Analyst Actions: Detour Gold Reaffirmed with Outperform,

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,

posted on Feb 01, 2017 11:21AM

$23 Target Price at BMO Capital

2017-02-01 11:11:00 AM ET (MT Newswires)

11:11 AM EST, 02/01/2017 (MT Newswires) -- Detour Gold (DGC.TO) tumbled in recent trade after BMO Capital reiterated an outperform rating and target price of $23.

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.

BMO still expects EPS of $0.17 for 2016 and a net loss of $0.04 per share for 2017.

The stock moves at the lower half of 52-week range $15.36 - $35.93.

Price: 17.05 , Change: -0.60 , Percent Change: -3.4

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