Analyst Actions: Detour Gold Cut to Hold at Canaccord Genuity;

Global measured and indicated mineral resources of 20.5 million ounces (inclusive of mineral reserves)

Advancing North America's 4th Largest Gold Reserves Towards Development

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Analyst Actions: Detour Gold Cut to Hold at Canaccord Genuity;

posted on Jul 12, 2016 12:56PM

Target Price Raised to $38

2016-07-12 12:47:00 PM ET (MT Newswires)

12:47 PM EDT, 07/12/2016 (MT Newswires) -- Gold producer Detour Gold (DGC.TO) fell 4% recently, having been downgraded to hold from buy at Canaccord Genuity.

Despite the downgrade, Canaccord increased its target price to $38 from $32.

The stock moves at the top half of 52-week range $10.62 - $35.93.

Price: 32.98, Change: -1.45, Percent Change: -4.2

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