In a new note to investors today, an analyst has provided a rating update for the Materials sector company, Detour Gold (DGC). Analyst Don DeMarco from National Bank reiterated a Buy rating, with a C$16.25 price target.
According to TipRanks.com, DeMarco is a 4-star analyst with an average return of 14.2% and a 75.0% success rate. DeMarco covers the Basic Materials sector, focusing on stocks such as Detour Gold Corporation, OceanaGold Corporation, and Kirkland Lake Gold Ltd.
Detour Gold has an analyst consensus of Moderate Buy, with a price target consensus of C$14.63.
The company has a one-year high of C$15.40 and a one-year low of C$9.11. Currently, Detour Gold has an average volume of 725.4K.
Detour Gold Corp. engages acquisition, exploration, development, and operation of mineral properties. It focuses in the Detour Lake Mine located in northeastern Ontario. The company was founded by Gerald S. Panneton on July 19, 2006 and is headquartered in Toronto, Canada.
The company’s shares closed on Monday at C$12.83.
