DRDGOLD Sells Stellar Energy Unit and Secures Long-Term Renewable Power Supply

Claim 50% Off TipRanks Premium and Invest with Confidence Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potentialAn announcement from Drdgold ( (DRD) ) is now available. On 19 December 2025, DRDGOLD announced that its wholly owned subsidiary Ergo Mining has sold its 100% interest in Stellar Energy Solutions, a developer of a shovel-ready 150MWh solar power project in Polokwane, to NOA Group Assets for R147.5 million in cash, with implementation set for 23 December 2025. The deal allows DRDGOLD to unlock value from the Stellar Project while simultaneously concluding a long-term electricity supply agreement under which NOA Group will provide 76GWh of renewable power annually from January 2028, supporting the company’s carbon-reduction goals and its Vision 2028 growth plans; this follows the successful commissioning during the 2025 financial year of a 60MWh solar plant and 160MWh battery system at Ergo, which already supplies about half of that operation’s power needs and generates grid credits from Eskom. The most recent analyst rating on (DRD) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Drdgold stock, see the DRD Stock Forecast page. Spark’s Take on DRD Stock According to Spark, TipRanks’ AI Analyst, DRD is a Outperform. Drdgold’s strong financial performance and positive technical indicators are the primary drivers of its overall score. The company shows robust revenue growth and profitability, supported by a solid balance sheet. Technical analysis indicates a strong upward trend, although caution is advised due to potential overbought conditions. The valuation is fair but not particularly compelling. The lack of earnings call and corporate events data does not impact the score. To see Spark’s full report on DRD stock, click here. More about Drdgold DRDGOLD Limited is a South African gold producer focused on the recovery of gold from surface tailings, primarily through its Ergo operations near Brakpan in Gauteng. The company has increasingly invested in renewable energy infrastructure, including solar power and battery storage, to support its operations, reduce energy costs, and lower its carbon footprint in line with its long-term growth and sustainability strategy. Average Trading Volume: 625,944 Technical Sentiment Signal: Buy Current Market Cap: $2.59B