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Stock impact report

DRDGOLD (NYSE:DRD) Valuation in Focus After Analyst Upgrades and Earnings Estimate Hikes [Yahoo! Finance]

DRDGOLD Limited American Depositary Shares (DRD) 
US:NYSE Investor Relations: drdgold.com/investors-and-media
Company Research Source: Yahoo! Finance
by a higher Zacks Rank and a substantial increase in earnings estimates. This has fueled recent momentum for the stock. See our latest analysis for DRDGOLD. DRDGOLD's share price has soared in recent months, building impressive momentum with a 30-day price return of nearly 19% and a staggering 216% year-to-date gain. Over the longer term, its total shareholder return for the past year stands at 141%, and five-year holders have seen their investment almost triple. This suggests that recent optimism may have real staying power. If you're intrigued by DRDGOLD's rally, it might be the perfect chance to broaden your search and discover fast growing stocks with high insider ownership But with DRDGOLD's surge driven by analyst upgrades and bullish estimates, the key question remains: is the stock undervalued at this level, or is the market already pricing in all that future growth? Price-to-Earnings of 19x: Is it justified? With DRDGOLD trading at a price-to-earnings (P/E) ratio Show less Read more
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