Detour Gold (DGC), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Farooq Hamed from Raymond James remains neutral on the stock and has a C$16 price target.
According to TipRanks.com, Hamed has 0 stars on 0-5 star ranking scale with an average return of -14.0% and a 34.6% success rate. Hamed covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals Ltd, Detour Gold Corporation, and Hudbay Minerals Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Detour Gold with a C$16.08 average price target.
The company has a one-year high of C$14.59 and a one-year low of C$9.38. Currently, Detour Gold has an average volume of 733K.
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$11.90.
