With Canaccord's analysis suggesting the gold price and the NYSE Arca Gold Bugs Index may have bottomed, Lesiak upgraded Goldcorp Inc., Centerra Gold Inc., Detour Gold Corp. and Fortuna Silver Mines Inc. to buy from hold. “Some investors were caught ...
For many investors, Gerald Panneton was Detour Gold Corp. It was Mr. Panneton, a veteran geologist, who saw the potential of the Detour Lake gold property back in 2006, long after most of the industry lost interest in it.
TORONTO, ONTARIO--(Marketwired - Sept. 6, 2016) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") today announces a revision to its 2016 production guidance to between 525,000 to 545,000 ounces of gold.
Shares of Detour Gold Corp. were pummelled on Monday, for the second consecutive day, after the Canadian miner warned that it would not produce as much gold as previously forecast from its only mine in northern Ontario.
While the S&P/TSX Composite index (INDEXTSI:OSPTX) is down by 186 points, or 1.45 percent, a select few issuers are bucking the trend, like Amaya Inc. (TSE:AYA)(NASDAQ:AYA), Detour Gold Corporation(TSE:DGC), and Goldcorp Inc.(TSE:G)(NYSE:GG).