DRDGOLD Limited (NYSE:DRD) is expected to pay $0.07 on Oct 27, 2016. The indicated annual dividend is $0.32. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on DRDGOLD Limited’s current price of $4.52, the dividend is 1.46%. This dividend’s record date is Oct 14, 2016 and the announcement date is Sep 15, 2016. The stock increased 2.49% or $0.11 on October 10, hitting $4.52. DRDGOLD Ltd. (ADR) (NYSE:DRD) has risen 14.43% since March 8, 2016 and is uptrending. It has outperformed by 5.11% the S&P500.
DRDGOLD Limited is a surface gold tailings retreatment company. The company has a market cap of $198.58 million. The Firm operates in the central Witwatersrand basin in Gauteng province and recovers gold from tailings. It has a 42.71 P/E ratio. Ergo Mining Proprietary Limited (Ergo) is the Company’s operating entity.
Insitutional Activity: The institutional sentiment decreased to 1.46 in Q2 2016. Its down 1.25, from 2.71 in 2016Q1. The ratio fall, as 7 funds sold all DRDGOLD Ltd. (ADR) shares owned while 6 reduced positions. 9 funds bought stakes while 10 increased positions. They now own 4.28 million shares or 46.12% more from 2.93 million shares in 2016Q1.
Us Savings Bank De last reported 200 shares in the company. Acadian Asset Mngmt Ltd Liability holds 955,943 shares or 0.03% of its portfolio. Susquehanna Interest Gru Limited Liability Partnership holds 0% of its portfolio in DRDGOLD Ltd. (ADR) (NYSE:DRD) for 29,121 shares. Rs Investment Mgmt Limited Liability Co has invested 0% of its portfolio in DRDGOLD Ltd. (ADR) (NYSE:DRD). Comml Bank Of America De has invested 0% of its portfolio in DRDGOLD Ltd. (ADR) (NYSE:DRD). Patten Grp reported 547 shares or 0% of all its holdings. Allianz Asset Ag has 0% invested in the company for 75,466 shares. Citigroup last reported 6,200 shares in the company. Bogle Investment Mgmt Lp De has 309,172 shares for 0.13% of their US portfolio. Deutsche State Bank Ag reported 6 shares or 0% of all its holdings. Walleye Trading Lc has 0% invested in the company for 8,500 shares. Renaissance Tech Lc accumulated 0.02% or 1.40M shares. Morgan Stanley accumulated 0% or 81,886 shares. Wells Fargo & Commerce Mn holds 0% of its portfolio in DRDGOLD Ltd. (ADR) (NYSE:DRD) for 2,131 shares. Sprott has 10,200 shares for 0% of their US portfolio.
DRDGOLD Ltd. (ADR) (NYSE:DRD) Ratings Coverage
Out of 2 analysts covering DRDGOLD (NYSE:DRD), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. DRDGOLD has been the topic of 2 analyst reports since September 14, 2015 according to StockzIntelligence Inc. The rating was downgraded by HSBC on Tuesday, August 30 to “Hold”. The stock of DRDGOLD Ltd. (ADR) (NYSE:DRD) has “Neutral” rating given on Monday, September 14 by JP Morgan.
More news for DRDGOLD Ltd. (ADR) (NYSE:DRD) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on May 05, 2011. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on February 25, 2011 is yet another important article.
DRD Company Profile
DRDGOLD Limited, incorporated on February 16, 2015, is a surface gold tailings retreatment company. The Firm operates in the central Witwatersrand (Wits) basin in Gauteng province and recovers gold from tailings. Ergo Mining Proprietary Limited (Ergo) is the Company’s operating entity. Ergo is a surface retreatment operator. Ergo’s assets cover an area approximately 62 kilometers from east to west and around 25 kilometers from north to south. The Firm operates approximately two metallurgical plants, two milling and pump stations, a network of pipelines and the Brakpan tailings facility (BTF).
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