Detour Gold (TSE:DGC) will be posting its quarterly earnings results after the market closes on Wednesday, October 24th. Analysts expect Detour Gold to post earnings of C$0.16 per share for the quarter.

Detour Gold (TSE:DGC) last released its quarterly earnings data on Wednesday, July 25th. The mining company reported C$0.15 EPS for the quarter, beating analysts’ consensus estimates of C$0.12 by C$0.03. Detour Gold had a return on equity of 8.60% and a net margin of 25.07%. The firm had revenue of C$247.54 million for the quarter.

DGC opened at C$11.22 on Monday. Detour Gold has a one year low of C$9.11 and a one year high of C$15.40.

A number of research analysts recently commented on DGC shares. CSFB decreased their price objective on Detour Gold from C$16.00 to C$15.50 in a report on Thursday, July 26th. Canaccord Genuity decreased their price objective on Detour Gold from C$21.00 to C$19.00 in a report on Tuesday, July 24th. Raymond James decreased their price objective on Detour Gold from C$16.00 to C$15.00 in a report on Friday. TD Securities decreased their price objective on Detour Gold from C$20.00 to C$18.50 and set a “buy” rating on the stock in a report on Friday, June 29th. Finally, Eight Capital upgraded Detour Gold from a “neutral” rating to a “buy” rating and decreased their price objective for the company from C$15.20 to C$14.80 in a report on Thursday, June 28th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Detour Gold currently has an average rating of “Buy” and a consensus price target of C$16.12.

In other Detour Gold news, insider Laurence Gaborit sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, July 30th. The stock was sold at an average price of C$12.63, for a total value of C$75,780.00. Also, Director John Michael Kenyon sold 82,927 shares of the business’s stock in a transaction that occurred on Wednesday, August 8th. The shares were sold at an average price of C$12.73, for a total value of C$1,055,660.71. Insiders sold 112,327 shares of company stock worth $1,416,743 over the last quarter.

About Detour Gold

Detour Gold Corporation, an intermediate gold mining company, engages in the acquisition, exploration, development, and operation of metal mineral properties in Canada. The company's primary asset is the Detour Lake property consisting of a contiguous group of mining leases and claims totaling 625 square kilometers located in the District of Cochrane.

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Earnings History for Detour Gold (TSE:DGC)

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