Oct. 15 at 1:04 PM
$DRD surges 235.6% YTD — is it still a buy at a premium? 🚀
A 74% jump in operating profit for the first half of fiscal 2025, driven by higher gold prices and cost management, has fueled this rally. DRD currently carries a Zacks Rank of #1 (Strong Buy). However, it trades at a 22.85x forward P/E, a 41% premium to its industry.
Discover the full investment case here 👉 https://www.zacks.com/stock/news/2769308/will-drdgold-be-able-to-maintain-its-operating-profit-momentum?cid=sm-stocktwits-2-2769308-body-16129&ADID=SYND_STOCKTWITS_TWEET_2_2769308_BODY_16129