Analyst Actions: Detour Gold Reaffirmed with Outperform, $26 Target Price at BMO Capital

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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 Reaffirmed with Outperform, $26 Target Price at BMO Capital

posted on Jan 18, 2018 11:18AM

2018-01-18 11:10:48 AM ET (MT Newswires)

11:10 AM EST, 01/18/2018 (MT Newswires) -- Detour Gold (DGC.TO) slipped in recent trade after BMO Capital maintained its outperform rating and target price of $26 on the stock.

BMO said Detour Lake is beginning to enjoy the benefits of economies of scale and optimization efforts continue to improve operations. Exploration results at Lower Detour have been encouraging, the broker added.

BMO still expects EPS of $0.57 for 2017 and $0.75 for 2018.

Price: 14.05, Change: -0.05, Percent Change: -0.4

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