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NEW YORK (

TheStreet

) -- Shares of

DRDGold

(Nasdaq:

DROOY

) were gapping down Tuesday morning with an open price 14.6% lower than Monday's closing price. The stock closed at $6.49 Monday and opened today's trading at $5.54.

The average volume for DRDGold has been 152,300 shares per day over the past 30 days. DRDGold has a market cap of $261.3 million and is part of the

basic materials

sector and

metals & mining

industry. Shares are up 33.3% year to date as of the close of trading on Monday.

DRDGOLD Limited engages in the exploration, extraction, processing, and smelting of gold in South Africa. The company has a P/E ratio of 17, above the average metals & mining industry P/E ratio of 5.9 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Recommends

TheStreet Ratings rates DRDGold as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full

DRDGold Ratings Report

.

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