Detour Gold Co. (DGC) to Release Quarterly Earnings on Monday
Detour Gold Co. (TSE:DGC) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of C$0.10 per share for the quarter.
Shares of Detour Gold Co. (DGC) opened at 13.65 on Monday. Detour Gold Co. has a 12-month low of $13.24 and a 12-month high of $27.08. The firm has a market cap of $2.38 billion and a PE ratio of 91.00. The firm’s 50-day moving average is $15.02 and its 200-day moving average is $15.98.
Several equities analysts have recently commented on the company. Credit Suisse Group upgraded Detour Gold from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 2nd. National Bank Financial upped their price target on Detour Gold from C$20.50 to C$23.00 in a research report on Friday, July 28th. Canaccord Genuity upped their price target on Detour Gold from C$21.00 to C$23.00 and gave the company a “buy” rating in a research report on Friday, July 28th. Finally, CSFB dropped their price target on Detour Gold from C$19.00 to C$17.50 in a research report on Tuesday, July 18th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of C$21.05.
In related news, Director Paul Douglas Martin bought 6,250 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were purchased at an average cost of C$15.43 per share, with a total value of C$96,437.50.
Detour Gold Company Profile
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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