Drdgold Financials

Drdgold Stock Summary

Drdgold competes with Alkane Resources, Evolution Mining, Dundee Precious, Northern Star, and Gold Fields. DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. DRDGOLD Limited operates as a subsidiary of Sibanye Gold Limited. Drdgold operates under Gold classification in the United States and is traded on OTC Exchange.

Drdgold Key Financial Ratios

There are many critical financial ratios that Drdgold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Drdgold reports annually and quarterly.

Drdgold Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Drdgold's current stock value. Our valuation model uses many indicators to compare Drdgold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Drdgold competition to find correlations between indicators driving Drdgold's intrinsic value. More Info.Drdgold is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.52  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Drdgold is roughly  1.93 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Drdgold's earnings, one of the primary drivers of an investment's value.

Drdgold Market Pulse

Along with financial statement analysis, the daily predictive indicators of Drdgold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Drdgold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Drdgold based on widely used predictive technical indicators. In general, we focus on analyzing Drdgold Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Drdgold's daily price indicators and compare them against related drivers.

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

If you are still planning to invest in Drdgold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Drdgold's history and understand the potential risks before investing.