DRDGold Ltd - ADR

2
NYSE:DRD (South Africa)   ADR
$ 8.42 +0.2726 (+3.35%) 04:00 PM EST
10.11
P/B:
1.84
Market Cap:
$ 725.38M
Enterprise V:
$ 697.62M
Volume:
340.09K
Avg Vol (2M):
273.50K
Trade In:
Volume:
340.09K
Avg Vol (2M):
273.50K

Business Description

Description
DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. It has two operating segments: the Ergo which is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central the business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the revenue.