analyst estimates

Earnings estimates have barely changed since 15 Oct 2026.

Fiscal 20272 analysts
Earnings per share
51.35−1.9%
Revenue
$721.92M−0.1%
Fiscal 20281 analyst
Earnings per share
69.78−2.3%
Revenue
$872.89M−0.3%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlook lowered

Share price after the results: +21.4%

The production guidance for fiscal 2027 is well below the previous year, and costs are expected to keep rising.

Supporting passage from the call, verbatim
“But just in terms of 2027 guidance, and we did try to be realistic in terms of our guidance.”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 19 Aug 2026 (fiscal Q4 2026), read by AI.

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

No open-market purchases in the last 6 months. 10 insiders sold, $1.62M in total.

Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.

  • Mashatola MphoSale

    27 Oct 2026, Group Fin. & Business Dev. Mgr

    Shares
    13,014
    Price
    $2.44
    Value
    $31,771
  • Schoeman JacobusSale

    27 Oct 2026, Chief Operating Officer

    Shares
    94,575
    Price
    $2.44
    Value
    $230,886
  • Laas LihanSale

    27 Oct 2026, Financial Manager FWGR Ops.

    Shares
    14,787
    Price
    $2.44
    Value
    $36,100
Show 17 more
  • Moloto KgaboSale

    27 Oct 2026, General Manager FWGR Ops.

    Shares
    21,999
    Price
    $2.44
    Value
    $53,706
  • Kruger KevinSale

    27 Oct 2026, Head of Technical Services

    Shares
    73,830
    Price
    $2.44
    Value
    $180,241
  • Bornman RynoSale

    27 Oct 2026, Financial Manager Ergo Ops.

    Shares
    8,388
    Price
    $2.44
    Value
    $20,478
  • Lindecke DeanSale

    27 Oct 2026, General Manager Ergo Ops.

    Shares
    48,948
    Price
    $2.44
    Value
    $119,497
  • Gouws HenrySale

    27 Oct 2026, Head of Prod., Dir. of Ergo

    Shares
    89,160
    Price
    $2.44
    Value
    $217,666
  • Hooijer HenrietteSale

    27 Oct 2026, Chief Financial Officer

    Shares
    22,687
    Price
    $2.44
    Value
    $55,386
  • Pretorius DanielSale

    27 Oct 2026, Chief Executive Officer

    Shares
    117,980
    Price
    $2.44
    Value
    $288,025
  • Moloto KgaboSale

    1 Sept 2026, General Manager FWGR Ops.

    Shares
    11,586
    Price
    $2.75
    Value
    $31,914
  • Schoeman JacobusSale

    1 Sept 2026, Chief Operating Officer

    Shares
    19,403
    Price
    $2.75
    Value
    $53,446
  • Gouws HenrySale

    1 Sept 2026, Head of Prod., Dir. of Ergo

    Shares
    16,826
    Price
    $2.75
    Value
    $46,347
  • Lindecke DeanSale

    1 Sept 2026, General Manager Ergo Ops.

    Shares
    20,060
    Price
    $2.75
    Value
    $55,255
  • Laas LihanSale

    1 Sept 2026, Financial Manager FWGR Ops.

    Shares
    9,029
    Price
    $2.75
    Value
    $24,870
  • Mashatola MphoSale

    1 Sept 2026, Group Fin. & Business Dev. Mgr

    Shares
    5,275
    Price
    $2.75
    Value
    $14,530
  • Bornman RynoSale

    1 Sept 2026, Financial Manager Ergo Ops.

    Shares
    5,490
    Price
    $2.75
    Value
    $15,122
  • Kruger KevinSale

    1 Sept 2026, Head of Technical Services

    Shares
    7,561
    Price
    $2.75
    Value
    $20,827
  • Hooijer HenrietteSale

    1 Sept 2026, Chief Financial Officer

    Shares
    8,313
    Price
    $2.75
    Value
    $22,898
  • Pretorius DanielSale

    1 Sept 2026, Chief Executive Officer

    Shares
    35,537
    Price
    $2.75
    Value
    $97,887

Shares and prices per ordinary share as filed with the SEC, not per depositary receipt (1 ADR = 10 shares).

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at DRDGOLD

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

467 rated companies in Basic Materials

Rank 50 of 467
50/ 467
This company
73
Sector median
58

Categories against the sector median

ProfitabilityMedian of 467 companies96 (median 49)47 above the median
GrowthMedian of 467 companies86 (median 54)32 above the median
FundamentalsMedian of 467 companies76 (median 65)11 above the median
ValuationMedian of 426 companies with a value75 (median 69)6 above the median
StabilityMedian of 467 companies80 (median 67)13 above the median
Capital allocationMedian of 467 companies72 (median 52)20 above the median
Technical analysisMedian of 467 companies46 (median 54)8 below the median
MomentumMedian of 467 companies33 (median 51)18 below the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Gold

The next larger and next smaller companies by market value

All 53 Gold stocks

ETFs that hold DRDGOLD

Held by 2 ETFs on Xetra. Shown per index: the ETF with the largest weight.

ETFWeightCostFund size
VanEck Junior Gold Miners UCITS ETFG2XJ0.28%0.55%€1.08B
iShares Gold Producers UCITS ETF USD (Acc)IS0E0.13%0.55%€3.87B

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 12 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 30 Jun 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = ZAR 16.5639)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 5 Nov 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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