Detour Gold Co. (TSE:DGC) has been given an average rating of “Buy” by the eleven analysts that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$15.50.
Several equities analysts recently issued reports on the company. Raymond James lifted their price objective on Detour Gold from C$15.00 to C$16.00 in a report on Friday, January 18th. National Bank Financial reduced their price objective on Detour Gold from C$17.25 to C$16.25 and set an “outperform” rating for the company in a report on Monday, February 4th.
In other news, Senior Officer James Whyte Mavor sold 20,000 shares of Detour Gold stock in a transaction on Friday, March 15th. The stock was sold at an average price of C$12.95, for a total value of C$259,000.00. Following the completion of the sale, the insider now owns 25,000 shares of the company’s stock, valued at C$323,750. Also, Director Andre Roger Falzon sold 23,496 shares of Detour Gold stock in a transaction on Monday, March 11th. The shares were sold at an average price of C$12.74, for a total value of C$299,444.77. Following the completion of the sale, the director now directly owns 10,000 shares of the company’s stock, valued at approximately C$127,445.
Detour Gold Company Profile
Detour Gold Corporation, a gold mining company, engages in the acquisition, exploration, development, and operation of mineral properties in Canada. It primarily explores for gold. The company's primary asset is the Detour Lake property consisting of a contiguous block of mining claims and leases totaling 646 square kilometers located in the District of Cochrane.
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