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SBYSF - DRDGold: The Roodepoort Rocket Looks Undervalued Once Again
December, 01 2020 02:27 PM
Sibanye Stillwater
The company is known as the Roodepoort Rocket due to the way its results and share price soar when the gold price rises. DRD expects to produce between 165,000 and 185,000 ounces of gold in FY21 and FWGR phase two looks great. Since my article in June, the fundamentals of the business have improved and DRD looks undervalued at 4.4x EV/EBITDA. For further details see:
DRDGold: The Roodepoort Rocket Looks Undervalued Once Again
Stock Information
Company Name:
Sibanye Stillwater
Stock Symbol:
SBYSF
Market:
OTC
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