Shares of DRDGOLD Limited (NYSE:DRD – Get Rating) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.51 and traded as high as $11.70. DRDGOLD shares last traded at $11.62, with a volume of 343,358 shares trading hands.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on DRD shares. HC Wainwright dropped their price objective on DRDGOLD from $15.25 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, February 16th. StockNews.com downgraded DRDGOLD from a “buy” rating to a “hold” rating in a research report on Friday, May 12th.
DRDGOLD Stock Down 2.8 %
The business’s fifty day simple moving average is $10.64 and its two-hundred day simple moving average is $8.51.
Hedge Funds Weigh In On DRDGOLD
DRDGOLD Company Profile
DRDGOLD Ltd. engages in the business of retreatment of surface gold. It operates through the following segments: Ergo, FWGR, and Other Reconciling Items. The Ergo segment treats slime dams and sand dumps to the south of Johannesburg’s central business district as well as the East and Central Rand goldfields.
- Get a free copy of the StockNews.com research report on DRDGOLD (DRD)
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