|Bid||14.41 x 0|
|Ask||14.42 x 0|
|Day's Range||13.88 - 14.59|
|52 Week Range||9.11 - 15.40|
|Beta (3Y Monthly)||0.60|
|PE Ratio (TTM)||53.37|
|Earnings Date||Oct 30, 2017 - Nov 3, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.06|
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Gold prices have risen 10% since the end of September 2018, while gold miners have climbed nearly twice that.
TORONTO , Jan. 22, 2019 /CNW/ - Detour Gold Corporation (DGC.TO) ("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...
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 ...
Detour Gold said on Thursday it has picked Paulson & Co-backed nominee Bill Williams to be its interim chief executive officer, replacing Michael Kenyon. 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.
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Detour Gold Corp shareholders on ...
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.
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. The Canadian mining company's shareholders voted for five board nominees backed by Paulson & Co at a special meeting on Thursday, and Detour's interim chief executive officer and the chairman were not re-elected to the nine-member board. Paulson's campaign could have implications across the sector, where activism is historically low, returns have been disappointing, compensation is above-average and insider ownership is below-average, Desjardins Group analysts wrote in a note.
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.
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. ...
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...
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. In response to Detour's move, activist investor John Paulson urged the company to release the voting results and respect the will of the shareholders. Detour's 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.
Detour Gold Provides Important Voting Results Update to Shareholders and Extends Voting Deadline to Ensure All Voices Heard
Canada's main stock index rose on Friday due to a rally in oil prices and a robust domestic jobs data, which eased worries over a recent economic slowdown. * Canada added a record number of jobs in November ...
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. 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.