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DRDGOLD (DRD) Jumps: Stock Rises 5.9%
June 17, 2014

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DRDGOLD Ltd. was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.40 to $2.81 in the past one-month time frame.

The company has seen one positive revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for DRDGOLD. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

DRDGOLD currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other stocks to consider in the mining-gold industry include Agnico Eagle Mines Limited (AEM - Free Report) , Alamos Gold Inc. (AGI - Free Report) and Pretium Resources Inc. (PVG - Free Report) . While Agnico Eagle Mines sports a Zacks Rank #1 (Strong Buy), Alamos Gold and Pretium Resources have the same Zacks Rank as DRDGOLD.

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