Stocks in play: Detour Gold Corporation
Reports its financial results for the year ended December 31, 2018. All amounts are in U.S. dollars. The firm reports annual gold production of 621,128 ounces, above mid-point of the annual guidance of 595,000 to 635,000 ounces. Revenues were $776.0 million on sales of 610,672 ounces of gold at an average realized gold price of $1,268 per ounce. Net loss was $1.0 million ($0.01 per basic share) and adjusted net earnings were $64.2 million ($0.37 per basic share). Detour Gold Corporation shares T.DGC are trading up $0.07 at $12.45.