Drdgold vs Fortuna Mining
Fortuna Mining is the larger business, with $947m of revenue in fiscal 2025 against $661m for Drdgold (1.4 times as much). Drdgold grew faster (52.3% against 39.8%). Drdgold kept more of each dollar of sales as profit: a net margin of 38.1% against 30.4%. Drdgold carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | DrdgoldDRD, 2026 | Fortuna MiningFSM, 2025 |
|---|---|---|
| Revenue | $661m | $947m |
| Revenue growth | 52.3% | 39.8% |
| Net income | $252m | $287m |
| Operating margin | 51.4% | 43.1% |
| Net margin | 38.1% | 30.4% |
| Return on equity | 39.4% | 18.7% |
| Free cash flow | $127m | — |
| Cash | $169m | $554m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 2.3% | — |
| Share buybacks | — | $10.3m |
| Employees | — | — |
| Market value | $1.96bn | $2.96bn |
| Price vs our value range | Within our value range | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 20 sales | 0 buys, 0 sales |