Media stories about DRDGOLD (NYSE:DRD) have been trending somewhat positive recently, according to AlphaOne Sentiment Analysis. The research group, a division of Accern, ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. DRDGOLD earned a news impact score of 0.16 on AlphaOne’s scale. AlphaOne also gave press coverage about the basic materials company an impact score of 25 out of 100, indicating that recent news coverage is very unlikely to have an impact on the stock’s share price in the near term.
Shares of DRDGOLD (NYSE:DRD) traded up 0.22% during trading on Thursday, reaching $4.50. 246,802 shares of the company traded hands. DRDGOLD has a 12 month low of $3.70 and a 12 month high of $9.10. The stock has a market capitalization of $189.93 million, a PE ratio of 56.25 and a beta of -1.42. The company has a 50-day moving average of $5.01 and a 200-day moving average of $5.11.
Separately, HSBC Holdings plc downgraded shares of DRDGOLD from a “hold” rating to a “reduce” rating in a report on Friday, January 27th.
COPYRIGHT VIOLATION WARNING: “DRDGOLD (DRD) Given Daily Coverage Optimism Score of 0.16” was originally reported by WKRB News and is the sole property of of WKRB News. If you are reading this piece on another website, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be accessed at https://www.wkrb13.com/markets/2065655/drdgold-drd-given-daily-coverage-optimism-score-of-0-16.html.
DRDGOLD Company Profile
DRDGOLD Limited is a gold mining company. The Company is engaged in gold production by tailings retreatment. The Company is focused on the recovery of lower-risk, higher-margin ounces primarily from its metallurgical plant located approximately 50 kilometers east of Johannesburg in Brakpan. The Company owns approximately 100% of its holding company, Ergo Mining Operations Proprietary Limited (EMO).
This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2065655/drdgold-drd-given-daily-coverage-optimism-score-of-0-16.html
Receive News & Ratings for DRDGOLD Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DRDGOLD Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.