|Bid||13.81 x 0|
|Ask||13.88 x 0|
|Day's Range||13.48 - 13.87|
|52 Week Range||9.11 - 15.40|
|Beta (3Y Monthly)||0.60|
|PE Ratio (TTM)||51.26|
|Earnings Date||Oct 30, 2017 - Nov 3, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.06|
Detour Gold Corporation (TSX:DGC) has a volatile history, but if you understand the underlying drivers, you can triple your investment quickly.
Gold prices have risen 10% since the end of September 2018, while gold miners have climbed nearly twice that.
TORONTO , Feb. 11, 2019 /CNW/ - Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") and Paulson & Co. Inc. ("Paulson") announce that both parties have agreed ...
TORONTO, Jan. 22, 2019 /CNW/ - Detour Gold Corporation (TSX:DGC.TO - News) ("Detour Gold" or the "Company") provides guidance for 2019. The Company will host a conference call on Wednesday, January 23, 2019 at 11:00 AM ET. Refer to the end of this news release for an explanation and discussion of the non-IFRS measures total cash costs and all-in sustaining costs ("AISC").
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that there are more than a few examples Read More...
TORONTO , Jan. 15, 2019 /CNW/ - Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") reports strong fourth quarter and full year 2018 operating results for its Detour ...
NEW YORK, NY / ACCESSWIRE / January 14, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...
Risks abound, but the improved outlook for gold and Detour Gold Corp.'s (TSX:DGC) attractive valuation make now the time to buy the miner.
The Canadian gold miner was previously involved in a months-long proxy fight with billionaire John Paulson's hedge fund, which pushed for a complete overhaul of the board and Kenyon's resignation. Williams is a mining industry veteran and was a former CEO of gold and copper miner Orvana Minerals Corp (Toronto:ORV.TO - News).
TORONTO , Jan. 3, 2019 /CNW/ - Detour Gold Corporation (TSX : DGC) ("Detour Gold" or the "Company") announces the appointment of Bill Williams as Interim Chief Executive Officer ("CEO") ...
TORONTO , Dec. 19, 2018 /CNW/ - Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") announces that the Board of Directors has established Board committees that include ...
Hedge fund veteran John Paulson scored a win in his six-month proxy fight against Canadian mining company Detour Gold Corp. by overthrowing the bulk of its board. Paulson & Co. sought to replace eight of Detour Gold’s nine board members. At a shareholders meeting in Toronto on Thursday, five of the board nominees backed by Mr. Paulson were selected.
Detour Gold Corp. interim CEO Michael Kenyon resigned Thursday following a vote that saw shareholders side with activist investor Paulson & Co. Inc. in a extended proxy battle. The vote saw five Paulson-nominated directors approved, including two who had also been endorsed by Detour, as well as four others from the slate put forth by Detour. "Today's outcome represents a major victory for all of Detour’s shareholders," John Paulson, head of the Paulson & Co. hedge fund, said in a statement.
Paulson & Co. Inc. (“Paulson”), one of the largest, long-term shareholders in Detour Gold Corporation (DGC.TO) ("Detour Gold" or the "Company”) today announced its appreciation to fellow shareholders for voting to bring positive change to Detour Gold and its support for the Company’s newly constituted Board of Directors. At a Special Meeting of Detour Gold Shareholders held earlier today, the Company’s shareholders voted to remove Lisa Colnett, Edward Dowling, Michael Kenyon, Alex Morrison and Jonathan Rubenstein and to add Paulson director nominees Steve Feldman, Chris Robison, Ron Simkus, Dawn Whittaker and Bill Williams.
TORONTO , Dec. 13, 2018 /CNW/ - Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") announces the appointment of James Gowans as the Chairman of Detour Gold's board ...
Detour Gold Corp shareholders voted for five nominees of Paulson and Co and removed the interim CEO and Chairman, among others, from the nine-member board, the hedge fund said on Thursday, ending a months-long ...
In this article I am going to calculate the intrinsic value of Detour Gold Corporation (TSE:DGC) by taking the foreast future cash flows of the company and discounting them back Read More...
Company concerned that preliminary voting results suggest an outcome not intended by a majority of Detour Gold's shareholders – a change of control of the Company's board with serious operational repercussions ...
TORONTO, Dec. 6, 2018 /CNW/ - Detour Gold Corporation (TSX:DGC.TO - News) ("Detour Gold" or the "Company") is reminding shareholders that they only have until 10:00 a.m. (Toronto time) on Friday, December 7, 2018 to vote their BLUE proxy at the upcoming Special Meeting of Shareholders (the "Meeting"). Those that haven't voted are encouraged to do so, today, on their BLUE Proxy or Voting Instruction Form in favour of the Company's recommended refreshed board of directors (the "Board"). The composition of our Board addresses the Company's needs and acknowledges the importance of continuity and experience.
Glass Lewis recommended replacing Detour Chairman Alex Morrison and two other board members with Paulson nominees, while Livermore affirmed its call for an overhaul of the board. Livermore also confirmed its intention to vote in favor of Paulson's nominees.
Detour's existing management has been resisting Paulson's push for a board shakeup and the immediate dismissal of interim Chief Executive Officer Michael Kenyon and Chairman Alex Morrison. Paulson has about 6 percent stake in Detour.