DRDGOLD (DRD) Jumps: Stock Rises 6.6%

DRDGOLD Ltd. (DRD) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 50% since Sep 12.

Though the company has seen no estimate revision in the past 30 days, its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.

DRDGOLD currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the mining-gold industry include AngloGold Ashanti Ltd. (AU), Asanko Gold Inc. (AKG) and Pretium Resources Inc. (PVG). All of these have a Zacks Rank #2 (Buy).

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DRDGOLD LTD (DRD): Free Stock Analysis Report

ASANKO GOLD INC (AKG): Free Stock Analysis Report

PRETIUM RESOURCES INC (PVG): Free Stock Analysis Report

ANGLOGOLD ASHANTI LTD (AU): Free Stock Analysis Report


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