Johannesburg, South Africa. 10 November 2023. DRDGOLD Limited (JSE: DRD, A2X, NYSE: DRD) ranked second place in the prestigious Sunday Times Top 100 Companies 2023 awards, at a gala event last night.
These awards acknowledge JSE-listed companies that have earned the highest returns for their shareholders over the past five years. To determine the winners, an assessment of the share price performance of listed companies over a rolling five-year period using a hypothetical initial investment amount of R10 000 is carried out. This year’s investment measurement period ran from 31 August 2018 to 31 August 2023.
DRDGOLD came in second, with a total return over five years of 638%, the initial R10 000 investment growing to R73 843. Gold came out top on the night, with Gold Fields taking the honours with a total return of 668%.
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