DRDGOLD Ltd. (DRD) Reaches New 52-Week High at $8.19
DRDGOLD Ltd. (NYSE:DRD) shares hit a new 52-week high on Thursday . The company traded as high as $8.19 and last traded at $8.07, with a volume of 978,130 shares. The stock had previously closed at $8.06.
The firm has a market cap of $344.56 million and a P/E ratio of 57.5648. The firm has a 50-day moving average price of $5.32 and a 200 day moving average price of $4.02.
The firm also recently declared a special dividend, which was paid on Thursday, June 9th. Stockholders of record on Friday, May 27th were issued a dividend of $0.243 per share. The ex-dividend date was Wednesday, May 25th. This is an increase from DRDGOLD’s previous special dividend of $0.16. This represents a dividend yield of 1.33%.
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.