DRDGOLD Ltd. (DRD) Reaches New 1-Year High at $8.19
Shares of DRDGOLD Ltd. (NYSE:DRD) reached a new 52-week high on Thursday . The stock 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 50 day moving average of $5.51 and a 200-day moving average of $4.10. The stock has a market cap of $368.83 million and a P/E ratio of 60.76.
The firm also recently declared a special dividend, which was paid on Thursday, June 9th. Stockholders of record on Friday, May 27th were paid a $0.243 dividend. This represents a dividend yield of 1.33%. The ex-dividend date was Wednesday, May 25th. This is a positive change from DRDGOLD’s previous special dividend of $0.16.
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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