5 Small-Cap Mining Stocks Hedge Funds Are Avoiding

In this piece, we will take a look at the five small-cap mining stocks hedge funds are avoiding. For more stocks, head on over to 10 Small-Cap Mining Stocks Hedge Funds Are Avoiding.

5. DRDGOLD Limited (NYSE:DRD)

Hedge Fund Investors In Q4 2022: 6

DRDGOLD Limited (NYSE:DRD), as the name suggests, is a gold mining company headquartered in Johannesburg, South Africa. The firm extracts and processes gold primarily in its home country. It is also one of the oldest companies on our list since it was set up in 1895. DRDGOLD Limited (NYSE:DRD) is a subsidiary of the multinational mining giant Sibanye-Stillwater.

As of last year’s fourth quarter, six of the 943 hedge funds profiled by Insider Monkey had held a stake in DRDGOLD Limited (NYSE:DRD). Out of these, the firm’s largest investor is Jim Simons’ Renaissance Technologies which owns 847,913 shares that are worth $6.2 million.