Detour Gold (DGC) Price Target Raised to C$18.00

Detour Gold (TSE:DGC) had its target price increased by Eight Capital from C$16.65 to C$18.00 in a research note issued to investors on Tuesday morning.

Several other research analysts also recently commented on the company. Canaccord Genuity boosted their target price on Detour Gold from C$22.50 to C$23.50 in a research note on Friday, January 19th. BMO Capital Markets set a C$26.00 target price on Detour Gold and gave the stock an outperform rating in a research note on Thursday, January 18th. Desjardins reissued a buy rating on shares of Detour Gold in a research note on Monday, December 11th. National Bank Financial lowered their target price on Detour Gold from C$22.50 to C$21.50 and set an outperform rating for the company in a research note on Friday, October 27th. Finally, Scotiabank lowered their target price on Detour Gold from C$21.00 to C$18.00 and set an outperform rating for the company in a research note on Thursday, October 26th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of C$20.10.

Detour Gold (TSE:DGC) opened at C$12.02 on Tuesday. The company has a market capitalization of $2,110.00, a PE ratio of 28.62 and a beta of -1.61. Detour Gold has a 52 week low of C$11.78 and a 52 week high of C$20.30.

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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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