Detour Gold Up 1% on Strong Q3; Reiterates 2017 Production Guidance

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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Detour Gold Up 1% on Strong Q3; Reiterates 2017 Production Guidance

posted on Oct 26, 2017 11:33AM

2017-10-26 09:58:42 AM ET (MT Newswires)

09:58 AM EDT, 10/26/2017 (MT Newswires) -- Detour Gold (DGC.TO) added 1% in recent trade on the back of strong results for Q3 while reiterating its production guidance for 2017.

Adjusted EPS was $0.21, up from last year's $0.01. Metal sales grew to $164 million from $152 million.

During the quarter, the company produced 139,861 ounces of gold, up from last year's 127,758 ounces.

For 2017, the company still expects to produce 550,000 - 600,000 ounces of gold at all-in sustaining cost of $1,025 - $1,125 per ounce sold.

Price: 14.13 , Change: +0.18, Percent Change: +1.3

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