AfroTez

DRD Gold analysis

JSE:DRD   DRD GOLD LTD
DRD struggling to recover beyond R15 price range and a far cry from its peak price. The focus is certainly not on Gold stocks or commodities right now especially from Retail investors. A price increase from R14 to R15 will yield a 6.6% increase and chances are like the pas months price my fall again to sup R14 levels. On the positive side the price is reluctant to touch R13 price mark. Fair to say it’s stable between R14 and R15.

Comments