DRGDF Detour Gold Corp featured news, full reports, and detailed charts
Detour Gold Corp (DRGDF/DRGDF.PK) Wrap Up:
Detour Gold Corporation engages in the acquisition, exploration, and development of mineral resource properties in Canada. Its flagship project consists of the Detour Lake property located on the Abitibi Greenstone Belt in northeastern Ontario. The property totals 265 square kilometers and hosts the Detour Lake deposit, which contains an in-pit gold resource of 13.2 million ounces. Detour Gold Corporation has a joint venture agreement with Trade Winds Ventures Inc. The company was founded in 2006 and is based in Toronto, Canada.Detour Gold Corp (DRGDF:Pink OTC Markets Inc)
Snapshot of Detour Gold Corp (DRGDF)
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OPEN
$13.89
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PREVIOUS CLOSE
$13.99
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DAY HIGH
$14.76
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DAY LOW
$13.89
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52 WEEK HIGH
10/14/09 - $15.70
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52 WEEK LOW
12/5/08 - $2.66
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MARKET CAP
1.0B
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AVERAGE VOLUME 3 mo
3.6K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
69.0M
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DRGDF Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
DRGDF Top Compensated Officers
Executives, Board Directors
Key developments for Detour Gold Corp (DRGDF)
Detour Gold Corporation expected to Report Q3 2009 Results on November 17, 2009. This event was calculated by Capital IQ (Created on November 9, 2009).
Detour Gold Corporation reported assay results for an additional 35 holes totaling 15,532 metres (including 5 holes abandoned for 940 metres) from its 2009 infill diamond drilling program at the Detour Lake project in northern Ontario. Thus far in 2009, the company has completed 93,578 metres of drilling of the budgeted 95,000 metres to finish the 40 metre by 40 metre drill spacing up to section 18,000E (west end of Calcite Zone). In the Calcite Zone, the company obtained encouraging results from 17 drill holes from sections 18,140E to 18,540E. A number of holes intersected significant gold mineralization just below the current $775 pit shell (used for the mineral reserve estimate of September 2009), which is expected to have a positive impact on the block model for the feasibility study. The most important results include: 2.66 g/t (uncut) or 2.40 g/t (cut) over 36.0 metres in hole DG-09-715 and 1.62 g/t (uncut) or 1.58 g/t (cut) over 46.0 metres in hole DG-09-722. Several holes in the Calcite Zone intersected wide gold intersections within the current pit design confirming the continuity of the mineralization: Hole DG-09-711 intersected 1.75 g/t (uncut) or 1.69 g/t (cut) over 82.0 metres; DG-09-719 intersected 1.90 g/t (uncut) or 1.49 g/t (cut) over 68.0 metres; and hole DG-09-702 intersected 1.43 g/t over 70 metres. Results from 17 infill holes completed from section 19,260E to 20,240E (west of the former open pit) continued to show good continuity of the gold mineralization in the core of the mineralized corridor. Of significance, holes DG-09-696 intersected 2.92 g/t (uncut) or 1.08 g/t (cut) over 40.6 metres and 16.69 g/t (uncut) or 3.83 g/t (cut) over 16.0 metres and hole DG-09-705 on section 19,520E intersected 1.95 g/t (uncut) or 1.51 g/t (cut) over 65.0 metres.
Detour Gold Corporation announced that the Taykwa Tagamou Nation and Detour Gold Corporation have signed a Memorandum of Understanding ('MOU') as an interim measure to guide their relationship as they negotiate an Impact and Benefit Agreement ('IBA') for the Detour Lake gold project in northeastern Ontario. The MOU guides how the parties will work together as the Detour Lake project advances through the feasibility, environmental assessment and permitting processes. It lays the ground work for both parties to negotiate an IBA, which will outline TTN's involvement and support for the project during the life of the mine.
DRGDF Competitors
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Industry Analysis
| Valuation | DRGDF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 4.4x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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DRGDF transactions
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| No transactions in the last 6 months. | ||
