DRDGOLD Targets 30% Revenue Growth and Higher Gold Output for FY 2027

Key Facts

1DRDGOLD targets gold production of 160,000–170,000 ounces for fiscal year 2027.

2FY 2027 revenue is projected at $891 million, representing a 29.85% year-over-year increase.

3The company's Vision 2028 aims for 6 tons of annual gold production, supported by plant expansions and CapEx.

Amid a significant global rally in precious metal prices, DRDGOLD has unveiled ambitious operational targets to bolster its production capacity in the coming years. According to reports, the company is targeting gold production between 160,000 and 170,000 ounces for fiscal year 2027. Furthermore, revenue for FY 2027 is projected to reach $891 million, representing a 29.85% year-over-year increase, supported by a 'Vision 2028' strategy aiming for 6 tons of annual output.

These positive forecasts are underpinned by the company's plans for increased capital expenditure and plant expansions to capitalize on gold prices, which reached $4,350.4 per ounce per analyst data. These figures reflect the company's ability to scale its reclamation business while maintaining unhedged exposure to gold prices. These expansions occur as market estimates suggest potential continued upward momentum for the precious metal over the next two years.

Regarding market performance, the DRD stock price stood at $26.53 at the close of September 22, 2026, with daily trading ranging between $25.54 and $26.68. Investors are closely monitoring the execution of capital expansion plans as a future catalyst, while the immediate economic calendar shows no direct mining-sector events, keeping the focus on the company's internal operational progress.