DRDGOLD Ltd. (NYSE:DRD) was down 4.1% during trading on Thursday . The company traded as low as $7.87 and last traded at $8.04, with a volume of 626,709 shares traded. The stock had previously closed at $8.38.

Separately, JPMorgan Chase & Co. lowered DRDGOLD from a “neutral” rating to an “underweight” rating in a research report on Tuesday, July 12th.

The company has a 50 day moving average price of $6.61 and a 200-day moving average price of $4.66. The firm has a market cap of $343.12 million and a P/E ratio of 55.00.

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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