DRD, IDR and NAK could benefit as State Street sees gold reaching $5,000 by early 2027 and long-term drivers remain supportive after the recent pullback.
DRDGOLD offers a compelling 'Buy' case with a 12-month target price of $35.39, implying 36.10% upside at current gold prices. DRD's debt-free balance sheet, 53.7% operating margin, and disciplined capital allocation underpin robust cash generation and sustainable dividends. Vision 2028 targets doubling processing capacity, and extending mine life and is fully funded by operating cash flow, supporting long-term growth.
Recent dip in gold prices and cost pressures weigh on the Zacks Mining - Gold industry. We suggest adding stocks like FNV, HMY, NG, DRD and IDR, which are poised for growth.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 73 | $1,936.61 | $1,512.56 | -$424.05 | -21.9% |
SkyOak Wealth SkyOak Wealth LLC | 8,044 | $249,444.44 | $166,269.48 | -$83,174.96 | -33.34% |
| YA Yinka Akinsola Blue Trust Inc. | 2,892 | $42,861.96 | $59,864.4 | $17,002.44 | 39.67% |
Brian Baylis Bell Investment Advisors Inc. | 61 | $1,683.6 | $1,276.42 | -$407.18 | -24.19% |
| FCG Financial Connections Group Inc. Financial Connections Group Inc. | 537 | $3,983.32 | $11,274.31 | $7,290.99 | 183.04% |
| Metals & Mining Industry | Materials Sector | Daniel Johannes Pretorius CEO | NYSE Exchange | 26152H301 CUSIP |
| ZA Country | 881 Employees | 13 Mar 2026 Last Dividend | 23 Jul 2007 Last Split | - IPO Date |
DRDGOLD Limited is a preeminent gold mining company, primarily engaged in surface gold tailings retreatment operations in South Africa. It boasts a rich history that dates back to 1895, originally incorporated as Durban Roodepoort Deep Limited before undergoing a name change to DRDGOLD Limited in 2004. The company has established its headquarters in Johannesburg, South Africa, and operates under the umbrella of Sibanye Gold Limited as a subsidiary. DRDGOLD Limited's operations are not just confined to gold recovery from surface tailings but also extend into exploration, extraction, processing, and smelting activities, spanning the full gamut of gold mining and production.