Detour Gold’s (DGC) Buy Rating Reaffirmed at Desjardins
A number of other brokerages also recently issued reports on DGC. Canaccord Genuity upped their price target on Detour Gold from C$21.00 to C$22.50 in a research report on Friday, September 29th. CSFB raised Detour Gold from a neutral rating to an outperform rating and set a C$16.00 price target on the stock in a research report on Thursday, October 26th. Scotiabank reduced their price target on Detour Gold from C$21.00 to C$18.00 and set an outperform rating on the stock in a research report on Thursday, October 26th. Eight Capital reissued a buy rating on shares of Detour Gold in a research report on Thursday, November 16th. Finally, National Bank Financial cut their target price on Detour Gold from C$22.50 to C$21.50 and set an outperform rating on the stock in a research report on Friday, October 27th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average price target of C$20.45.
Detour Gold (DGC) opened at C$12.90 on Monday. Detour Gold has a 12-month low of C$12.50 and a 12-month high of C$21.48.
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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