Somewhat Favorable News Coverage Somewhat Unlikely to Impact DRDGOLD Limited (DRD) Stock Price
News coverage about DRDGOLD Limited (NYSE:DRD) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. DRDGOLD Limited earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 47.0544427225624 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of DRDGOLD Limited (DRD) traded up 1.55% during midday trading on Friday, hitting $3.92. The company’s stock had a trading volume of 72,695 shares. DRDGOLD Limited has a 1-year low of $2.84 and a 1-year high of $6.67. The company has a market cap of $165.45 million, a P/E ratio of 156.80 and a beta of -1.97. The company has a 50-day moving average price of $3.70 and a 200 day moving average price of $3.68.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 12th. Stockholders of record on Friday, September 29th will be given a $0.0389 dividend. This represents a $0.16 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Thursday, September 28th.
DRDGOLD Limited Company Profile
DRDGOLD Limited is a gold mining company. The Company is engaged in gold production by tailings retreatment. The Company is focused on the recovery of lower-risk, higher-margin ounces primarily from its metallurgical plant located approximately 50 kilometers east of Johannesburg in Brakpan. The Company owns approximately 100% of its holding company, Ergo Mining Operations Proprietary Limited (EMO).
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