- DRDGOLD maintains a long-term strategy of being an unhedged gold producer, making it well-positioned to benefit from rising gold prices.
- The company reported its latest financial results which were pressured by weaker gold prices during the period and slightly lower ore grades.
- Guidance for 2022 suggests steady production levels with an outlook for stronger growth over the medium term through a facility expansion project.
- We like the stock given its solid fundamentals including an attractive dividend yield above the sector average.
For further details see:
DRDGold: Bullish Into The Breakout Higher In Gold Prices