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Drdgold
Buy, Hold or Sell?

Let's analyse Drdgold together

PenkeI guess you are interested in Drdgold. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Drdgold. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Drdgold (30 sec.)










What can you expect buying and holding a share of Drdgold? (30 sec.)

How much money do you get?

How much money do you get?
$2.38
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$0.38
Expected worth in 1 year
$0.38
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
$2.38
Return On Investment
302.4%

For what price can you sell your share?

Current Price per Share
$0.79
Expected price per share
$0.786 - $0.786
How sure are you?
50%

1. Valuation of Drdgold (5 min.)




Live pricePrice per Share (EOD)

$0.79

Intrinsic Value Per Share

$-0.33 - $0.66

Total Value Per Share

$0.06 - $1.04

2. Growth of Drdgold (5 min.)




Is Drdgold growing?

Current yearPrevious yearGrowGrow %
How rich?$331.8m$331.8m$65.9k0.0%

How much money is Drdgold making?

Current yearPrevious yearGrowGrow %
Making money$67.7m$68.5m-$765.7k-1.1%
Net Profit Margin23.3%22.0%--

How much money comes from the company's main activities?

3. Financial Health of Drdgold (5 min.)




4. Comparing to competitors in the Gold industry (5 min.)




  Industry Rankings (Gold)  


Richest
#60 / 492

Most Revenue
#28 / 492

Most Profit
#15 / 492

What can you expect buying and holding a share of Drdgold? (5 min.)

Welcome investor! Drdgold's management wants to use your money to grow the business. In return you get a share of Drdgold.

What can you expect buying and holding a share of Drdgold?

First you should know what it really means to hold a share of Drdgold. And how you can make/lose money.

Speculation

The Price per Share of Drdgold is $0.786. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Drdgold.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Drdgold, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.38. Based on the TTM, the Book Value Change Per Share is $0.00 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.60 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Drdgold.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps1.48188.5%1.48188.5%1.30166.0%1.06134.5%0.5468.9%
Usd Book Value Change Per Share0.00-0.2%0.00-0.2%-0.01-0.9%-0.22-27.7%0.021.9%
Usd Dividend Per Share0.6075.8%0.6075.8%0.6075.8%0.6582.6%0.3747.1%
Usd Total Gains Per Share0.5975.6%0.5975.6%0.5975.0%0.4354.9%0.3949.1%
Usd Price Per Share1.15-1.15-0.60-0.57-0.36-
Price to Earnings Ratio0.78-0.78-0.46-0.38-0.32-
Price-to-Total Gains Ratio1.94-1.94-1.02-1.42-2.27-
Price to Book Ratio3.00-3.00-1.56-1.48-0.79-
Price-to-Total Gains Ratio1.94-1.94-1.02-1.42-2.27-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.786
Number of shares1272
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.600.65
Usd Book Value Change Per Share0.00-0.22
Usd Total Gains Per Share0.590.43
Gains per Quarter (1272 shares)755.93549.17
Gains per Year (1272 shares)3,023.712,196.68
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13031-730143303-11062187
26062-1560386606-22134384
39094-2290629909-33196581
412125-301208613213-44268778
515156-371511016516-553210975
618187-451813419819-663913172
721218-522115823122-774515369
824249-602418226425-885217566
927281-672720629728-995819763
1030312-753023033031-1106521960

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%10.01.00.090.9%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%5.06.00.045.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%10.01.00.090.9%

Fundamentals of Drdgold

About Drdgold

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities. The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004. The company was incorporated in 1895 and is headquartered in Johannesburg, South Africa. DRDGOLD Limited is a subsidiary of Sibanye Gold Limited.

Fundamental data was last updated by Penke on 2024-05-16 03:47:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of Drdgold.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Drdgold earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Drdgold to the Gold industry mean.
  • A Net Profit Margin of 23.3% means that $0.23 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Drdgold:

  • The MRQ is 23.3%. The company is making a huge profit. +2
  • The TTM is 23.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ23.3%TTM23.3%0.0%
TTM23.3%YOY22.0%+1.4%
TTM23.3%5Y18.1%+5.2%
5Y18.1%10Y9.5%+8.7%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ23.3%-4.3%+27.6%
TTM23.3%-4.3%+27.6%
YOY22.0%-6.3%+28.3%
5Y18.1%-16.9%+35.0%
10Y9.5%-20.3%+29.8%
1.1.2. Return on Assets

Shows how efficient Drdgold is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Drdgold to the Gold industry mean.
  • 15.7% Return on Assets means that Drdgold generated $0.16 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Drdgold:

  • The MRQ is 15.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 15.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.7%TTM15.7%0.0%
TTM15.7%YOY15.9%-0.2%
TTM15.7%5Y13.5%+2.2%
5Y13.5%10Y7.2%+6.3%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ15.7%-3.9%+19.6%
TTM15.7%-3.8%+19.5%
YOY15.9%-3.9%+19.8%
5Y13.5%-6.5%+20.0%
10Y7.2%-8.9%+16.1%
1.1.3. Return on Equity

Shows how efficient Drdgold is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Drdgold to the Gold industry mean.
  • 20.4% Return on Equity means Drdgold generated $0.20 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Drdgold:

  • The MRQ is 20.4%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 20.4%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ20.4%TTM20.4%0.0%
TTM20.4%YOY20.7%-0.2%
TTM20.4%5Y17.9%+2.5%
5Y17.9%10Y9.7%+8.3%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ20.4%-3.7%+24.1%
TTM20.4%-3.4%+23.8%
YOY20.7%-4.2%+24.9%
5Y17.9%-6.8%+24.7%
10Y9.7%-10.4%+20.1%

1.2. Operating Efficiency of Drdgold.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Drdgold is operating .

  • Measures how much profit Drdgold makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Drdgold to the Gold industry mean.
  • An Operating Margin of 24.8% means the company generated $0.25  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Drdgold:

  • The MRQ is 24.8%. The company is operating efficient. +1
  • The TTM is 24.8%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ24.8%TTM24.8%0.0%
TTM24.8%YOY23.0%+1.8%
TTM24.8%5Y21.0%+3.8%
5Y21.0%10Y10.9%+10.1%
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ24.8%-8.1%+32.9%
TTM24.8%-0.2%+25.0%
YOY23.0%-0.1%+23.1%
5Y21.0%-9.9%+30.9%
10Y10.9%-20.5%+31.4%
1.2.2. Operating Ratio

Measures how efficient Drdgold is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Gold industry mean).
  • An Operation Ratio of 0.75 means that the operating costs are $0.75 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Drdgold:

  • The MRQ is 0.752. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.752. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.752TTM0.7520.000
TTM0.752YOY0.770-0.018
TTM0.7525Y0.790-0.038
5Y0.79010Y1.257-0.467
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7521.454-0.702
TTM0.7521.432-0.680
YOY0.7701.260-0.490
5Y0.7901.384-0.594
10Y1.2571.388-0.131

1.3. Liquidity of Drdgold.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Drdgold is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Gold industry mean).
  • A Current Ratio of 4.47 means the company has $4.47 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Drdgold:

  • The MRQ is 4.472. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.472. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.472TTM4.4720.000
TTM4.472YOY4.919-0.447
TTM4.4725Y3.758+0.715
5Y3.75810Y2.838+0.919
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4722.360+2.112
TTM4.4722.540+1.932
YOY4.9193.134+1.785
5Y3.7584.022-0.264
10Y2.8384.709-1.871
1.3.2. Quick Ratio

Measures if Drdgold is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Drdgold to the Gold industry mean.
  • A Quick Ratio of 3.62 means the company can pay off $3.62 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Drdgold:

  • The MRQ is 3.620. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.620. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.620TTM3.6200.000
TTM3.620YOY4.266-0.646
TTM3.6205Y3.093+0.527
5Y3.09310Y1.706+1.387
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ3.6200.785+2.835
TTM3.6201.123+2.497
YOY4.2661.655+2.611
5Y3.0932.209+0.884
10Y1.7062.495-0.789

1.4. Solvency of Drdgold.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Drdgold assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Drdgold to Gold industry mean.
  • A Debt to Asset Ratio of 0.23 means that Drdgold assets are financed with 23.1% credit (debt) and the remaining percentage (100% - 23.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Drdgold:

  • The MRQ is 0.231. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.231. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.231TTM0.2310.000
TTM0.231YOY0.231-0.001
TTM0.2315Y0.266-0.035
5Y0.26610Y0.345-0.079
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2310.201+0.030
TTM0.2310.195+0.036
YOY0.2310.175+0.056
5Y0.2660.218+0.048
10Y0.3450.254+0.091
1.4.2. Debt to Equity Ratio

Measures if Drdgold is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Drdgold to the Gold industry mean.
  • A Debt to Equity ratio of 30.0% means that company has $0.30 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Drdgold:

  • The MRQ is 0.300. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.300. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.300TTM0.3000.000
TTM0.300YOY0.301-0.001
TTM0.3005Y0.367-0.067
5Y0.36710Y0.566-0.200
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3000.202+0.098
TTM0.3000.209+0.091
YOY0.3010.193+0.108
5Y0.3670.251+0.116
10Y0.5660.290+0.276

2. Market Valuation of Drdgold

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Drdgold generates.

  • Above 15 is considered overpriced but always compare Drdgold to the Gold industry mean.
  • A PE ratio of 0.78 means the investor is paying $0.78 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Drdgold:

  • The EOD is 0.531. Based on the earnings, the company is cheap. +2
  • The MRQ is 0.776. Based on the earnings, the company is cheap. +2
  • The TTM is 0.776. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.531MRQ0.776-0.246
MRQ0.776TTM0.7760.000
TTM0.776YOY0.460+0.316
TTM0.7765Y0.381+0.395
5Y0.38110Y0.324+0.057
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD0.531-3.752+4.283
MRQ0.776-3.763+4.539
TTM0.776-4.831+5.607
YOY0.460-6.423+6.883
5Y0.381-9.390+9.771
10Y0.324-9.603+9.927
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Drdgold:

  • The EOD is 25.180. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 36.841. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 36.841. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD25.180MRQ36.841-11.661
MRQ36.841TTM36.8410.000
TTM36.841YOY9.274+27.567
TTM36.8415Y11.563+25.278
5Y11.56310Y5.587+5.976
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD25.180-4.267+29.447
MRQ36.841-4.404+41.245
TTM36.841-4.950+41.791
YOY9.274-6.536+15.810
5Y11.563-11.470+23.033
10Y5.587-13.278+18.865
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Drdgold is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Gold industry mean).
  • A PB ratio of 3.00 means the investor is paying $3.00 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Drdgold:

  • The EOD is 2.048. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.997. Based on the equity, the company is underpriced. +1
  • The TTM is 2.997. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.048MRQ2.997-0.949
MRQ2.997TTM2.9970.000
TTM2.997YOY1.558+1.439
TTM2.9975Y1.483+1.514
5Y1.48310Y0.791+0.692
Compared to industry (Gold)
PeriodCompanyIndustry (mean)+/- 
EOD2.0481.212+0.836
MRQ2.9971.207+1.790
TTM2.9971.262+1.735
YOY1.5581.701-0.143
5Y1.4832.601-1.118
10Y0.7912.632-1.841
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Drdgold compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.001-0.0010%-0.007+356%-0.217+14735%0.015-110%
Book Value Per Share--0.3840.3840%0.3850%0.330+16%0.934-59%
Current Ratio--4.4724.4720%4.919-9%3.758+19%2.838+58%
Debt To Asset Ratio--0.2310.2310%0.2310%0.266-13%0.345-33%
Debt To Equity Ratio--0.3000.3000%0.3010%0.367-18%0.566-47%
Dividend Per Share--0.5960.5960%0.5960%0.649-8%0.371+61%
Eps--1.4811.4810%1.304+14%1.057+40%0.542+173%
Free Cash Flow Per Share--0.0310.0310%0.065-52%0.050-38%0.082-62%
Free Cash Flow To Equity Per Share---0.001-0.0010%0.027-105%0.032-104%0.007-119%
Gross Profit Margin---1.420-1.4200%-1.221-14%-1.646+16%-0.323-77%
Intrinsic Value_10Y_max--0.660--------
Intrinsic Value_10Y_min---0.327--------
Intrinsic Value_1Y_max--0.079--------
Intrinsic Value_1Y_min--0.029--------
Intrinsic Value_3Y_max--0.228--------
Intrinsic Value_3Y_min--0.035--------
Intrinsic Value_5Y_max--0.365--------
Intrinsic Value_5Y_min---0.018--------
Market Cap677138220.288-47%994706534.600994706534.6000%516899404.800+92%495296965.672+101%311399409.428+219%
Net Profit Margin--0.2330.2330%0.220+6%0.181+29%0.095+146%
Operating Margin--0.2480.2480%0.230+8%0.210+18%0.109+128%
Operating Ratio--0.7520.7520%0.770-2%0.790-5%1.257-40%
Pb Ratio2.048-46%2.9972.9970%1.558+92%1.483+102%0.791+279%
Pe Ratio0.531-46%0.7760.7760%0.460+69%0.381+104%0.324+140%
Price Per Share0.786-46%1.1501.1500%0.600+92%0.574+100%0.361+219%
Price To Free Cash Flow Ratio25.180-46%36.84136.8410%9.274+297%11.563+219%5.587+559%
Price To Total Gains Ratio1.323-46%1.9351.9350%1.018+90%1.416+37%2.266-15%
Quick Ratio--3.6203.6200%4.266-15%3.093+17%1.706+112%
Return On Assets--0.1570.1570%0.159-1%0.135+17%0.072+119%
Return On Equity--0.2040.2040%0.207-1%0.179+14%0.097+112%
Total Gains Per Share--0.5940.5940%0.589+1%0.432+38%0.386+54%
Usd Book Value--331899890.000331899890.0000%331833900.000+0%284903590.400+16%805184835.025-59%
Usd Book Value Change Per Share---0.001-0.0010%-0.007+356%-0.217+14735%0.015-110%
Usd Book Value Per Share--0.3840.3840%0.3850%0.330+16%0.934-59%
Usd Dividend Per Share--0.5960.5960%0.5960%0.649-8%0.371+61%
Usd Eps--1.4811.4810%1.304+14%1.057+40%0.542+173%
Usd Free Cash Flow--27000160.00027000160.0000%55735700.000-52%43114663.400-37%71078675.247-62%
Usd Free Cash Flow Per Share--0.0310.0310%0.065-52%0.050-38%0.082-62%
Usd Free Cash Flow To Equity Per Share---0.001-0.0010%0.027-105%0.032-104%0.007-119%
Usd Market Cap677138220.288-47%994706534.600994706534.6000%516899404.800+92%495296965.672+101%311399409.428+219%
Usd Price Per Share0.786-46%1.1501.1500%0.600+92%0.574+100%0.361+219%
Usd Profit--67786060.00067786060.0000%68551800.000-1%55858658.200+21%39244988.842+73%
Usd Revenue--290754270.000290754270.0000%312228500.000-7%281746047.200+3%1222880907.614-76%
Usd Total Gains Per Share--0.5940.5940%0.589+1%0.432+38%0.386+54%
 EOD+4 -4MRQTTM+0 -0YOY+16 -205Y+25 -1110Y+19 -17

3.2. Fundamental Score

Let's check the fundamental score of Drdgold based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-150.531
Price to Book Ratio (EOD)Between0-12.048
Net Profit Margin (MRQ)Greater than00.233
Operating Margin (MRQ)Greater than00.248
Quick Ratio (MRQ)Greater than13.620
Current Ratio (MRQ)Greater than14.472
Debt to Asset Ratio (MRQ)Less than10.231
Debt to Equity Ratio (MRQ)Less than10.300
Return on Equity (MRQ)Greater than0.150.204
Return on Assets (MRQ)Greater than0.050.157
Total9/10 (90.0%)

3.3. Technical Score

Let's check the technical score of Drdgold based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5028.881
Ma 20Greater thanMa 500.814
Ma 50Greater thanMa 1000.807
Ma 100Greater thanMa 2000.781
OpenGreater thanClose0.786
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-06-302020-06-302021-06-302022-06-302023-06-30
Retained Earnings  -201,24479,362-121,88228,212-93,67048,933-44,73749,2974,560



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in USD. All numbers in thousands.

Summary
Total Assets431,373
Total Liabilities99,473
Total Stockholder Equity331,900
 As reported
Total Liabilities 99,473
Total Stockholder Equity+ 331,900
Total Assets = 431,373

Assets

Total Assets431,373
Total Current Assets170,031
Long-term Assets261,342
Total Current Assets
Cash And Cash Equivalents 130,737
Net Receivables 6,882
Inventory 21,879
Other Current Assets 10,532
Total Current Assets  (as reported)170,031
Total Current Assets  (calculated)170,031
+/-0
Long-term Assets
Property Plant Equipment 206,813
Long Term Investments 958,300
Long-term Assets Other 2,100
Long-term Assets  (as reported)261,342
Long-term Assets  (calculated)1,167,213
+/- 905,871

Liabilities & Shareholders' Equity

Total Current Liabilities38,019
Long-term Liabilities61,454
Total Stockholder Equity331,900
Total Current Liabilities
Short-term Debt 598
Accounts payable 27,778
Other Current Liabilities 9,279
Total Current Liabilities  (as reported)38,019
Total Current Liabilities  (calculated)37,654
+/- 365
Long-term Liabilities
Capital Lease Obligations 39,700
Long-term Liabilities  (as reported)61,454
Long-term Liabilities  (calculated)39,700
+/- 21,754
Total Stockholder Equity
Retained Earnings 4,560
Accumulated Other Comprehensive Income 327,313
Total Stockholder Equity (as reported)331,900
Total Stockholder Equity (calculated)331,873
+/- 26
Other
Capital Stock6,187,900
Cash and Short Term Investments 130,737
Common Stock Shares Outstanding 864,962
Current Deferred Revenue365
Liabilities and Stockholders Equity 431,373
Net Debt -128,637
Net Invested Capital 6,274,100
Net Tangible Assets 6,274,100
Net Working Capital 2,495,500
Property Plant and Equipment Gross 6,204,400
Short Long Term Debt Total 2,100



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302012-06-30
> Total Assets 
304,737
1,957,765
2,503,038
2,419,100
2,287,400
2,360,400
287,917
326,630
444,575
431,770
431,373
431,373431,770444,575326,630287,9172,360,4002,287,4002,419,1002,503,0381,957,765304,737
   > Total Current Assets 
57,553
377,318
608,984
600,700
548,300
626,300
46,528
126,032
187,180
187,697
170,031
170,031187,697187,180126,03246,528626,300548,300600,700608,984377,31857,553
       Cash And Cash Equivalents 
36,499
167,588
324,375
351,800
253,700
302,100
19,821
98,711
152,674
154,062
130,737
130,737154,062152,67498,71119,821302,100253,700351,800324,375167,58836,499
       Net Receivables 
8,112
82,073
102,925
73,200
111,300
79,000
4,716
7,263
9,476
8,717
6,882
6,8828,7179,4767,2634,71679,000111,30073,200102,92582,0738,112
       Inventory 
12,941
118,063
168,729
160,700
180,300
233,000
21,601
18,613
23,812
23,747
21,879
21,87923,74723,81218,61321,601233,000180,300160,700168,729118,06312,941
   > Long-term Assets 
0
0
0
0
0
1,734,100
241,389
200,599
257,396
244,073
261,342
261,342244,073257,396200,599241,3891,734,10000000
       Property Plant Equipment 
200,716
1,408,120
1,698,774
1,600,500
1,497,600
1,452,700
196,812
150,855
196,774
188,130
206,813
206,813188,130196,774150,855196,8121,452,7001,497,6001,600,5001,698,7741,408,120200,716
       Long Term Investments 
41,787
27,487
3,385
9,000
8,800
253,400
618,600
821,300
819,300
862,200
958,300
958,300862,200819,300821,300618,600253,4008,8009,0003,38527,48741,787
       Other Assets 
0
144,841
191,895
208,900
232,700
272,000
0
0
0
765,700
862,200
862,200765,700000272,000232,700208,900191,895144,8410
> Total Liabilities 
104,954
769,660
973,113
1,079,500
985,000
1,093,100
97,253
94,101
106,984
99,936
99,473
99,47399,936106,98494,10197,2531,093,100985,0001,079,500973,113769,660104,954
   > Total Current Liabilities 
31,917
246,630
303,618
304,500
257,000
320,700
32,493
42,929
37,223
38,156
38,019
38,01938,15637,22342,92932,493320,700257,000304,500303,618246,63031,917
       Short-term Debt 
3,753
119,271
0
0
0
0
780
581
1,184
1,190
598
5981,1901,1845817800000119,2713,753
       Short Long Term Debt 
3,753
119,271
23,096
0
0
0
0
0
0
0
0
0000000023,096119,2713,753
       Accounts payable 
28,165
169,880
258,353
167,900
200,900
227,000
22,700
20,029
24,715
26,175
27,778
27,77826,17524,71520,02922,700227,000200,900167,900258,353169,88028,165
       Other Current Liabilities 
0
16,467
17,612
73,600
5,200
4,200
8,630
20,627
10,988
10,327
9,279
9,27910,32710,98820,6278,6304,2005,20073,60017,61216,4670
   > Long-term Liabilities 
0
0
0
0
0
772,400
64,760
51,171
69,761
61,781
61,454
61,45461,78169,76151,17164,760772,40000000
       Capital Lease Obligations Min Short Term Debt
-3,753
-119,271
0
0
0
14,700
10,220
46,519
53,616
51,111
39,102
39,10251,11153,61646,51910,22014,700000-119,271-3,753
       Deferred Long Term Liability 
10,642
0
0
0
0
0
0
0
0
0
0
000000000010,642
> Total Stockholder Equity
183,064
1,001,501
1,529,425
1,339,100
1,301,900
1,267,300
190,663
232,529
337,591
331,834
331,900
331,900331,834337,591232,529190,6631,267,3001,301,9001,339,1001,529,4251,001,501183,064
   Common Stock
0
3,314,853
4,225,071
4,227,900
4,227,900
4,227,900
363,321
357,318
434,798
376,541
327,313
327,313376,541434,798357,318363,3214,227,9004,227,9004,227,9004,225,0713,314,8530
   Retained Earnings Total Equity00000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
32,167
354,383
431,227
376,541
327,313
327,313376,541431,227354,38332,167000000
   Capital Surplus 00000000000
   Treasury Stock00000000000
   Other Stockholders Equity 
0
138,651
135,830
140,200
0
0
-3,617
-357,318
-434,798
-376,541
-327,313
-327,313-376,541-434,798-357,318-3,61700140,200135,830138,6510



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue290,754
Cost of Revenue-209,838
Gross Profit80,91680,916
 
Operating Income (+$)
Gross Profit80,916
Operating Expense-8,834
Operating Income72,08272,082
 
Operating Expense (+$)
Research Development0
Selling General Administrative172,900
Selling And Marketing Expenses164,066
Operating Expense8,834336,966
 
Net Interest Income (+$)
Interest Income195,900
Interest Expense-291
Other Finance Cost-19,309
Net Interest Income176,300
 
Pretax Income (+$)
Operating Income72,082
Net Interest Income176,300
Other Non-Operating Income Expenses0
Income Before Tax (EBT)89,21154,953
EBIT - interestExpense = 71,791
89,211
68,077
Interest Expense291
Earnings Before Interest and Taxes (EBIT)72,08289,502
Earnings Before Interest and Taxes (EBITDA)86,031
 
After tax Income (+$)
Income Before Tax89,211
Tax Provision-405,000
Net Income From Continuing Ops1,281,400-315,789
Net Income67,786
Net Income Applicable To Common Shares1,281,400
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses218,673
Total Other Income/Expenses Net17,129-176,300
 

Technical Analysis of Drdgold
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Drdgold. The general trend of Drdgold is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Drdgold's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Drdgold.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.786 < 0.786 < 0.786.

The bearish price targets are: 0.786 > 0.786 > 0.786.

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Drdgold Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Drdgold. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Drdgold Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Drdgold. The current macd is -0.01192394.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Drdgold price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Drdgold. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Drdgold price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Drdgold Daily Moving Average Convergence/Divergence (MACD) ChartDrdgold Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Drdgold. The current adx is 46.73.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Drdgold shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Drdgold Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Drdgold. The current sar is 0.86290224.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Drdgold Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Drdgold. The current rsi is 28.88. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 1/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
Drdgold Daily Relative Strength Index (RSI) ChartDrdgold Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Drdgold. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Drdgold price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Drdgold Daily Stochastic Oscillator ChartDrdgold Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Drdgold. The current cci is -47.61904762.

Drdgold Daily Commodity Channel Index (CCI) ChartDrdgold Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Drdgold. The current cmo is -68.42329572.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Drdgold Daily Chande Momentum Oscillator (CMO) ChartDrdgold Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Drdgold. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Drdgold Daily Williams %R ChartDrdgold Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Drdgold.

Drdgold Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Drdgold. The current atr is 0.00415251.

Drdgold Daily Average True Range (ATR) ChartDrdgold Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Drdgold. The current obv is -35,100.

Drdgold Daily On-Balance Volume (OBV) ChartDrdgold Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Drdgold. The current mfi is 0.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Drdgold Daily Money Flow Index (MFI) ChartDrdgold Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Drdgold.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-01-05MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-23MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-04-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Drdgold Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Drdgold based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5028.881
Ma 20Greater thanMa 500.814
Ma 50Greater thanMa 1000.807
Ma 100Greater thanMa 2000.781
OpenGreater thanClose0.786
Total2/5 (40.0%)
Penke

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