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Detour Gold Corporation

DGC.TO

Latest Trade

20.50CAD

Change

0.11(+0.54%)

Volume

428,607

Today's Range

20.16

 - 

20.54

52 Week Range

9.38

 - 

25.45

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
20.39
Open
20.27
Volume
428,607
3M AVG Volume
21.81
Today's High
20.54
Today's Low
20.16
52 Week High
25.45
52 Week Low
9.38
Shares Out (MIL)
176.68
Market Cap (MIL)
3,621.89
Forward P/E
31.61
Dividend (Yield %)
--

Next Event

Q3 2019 Detour Gold Corp Earnings Call

Latest Developments

More

Detour Gold Announces Amendments To Credit Facility

Detour Gold Q2 Earnings Per Share $0.09

Detour Gold Announces Management Changes

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About Detour Gold Corporation

Detour Gold Corporation is a Canada-based intermediate gold producing company. The Company is engaged in the acquisition, exploration, development and operation of mineral property interests. Its primary asset is its Detour Lake mine, which is an open pit operation located in northeastern Ontario, approximately 300 kilometers northeast of Timmins and over 180 kilometers by road northeast of Cochrane. Its Detour Lake property consists of a contiguous block of mining claims and leases totaling approximately 620 square kilometers in the District of Cochrane. The Company's projects also include Detour Lake Exploration Block A and Detour Lake Exploration Regional. The Block A near-surface deposit is located approximately one kilometer northwest of the mine and contains a measured and indicated resource of approximately two million ounces, and has completed over 160,000 meters of drilling. The Company controls approximately 630 square kilometers of the Detour Lake Exploration Regional.

Industry

Gold & Silver

Contact Info

199 Bay Street Suite 4100

Stn Commerce Court

PO Box 121

+1.416.3040800

https://www.detourgold.com/

Executive Leadership

Dawn Whittaker

Independent Chairman of the Board

Michael James McMullen

President, Chief Executive Officer, Director

Frazer W. Bourchier

Chief Operating Officer

Dale Ekmark

Vice President - Mine General Manager

Kelly Barrowcliffe

Vice President of Human Resources

Key Stats

2.21 mean rating - 14 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

0.7K

2017

0.7K

2018

0.8K

2019(E)

0.8K
EPS (USD)

2016

0.060

2017

0.660

2018

0.370

2019(E)

0.501
Price To Earnings (TTM)
78.31
Price To Sales (TTM)
3.49
Price To Book (MRQ)
1.36
Price To Cash Flow (TTM)
12.43
Total Debt To Equity (MRQ)
10.42
LT Debt To Equity (MRQ)
10.33
Return on Investment (TTM)
1.46
Return on Equity (TTM)
1.40

Latest News

Latest News

Detour Gold names Paulson-backed Bill Williams as interim CEO

Detour Gold said on Thursday it has picked Paulson & Co-backed nominee Bill Williams to be its interim chief executive officer, replacing Michael Kenyon.

UPDATE 2-Paulson's success at Detour Gold could serve as 'template' for future activism

Billionaire hedge fund manager John Paulson's success in ousting the bulk of Detour Gold Corp's board could serve as a "template" for an expected increase in shareholder activism in the gold sector, institutional investors said on Thursday.

Detour Gold shareholders vote against CEO, chairman - Globe & Mail

Detour Gold Corp's shareholders on Thursday voted to remove five of its nine board members, including Chief Executive Officer Michael Kenyon and Chairman Alex Morrison, the Globe & Mail reported https://tgam.ca/2EhLj7f.

Detour Gold extends voting as early results suggest board shakeup

Detour Gold said on Monday it extended the voting deadline by two days after some shareholders with substantial holding voted to replace the entire board.

UPDATE 1-Glass Lewis, Livermore back Paulson's Detour Gold proxy fight

Independent proxy adviser Glass Lewis and hedge fund Livermore Partners on Wednesday joined activist investor Paulson & Co's call to make changes to the board of Canadian miner Detour Gold Corp.

CORRECTED-Glass Lewis recommends Detour Gold chairman's removal, addition of Paulson nominees

Proxy adviser Glass Lewis on Wednesday recommended replacing Detour Gold Chairman Alex Morrison and two other board members with nominees from activist investor Paulson & Co.

UPDATE 1-ISS backs Detour Gold board proposals in Paulson proxy fight

Institutional Shareholder Services Inc (ISS) has advised shareholders to vote for Detour Gold Corp's refreshed board of directors at an upcoming special shareholders' meeting, stopping short of more aggressive changes demanded by activist investor Paulson & Co, the company...

ISS recommends shareholders to vote for Detour Gold in proxy fight

Institutional Shareholder Services Inc (ISS) has recommended shareholders to vote in favor of Detour Gold Corp's plans at the upcoming special shareholders meeting, giving the gold miner a boost in its proxy fight with activist investor Paulson & Co.

Detour Gold denies Paulson's demand to immediately replace CEO

Detour Gold Corp said on Thursday Chief Executive Officer Michael Kenyon will head the company until it finds a permanent replacement, pushing back against hedge fund Paulson & Co's demand to immediately replace him.

UPDATE 1-Paulson seeks immediate resignation of Detour Gold's CEO

Hedge fund Paulson & Co on Thursday called for the immediate resignation of Detour Gold Corp's interim Chief Executive Officer Michael Kenyon and board member Alex Morrison, adding it does not favor a fire sale of the gold miner.

Detour Gold agrees to two Paulson nominees for its board

Detour Gold Corp said on Thursday it agreed to name two of investor Paulson & Co's nominees to its board as it looks to end a proxy fight with the hedge fund that had called for a complete overhaul of the board.

UPDATE 1-Second activist targets Canadian miner Detour, seeks board changes

U.S. hedge fund Livermore Partners has called for an overhaul of the board at Detour Gold Corp and a strategic review, becoming the second activist to target the Canadian mining company.

Second activist targets Canadian miner Detour; seeks board changes

U.S. hedge fund Livermore Partners is calling for an overhaul of the board at Detour Gold Corp and a strategic review, becoming the second activist to target the Canadian mining company.

UPDATE 2-Paulson rejects settlement with Detour Gold

Hedge fund Paulson & Co has rejected proposals from Canadian miner Detour Gold Corp which would have removed its interim chief executive officer in aid of settling a proxy dispute over the company's future, Detour said on Friday.

Detour Gold says hedge fund Paulson rejected its settlement offer

Canadian gold miner Detour Gold Corp said on Friday that its settlement offer regarding management changes, which included a plan to appoint a new chief executive officer, was rejected by hedge fund Paulson & Co.

Paulson & Co nominates eight members to Detour Gold board

Activist investor John Paulson's hedge fund on Thursday nominated eight members to Detour Gold Corp's board and reiterated its call for a special shareholder meeting, ratcheting up pressure on the gold miner.

UPDATE 1-Paulson & Co to ask Detour Gold for special meeting for board overhaul

Activist investor John Paulson's hedge fund on Thursday said it would urge Detour Gold Corp to call a special shareholder meeting to replace a majority of the company's directors, as it pushes for change at the Canadian gold miner.

Paulson & Co urges Detour Gold to call special meeting for board overhaul

Activist investor John Paulson's hedge fund on Thursday urged Detour Gold Corp to call a special shareholder meeting to replace a majority of the company's directors, as it pushes for change at the Canadian gold miner.

UPDATE 2-Detour Gold and Paulson trade barbs over hedge fund's campaign

Canadian miner Detour Gold and activist investor Paulson & Co entered into an increasingly heated public exchange on Wednesday over the hedge fund's campaign to seek change at the company and a possible merger approach.

CANADA STOCKS-TSX edges higher, led by materials; Shopify slides

* The Toronto Stock Exchange's S&P/TSX composite index rose 11.05 points, or 0.07 percent, to 15,618.93

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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