Detour Gold Co. (DGC) Given Average Recommendation of “Buy” by Brokerages
Shares of Detour Gold Co. (TSE:DGC) have earned a consensus rating of “Buy” from the eleven analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is C$20.13.
DGC has been the topic of a number of recent research reports. Canaccord Genuity raised their price target on shares of Detour Gold from C$21.00 to C$22.50 in a report on Friday, September 29th. Desjardins restated a “buy” rating on shares of Detour Gold in a report on Monday, December 11th. Eight Capital reiterated a “buy” rating on shares of Detour Gold in a report on Thursday, November 16th. National Bank Financial dropped their target price on shares of Detour Gold from C$22.50 to C$21.50 and set an “outperform” rating on the stock in a report on Friday, October 27th. Finally, Scotiabank dropped their target price on shares of Detour Gold from C$21.00 to C$18.00 and set an “outperform” rating on the stock in a report on Thursday, October 26th.
Detour Gold (TSE:DGC) traded up C$0.56 during trading on Monday, hitting C$14.32. 928,495 shares of the stock were exchanged, compared to its average volume of 1,130,353. The company has a market cap of $2,500.00, a P/E ratio of 34.10 and a beta of -1.65. Detour Gold has a fifty-two week low of C$12.50 and a fifty-two week high of C$21.48.
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.
Receive News & Ratings for Detour Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Detour Gold and related companies with MarketBeat.com's FREE daily email newsletter.