Detour Gold Co. (OTCMKTS:DRGDF) Receives $27.00 Average Target Price from Analysts

Shares of Detour Gold Co. (OTCMKTS:DRGDF) have earned a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $27.00.

Several equities analysts have recently issued reports on the company. National Bank Financial lowered Detour Gold from a “sector perform” rating to an “underperform” rating in a research report on Tuesday, November 26th. Royal Bank of Canada restated a “buy” rating and set a $28.00 target price on shares of Detour Gold in a research report on Monday, January 6th. Canaccord Genuity upgraded Detour Gold to a “buy” rating and set a $27.50 target price for the company in a research report on Friday, December 6th. Finally, TD Securities lowered Detour Gold to a “buy” rating and set a $25.50 target price for the company. in a research report on Tuesday, November 26th.

DRGDF stock remained flat at $$17.50 during midday trading on Friday. The company had a trading volume of 17,527 shares, compared to its average volume of 46,877. Detour Gold has a 1 year low of $8.34 and a 1 year high of $20.06. The business’s fifty day moving average price is $18.60 and its two-hundred day moving average price is $17.19.

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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Analyst Recommendations for Detour Gold (OTCMKTS:DRGDF)

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