DRDGOLD Limited is part of the metals and mining industry and is part of the basic materials sector. The company CEO is Daniel Johannes Pretorius. DRDGold is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing and smelting.



Previous Intraday Performance:

The DRD shares had a previous change of -1.58% which opened at 1.89 and closed at 1.87. It moved to an intraday high of 1.93 and a low of 1.86.

SeekingAlpha:  DRDGOLD Ltd (DRD) CEO Daniel Pretorius on Q2 2019 Results – Earnings Call Transcript

Historical Performance:

Over the last five trading days, DRD shares returned 0.00% and in the past 30 trading days it returned -6.97%. Over three months, it changed -6.50%. In one year it has changed -21.43% and within that year its

52-week high was 2.95 and its 52-week low was 1.71. DRD stock is 9.36% above its 52 Week Low.

Our calculations result in a 200 day moving average of 2.21 and a 50 day moving average of 2.06. Right now, DRD stock is trading -15.32% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  More on DRDGold 1H results

Liquidity:

The company has a market cap of $128.5m with 68.7m shares outstanding and a float of 68.7m shares. Trading volume was 15,269 shares and has experienced an average volume of 253,111 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for DRDGOLD Limited was 0.01 which ended on 30th of June 2018, which according to the previous close, that is a PE of 187.00.

The next earnings report will be: 04-29-2019

The long-term trend of the EPS is a vital number as it helps understand the future potential of DRDGOLD Limited; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been -14.40% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 12.20% of institutional ownership. Short-interest was 81,508, which was 0.12% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.25. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be -1.28

SeekingAlpha:  DRDGOLD Limited 2019 Q2 – Results – Earnings Call Slides

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -2.88%, profit margin is -4.57% and price-to-book is 1.45.

Company Score Card:

Results are out of six:
 5  : Growth Expectations Result
 4  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 2  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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