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Detour Gold Corp (DGC.TO)

DGC.TO on Toronto Stock Exchange

10.97CAD
22 Jun 2018
Change (% chg)

$0.58 (+5.58%)
Prev Close
$10.39
Open
$10.55
Day's High
$11.04
Day's Low
$10.52
Volume
1,151,553
Avg. Vol
1,055,713
52-wk High
$17.86
52-wk Low
$9.11

Latest Key Developments (Source: Significant Developments)

Detour Gold Announces Board And Management Changes
Friday, 18 May 2018 

May 18 (Reuters) - Detour Gold Corp ::DETOUR GOLD ANNOUNCES BOARD AND MANAGEMENT CHANGES.SAYS CEO AND PRESIDENT PAUL MARTIN TO RETIRE.MICHAEL KENYON, CHAIRMAN OF BOARD, WILL ASSUME ROLE OF INTERIM CHIEF EXECUTIVE OFFICER.ALEX MORRISON, DIRECTOR, WILL ASSUME ROLE OF BOARD CHAIRMAN EFFECTIVE JUNE 1, 2018..DETOUR GOLD - MARTIN WILL BE RETIRING AS PRESIDENT AND CHIEF EXECUTIVE OFFICER AND AS A MEMBER OF BOARD, EFFECTIVE JUNE 1.  Full Article

Detour Gold Reports Q1 EPS $0.06
Thursday, 26 Apr 2018 

April 26 (Reuters) - Detour Gold Corp ::DETOUR GOLD REPORTS FIRST QUARTER 2018 RESULTS AND PROVIDES UPDATE ON MINE PLAN ASSESSMENT WITH GUIDANCE REVISIONS FOR 2018.Q1 EARNINGS PER SHARE $0.06.Q1 EARNINGS PER SHARE VIEW $0.15 -- THOMSON REUTERS I/B/E/S.Q1 ADJUSTED EARNINGS PER SHARE $0.16.Q1 REVENUE $201.4 MILLION VERSUS I/B/E/S VIEW $194.5 MILLION.PROVIDES UPDATE ON MINE PLAN ASSESSMENT WITH GUIDANCE REVISIONS FOR 2018.CO IS REVISING ITS 2018 ANNUAL GOLD PRODUCTION GUIDANCE TO BETWEEN 595,000 OUNCES AND 635,000 OUNCES.2018 FREE CASH FLOW BEFORE FINANCING ACTIVITIESO ESTIMATED AT $55 MILLION COMPARED TO $115 MILLION IN PRIOR GUIDANCE.GOLD PRODUCTION TOTALED 157,141 OUNCES IN Q1, REFLECTING HIGHER HEAD GRADES OFFSET BY LOWER MILL THROUGHPUT TONNAGE.RESCHEDULED NORTH PIT DEVELOPMENT AND ANY IMPACT ON WALTER LAKE TO 2026.DELAY OF WEST DETOUR PROJECT IS RESULTING IN DEFERRAL OF APPROXIMATELY 150,000 OUNCES TO BEYOND 2019-23 PERIOD.DEVELOPMENT OF WEST DETOUR PIT REMAINS IN 2025.  Full Article

Detour Gold reports Q3 adjusted earnings per share $0.21
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Detour Gold Corp :Detour Gold reports third quarter 2017 results.Q3 adjusted earnings per share $0.21.Q3 earnings per share $0.24.Q3 revenue $164 million versus I/B/E/S view $191.5 million.Q3 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Detour Gold Corp - ‍sees 2017 gold production 550,000 oz - 600,000​ oz.Detour Gold - ‍projected capital expenditures for 2017 remain as previously stated at about $160 to $180 million with higher capitalized stripping costs​.  Full Article

Detour Gold re-purchases $60 mln of convertible notes
Monday, 22 Aug 2016 

Detour Gold Corp : Detour Gold re-purchases $60 million of convertible notes .Says "we expect to re-finance less than $300 million of notes at maturity".  Full Article

Detour Gold Q2 adjusted earnings per share $0.02
Thursday, 28 Jul 2016 

Detour Gold Corp : Detour Gold Corp says for Q2 total cash costs of $691 per ounce sold and AISC of $1,030 per ounce sold . Accelerated its debt reduction program by buying back $82 million of debt from cash flow in Q2 . Now in a position to have surplus cash to meet debt reduction target of $300 million by year-end . To remove upper end of annual production guidance . Company is narrowing its 2016 gold production guidance to between 540,000 and 570,000 ounces . Detour Gold Corp qtrly gold production totaled 139,359 ounces, in line with company's quarterly guidance range . Detour Gold reports second quarter 2016 results . Q2 adjusted earnings per share $0.02 . Q2 loss per share $0.18 . Q2 earnings per share view $0.07 -- Thomson Reuters I/B/E/S . Q2 revenue $166.7 million versus I/B/E/S view $185.7 million .Detour Gold Corp says Q2 revenues of $166.7 million on gold sales of 131,606 ounces at an average realized price of $1,230 per ounce.  Full Article

CANADA STOCKS - TSX rises 0.37 percent as energy gains

NEW YORK, June 11 * The Toronto Stock Exchange's S&P/TSX rose 60.60 points, or 0.37 percent, to 16,263.29. * The biggest contributor to the TSX gain/loss was Enbridge Inc , adding 16.62 net index points. Energy was the top sector contributor with 41.4 net points to the upside. * Leading the index were MEG Energy Corp, up 6 percent, Pretium Resources Inc, up 5.2 percent, and Detour Gold Corp , higher by 4.1 percent. * Lagging shares were Prometic Life Sciences Inc, down 4.2 percent, A