BRIEF-DRDGOLD Expects To Track Lower End Of Year End Gold Production Guidance

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  • Stock Market News
BRIEF-DRDGOLD Expects To Track Lower End Of Year End Gold Production Guidance

May 7 (Reuters) - DRDGOLD Ltd DRDJ.J :

* OPERATING UPDATE FOR THE QUARTER ENDED 31 MARCH 2020

* EXPECTS TO TRACK LOWER END OF GOLD PRODUCTION GUIDANCE OF 175,000 OUNCES FOR YEAR TO 30 JUNE 2020

* QTRLY GOLD PRODUCTION REFLECTED A 13% DECREASE QUARTER ON QUARTER

* QTRLY ADJUSTED EBITDA UP BY 18% TO R389.3 MILLION FOR CURRENT QUARTER COMPARED TO R329.8 MILLION FOR PREVIOUS QUARTER

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