DRDGOLD Ltd. (DRD) Sees Unusually-High Trading Volume
DRDGOLD Ltd. (NYSE:DRD) shares saw an uptick in trading volume on Monday . 886,893 shares changed hands during trading, an increase of 44% from the previous session’s volume of 615,983 shares.The stock last traded at $8.88 and had previously closed at $8.75.
The company has a market cap of $371.78 million and a PE ratio of 62.11. The company has a 50-day moving average of $5.61 and a 200-day moving average of $4.17.
DRDGOLD Limited is a surface gold tailings retreatment company. The Company 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 25 kilometers from north to south.
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