Detour Gold Corporation (TSE:DGC) Rating Reaffirmed
National Bank Financial now has a $17.50 target PPS on the $2.28B market cap company or 31.88% upside potential. In a recent research report issued to clients on 27 November, Detour Gold Corporation (TSE:DGC) shares have had their Outperform Rating reiterated by expert analysts at National Bank Financial.
From a total of 3 analysts covering Detour Gold Corporation (TSE:DGC) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $20 while the lowest target price is $17. The mean of all analyst targets is $17.97 with a 34.51% above today’s ($13.36) stock price. Detour Gold Corporation was the topic of 9 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. National Bank Canada maintained shares on November 27 with “Outperform” rating.
The stock decreased 0.45% or $0.06 on November 27, striking $13.36. Approximately 427,280 shares of stock traded hands. Detour Gold Corporation (TSE:DGC) has risen 15.87% since April 27, 2015 and is uptrending. It has outperformed by 16.76% the S&P500.
Detour Gold Corporation is a Canada intermediate gold producing company. The company has a market cap of $2.28 billion. The Firm owns and operates the Detour Lake mine in Northern Ontario. It currently has negative earnings. The Detour Lake gold mine is a large open pit operation located approximately 300 kilometers northeast of Timmins.