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Detour Gold Corp (DRGDF.PK)

DRGDF.PK on OTC Markets Group

13.22USD
26 May 2017
Change (% chg)

$0.10 (+0.75%)
Prev Close
$13.12
Open
$13.34
Day's High
$13.40
Day's Low
$13.20
Volume
8,765
Avg. Vol
29,607
52-wk High
$27.63
52-wk Low
$10.80

Latest Key Developments (Source: Significant Developments)

DETOUR GOLD Q1 EARNINGS PER SHARE $0.03
Thursday, 27 Apr 2017 05:57pm EDT 

April 27 (Reuters) - Detour Gold Corp ::DETOUR GOLD REPORTS FIRST QUARTER 2017 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.06.Q1 EARNINGS PER SHARE $0.03.Q1 REVENUE $163.7 MILLION.DETOUR GOLD CORP - QTRLY GOLD PRODUCTION OF 131,418 OUNCES.DETOUR GOLD CORP - QTRLY TOTAL CASH COSTS OF $788 PER OUNCE SOLD AND AISC OF $1,118 PER OUNCE SOLD.Q1 EARNINGS PER SHARE VIEW $0.02, REVENUE VIEW $164.4 MILLION -- THOMSON REUTERS I/B/E/S.QTRLY AVERAGE MILL THROUGHPUT OF 58,114 TPD AND MINING RATE OF 242,000 TPD.DETOUR GOLD CORP - DETOUR GOLD'S GUIDANCE FOR 2017 IS BETWEEN 550,000 AND 600,000 OUNCES OF GOLD.DETOUR GOLD CORP - PROJECTED CAPITAL EXPENDITURES FOR 2017 REMAIN AS PREVIOUSLY STATED AT APPROXIMATELY $160 TO $180 MILLION.DETOUR GOLD CORP - SEES FY TOTAL CASH COSTS OF $690 TO $750 PER OUNCE SOLD.DETOUR GOLD CORP - ALL-IN SUSTAINING COSTS ARE EXPECTED TO BE BETWEEN $1,025 AND $1,125 PER OUNCE SOLD FOR FY."MINING RATES ARE EXPECTED TO COMMENCE TRENDING HIGHER STARTING IN Q2".Q1 EARNINGS PER SHARE VIEW $0.02 -- THOMSON REUTERS I/B/E/S.Q1 REVENUE VIEW $164.4 MILLION -- THOMSON REUTERS I/B/E/S.DETOUR GOLD - IN PROCESS OF ARRANGING UP TO $500 MILLION IN BANK DEBT WHICH WILL BE USED TO REPAY OUTSTANDING CONVERTIBLE NOTES OF CURRENTLY $338 MILLION.DETOUR GOLD - IN PROCESS OF ARRANGING UP TO $500 MILLION IN BANK DEBT WHICH WILL ALSO REPLACE COMPANY'S SENIOR SECURED CREDIT FACILITY OF CDN$135 MILLION.  Full Article

Detour Gold posts Q4 adjusted loss per share $0.03
Wednesday, 22 Mar 2017 06:43pm EDT 

Detour Gold Corp : Detour Gold reports fourth quarter and full-year 2016 results . Q4 adjusted loss per share $0.03 . Q4 loss per share $0.08 . Q4 earnings per share view $0.04 -- Thomson Reuters I/B/E/S . Quarterly gold production of 143,512 ounces . Says company plans to arrange up to $450 million in financing in 2017 to ensure its future liquidity needs are well managed . Qtrly revenues of $176.6 million versus $145.7 million .Detour gold corp - co is in discussions with its mobile fleet equipment vendor to assess availability of obtaining a debt facility of up to $100 million.  Full Article

Detour Gold sees 2018 gold production between 600,000 to 670,000 ounces
Tuesday, 1 Nov 2016 09:29pm EDT 

Detour Gold Corp : Detour Gold provides preliminary 2017 outlook . Says preliminary gold production for 2017 is estimated to be between 540,000 and 590,000 ounces . Says preliminary 2017 mine plan is dependent on year-end face position in campbell pit area . Continues to expect to refinance less than $300 million of convertible notes at maturity . Preliminary gold production for 2018 expected to range from 600,000 to 670,000 ounces . Does not intend to provide final production and cost guidance for 2018 in Jan 2017 .Detour Gold provides preliminary 2017 outlook.  Full Article

Detour Gold re-purchases $60 mln of convertible notes
Monday, 22 Aug 2016 07:00am EDT 

Detour Gold Corp : Detour Gold re-purchases $60 million of convertible notes .Says "we expect to re-finance less than $300 million of notes at maturity".  Full Article

Detour Gold Q2 adjusted earnings per share $0.02
Thursday, 28 Jul 2016 07:03am EDT 

Detour Gold Corp : Detour Gold Corp says for Q2 total cash costs of $691 per ounce sold and AISC of $1,030 per ounce sold . Accelerated its debt reduction program by buying back $82 million of debt from cash flow in Q2 . Now in a position to have surplus cash to meet debt reduction target of $300 million by year-end . To remove upper end of annual production guidance . Company is narrowing its 2016 gold production guidance to between 540,000 and 570,000 ounces . Detour Gold Corp qtrly gold production totaled 139,359 ounces, in line with company's quarterly guidance range . Detour Gold reports second quarter 2016 results . Q2 adjusted earnings per share $0.02 . Q2 loss per share $0.18 . Q2 earnings per share view $0.07 -- Thomson Reuters I/B/E/S . Q2 revenue $166.7 million versus I/B/E/S view $185.7 million .Detour Gold Corp says Q2 revenues of $166.7 million on gold sales of 131,606 ounces at an average realized price of $1,230 per ounce.  Full Article

Detour Gold provides operational update for Detour Lake Mine Tour on June 7
Monday, 6 Jun 2016 05:48pm EDT 

Detour Gold Corp : Gold production for Q2 is forecast to be at mid-point of quarterly range guidance of 125,000 to 150,000 ounces . Reiterates its 2016 guidance of between 540,000 and 590,000 ounces of gold at total cash costs of us$675 to $750 per ounce sold .Detour Gold provides operational update for Detour Lake Mine Tour on June 7.  Full Article

Detour Gold Corp gives FY 2016 production guidance
Monday, 25 Jan 2016 07:00am EST 

Detour Gold Corp:Sees FY 2016 gold production of 540,000-590,000 (oz).  Full Article

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BRIEF-Detour Gold announces senior management change

* Detour Gold announces senior management change Source text for Eikon: Further company coverage: