Stock Rating Upgrade
In the last week the Value Trend Rating for DRDGold Ltd (NYSE: DRD) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 11/15/24, DRDGold Ltd (NYSE: DRD) stock declined by -2.0%, closing at $9.23. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -17.4% during the last week.
Current PriceTarget Research Rating
DRDGold has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. DRDGold has a neutral Appreciation Score of 47 but a good Power Rating of 85, producing the Positive Value Trend Rating.
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