Julie Galloway Sells 16,601 Shares of Detour Gold Co. (DGC) Stock
Detour Gold Co. (TSE:DGC) insider Julie Galloway sold 16,601 shares of the business’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of C$18.09, for a total transaction of C$300,312.09.
Shares of Detour Gold Co. (TSE:DGC) traded down 0.49% during mid-day trading on Thursday, reaching $18.31. 890,799 shares of the company’s stock were exchanged. Detour Gold Co. has a one year low of $14.35 and a one year high of $35.93. The firm’s market capitalization is $3.20 billion. The stock has a 50-day moving average of $16.80 and a 200 day moving average of $17.44.
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A number of brokerages have commented on DGC. CIBC decreased their price target on shares of Detour Gold from C$23.00 to C$21.00 and set a “neutral” rating for the company in a research note on Tuesday, January 31st. Royal Bank of Canada decreased their price target on shares of Detour Gold from C$25.00 to C$23.00 and set a “sector perform” rating for the company in a research note on Thursday, February 2nd. Goldman Sachs Group Inc boosted their price target on shares of Detour Gold from C$22.00 to C$24.00 and gave the company a “buy” rating in a research note on Thursday, February 9th. Scotiabank decreased their price target on shares of Detour Gold from C$25.00 to C$24.00 and set an “outperform” rating for the company in a research note on Tuesday, January 31st. Finally, TD Securities restated a “buy” rating and set a C$22.00 price target on shares of Detour Gold in a research note on Monday, May 1st. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of C$22.15.
About Detour Gold
Detour Gold Corporation is a Canada-based intermediate gold producing company. The Company is engaged in the acquisition, exploration, development and operation of mineral property interests. Its primary asset is its Detour Lake mine, which is an open pit operation located in northeastern Ontario, approximately 300 kilometers northeast of Timmins and over 180 kilometers by road northeast of Cochrane.
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