Detour Gold Corporation Can’t Burn Your Long Portfolio. Has Another Strong Session

 Detour Gold Corporation Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of Detour Gold Corporation (TSE:DGC) is a huge mover today! About 728,252 shares traded hands. Detour Gold Corporation (TSE:DGC) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 5 months positive chart setup for the $3.23B company. It was reported on Nov, 16 by Barchart.com. We have $21.63 PT which if reached, will make TSE:DGC worth $678.30 million more.

Detour Gold Corporation (TSE:DGC) Ratings Coverage

Out of 12 analysts covering Detour Gold Corporation (TSE:DGC), 8 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 67% are positive. $41 is the highest target while $17 is the lowest. The $27.20 average target is 52.13% above today’s ($17.88) stock price. Detour Gold Corporation has been the topic of 35 analyst reports since August 4, 2015 according to StockzIntelligence Inc. National Bank Canada maintained the shares of DGC in a report on Friday, November 27 with “Outperform” rating. The stock has “Outperform” rating given by RBC Capital Markets on Wednesday, November 2. The stock of Detour Gold Corporation (TSE:DGC) earned “Negative” rating by Credit Suisse on Wednesday, November 2. The firm earned “Outperform” rating on Monday, June 27 by National Bank Canada. The firm has “Buy” rating by Desjardins Securities given on Friday, July 29. The company was downgraded on Thursday, November 3 by IBC. GMP Securities downgraded Detour Gold Corporation (TSE:DGC) on Thursday, November 3 to “Hold” rating. TD Securities maintained Detour Gold Corporation (TSE:DGC) on Friday, July 29 with “Buy” rating. The firm earned “Outperform” rating on Thursday, January 14 by RBC Capital Markets. The stock of Detour Gold Corporation (TSE:DGC) earned “Outperform” rating by Scotia Capital on Wednesday, June 8.

More important recent Detour Gold Corporation (TSE:DGC) news were published by: Business.Financialpost.com which released: “Detour Gold Corp plunges, downgraded because of ‘uncertainty’ and …” on November 02, 2016, also Fool.ca published article titled: “Why Detour Gold Corporation Is Different From Other Gold Miners”, Business.Financialpost.com published: “Fed hesitation drives S&P/TSX Composite index, Detour Gold Corp higher” on March 17, 2016. More interesting news about Detour Gold Corporation (TSE:DGC) was released by: Midasletter.com and their article: “S&P/TSX Composite index Gainers: Amaya Inc., Detour Gold Corp., Goldcorp” with publication date: February 01, 2016.

Detour Gold Corporation is a Canada intermediate gold producing company. The company has a market cap of $3.23 billion. The Firm is engaged in the acquisition, exploration, development and operation of mineral property interests. It currently has negative earnings. The Company’s 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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