Detour Gold’s (DGC) “Hold” Rating Reiterated at Beacon Securities

Detour Gold (TSE:DGC)‘s stock had its “hold” rating restated by analysts at Beacon Securities in a report released on Monday. Beacon Securities also issued estimates for Detour Gold’s Q1 2018 earnings at $0.15 EPS, Q2 2018 earnings at $0.15 EPS, Q3 2018 earnings at $0.18 EPS and Q4 2018 earnings at $0.18 EPS.

Several other research firms also recently weighed in on DGC. BMO Capital Markets set a C$26.00 price objective on Detour Gold and gave the company an “outperform” rating in a report on Thursday, January 18th. Canaccord Genuity increased their price objective on Detour Gold from C$22.50 to C$23.50 in a report on Friday, January 19th. Eight Capital reissued a “buy” rating on shares of Detour Gold in a report on Thursday, November 16th. Desjardins reissued a “buy” rating on shares of Detour Gold in a report on Monday, December 11th. Finally, National Bank Financial downgraded Detour Gold from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from C$21.50 to C$14.00 in a report on Monday. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of C$19.41.

Shares of Detour Gold (TSE:DGC) opened at C$12.26 on Monday. The firm has a market capitalization of $2,140.00, a P/E ratio of 19.16 and a beta of -1.40. Detour Gold has a fifty-two week low of C$11.48 and a fifty-two week high of C$18.88.

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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.

Analyst Recommendations for Detour Gold (TSE:DGC)

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