What is the current DRDGOLD market capitalization?
The current market capitalization of DRDGOLD is 1.55 T ZAR.
DRDGOLD Market capitalization 2024
DRDGOLD Market capitalization
1.55 T ZAR
Ticker
DRD.JO
ISIN
ZAE000058723
WKN
A0DNR0
In 2024, DRDGOLD's market cap stood at 1.55 T ZAR, a -5.69% increase from the 1.65 T ZAR market cap in the previous year.
The DRDGOLD Market capitalization history
| YEAR | Market Capitalization (undefined ZAR) |
|---|---|
| 2023 | 1.52 |
| 2022 | 0.98 |
| 2021 | 1.27 |
| 2020 | 1.36 |
| 2019 | 0.32 |
| 2018 | 0.14 |
| 2017 | 0.23 |
| 2016 | 0.3 |
| 2015 | 0.09 |
| 2014 | 0.12 |
| 2013 | 0.22 |
| 2012 | 0.21 |
| 2011 | 0.15 |
| 2010 | 0.14 |
| 2009 | 0.24 |
| 2008 | 0.22 |
| 2007 | 0.18 |
| 2006 | 0.29 |
| 2005 | 0.19 |
| 2004 | 0.36 |
DRDGOLD Aktienanalyse
What does DRDGOLD do?
DRDGOLD Ltd is a South African company that focuses on the extraction and processing of gold. The company has a long history, dating back to 1895 when it was established as Durban Roodepoort Deep Mine. Over the years, the company has evolved and merged with Ergo Mining in 1998 to become the current DRDGOLD Ltd. DRDGOLD's business model is focused on utilizing resources to maximize efficiency and production. The company operates several mines in South Africa, including the ERGO Combination Project in Brakpan, the Crown Mines Joint Venture, and the Sibanye-Stillwater Surface Tailings Retreatment Project. These mines are valuable resources in the gold industry as they contain large amounts of slag and residues from previous mining activities that still contain gold. DRDGOLD has perfected the process of recovering gold from slag through its technologically advanced facilities and equipment. The company is able to utilize the most challenging resources to extract valuable metal, making it one of the most competitive companies in the industry. DRDGOLD has also collaborated with other companies to develop new technologies and find more effective methods of gold recovery. The company is divided into several business segments that focus on different aspects of the gold industry. For example, there is the DRDGold Surface business segment, which focuses on processing mining and slag residues into gold. The Sibanye-Stillwater Surface business segment aims to process multiple mine areas from Sibanye-Stillwater in the Witwatersrand belt. The Crown Mines Joint Venture refers to the joint venture cooperation in the area of old mines in Johannesburg. In terms of products, DRDGOLD offers several different types of gold. These include: - Refined gold, also known as purified gold, is the end product obtained from the recycling process. It is high-quality gold that can be used for jewelry or investment. - CIL gold refers to the gold obtained through the CIL (Carbon-in-Leach) process, a chemical process. It is a method of extracting gold from gravity and slag residues found in the mines. - Pyrite concentrate gold refers to the gold obtained from the concentrate of pyrite extraction, which contains significant amounts of gold. DRDGOLD is a key player in the gold industry and has earned an excellent reputation over the years due to its innovative approach and commitment to resource recovery. The company has focused on creating value for its customers while operating in an environmentally conscious manner. With its knowledge and experience in gold extraction, DRDGOLD is able to advise its customers professionally and competently, while maintaining its influence in the gold industry. DRDGOLD ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring DRDGOLD's Market Capitalization
DRDGOLD's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of DRDGOLD's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
DRDGOLD's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in DRDGOLD’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about DRDGOLD stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like DRDGOLD.
How has the market capitalization of DRDGOLD developed in recent years?
The market capitalization of DRDGOLD has increased/decreased by -5.69% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of DRDGOLD?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of DRDGOLD?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of DRDGOLD have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does DRDGOLD pay?
Over the past 12 months, DRDGOLD paid a dividend of 0.85 ZAR . This corresponds to a dividend yield of about 0.05 %. For the coming 12 months, DRDGOLD is expected to pay a dividend of 0.93 ZAR.
What is the dividend yield of DRDGOLD?
The current dividend yield of DRDGOLD is 0.05 %.
When does DRDGOLD pay dividends?
DRDGOLD pays a quarterly dividend. This is distributed in the months of October, April, October, April.
How secure is the dividend of DRDGOLD?
DRDGOLD paid dividends every year for the past 19 years.
What is the dividend of DRDGOLD?
For the upcoming 12 months, dividends amounting to 0.93 ZAR are expected. This corresponds to a dividend yield of 0.05 %.
In which sector is DRDGOLD located?
DRDGOLD is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von DRDGOLD kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of DRDGOLD from 3/11/2024 amounting to 0.2 ZAR, you needed to have the stock in your portfolio before the ex-date on 3/6/2024.
When did DRDGOLD pay the last dividend?
The last dividend was paid out on 3/11/2024.
What was the dividend of DRDGOLD in the year 2023?
In the year 2023, DRDGOLD distributed 0.6 ZAR as dividends.
In which currency does DRDGOLD pay out the dividend?
The dividends of DRDGOLD are distributed in ZAR.
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Andere Kennzahlen von DRDGOLD
Our stock analysis for DRDGOLD Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of DRDGOLD Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
