DRDGOLD Ltd. PT receives Investment Bank Analyst Rating Update
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DRDGOLD Limited is a South Africa-based holding company. The Company and its subsidiaries are primarily involved in the retreatment of surface gold. The Company’s business includes Ergo, Far West Gold Recoveries (FWGR), Hot Button Features and Resources and Reserves. Ergo business is a surface gold retreatment operation, which treats old slime dams and sand dumps to the south of Johannesburg’s central business district, as well as the East and Central Rand goldfields. The operation comprises three plants. The Ergo and Knights plants operate as metallurgical plants. The City Deep plant operates as a pump/milling station feeding the metallurgical plants. The Company’s FWGR is a surface gold retreatment operation that treats old slime dams in the West Rand goldfields and is located near Carletonville in South Africa’s Gauteng province. Mineral Resources consist of sand dumps, slimes dams and silted areas and dams.
|Average||15.00 (+27.33% Upside)|
|No. of Analysts||1|
|Moving Averages||Strong Buy||Strong Buy||Strong Buy||Strong Buy||Strong Buy|
|Technical Indicators||Strong Buy||Strong Buy||Sell||Buy||Strong Buy|
|Summary||Strong Buy||Strong Buy||Neutral||Strong Buy||Strong Buy|