Last $12.21 USD
Change Today +0.07 / 0.58%
Volume 11.5K
DRGDF On Other Exchanges
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As of 5:20 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

detour gold corp (DRGDF) Snapshot

Open
$12.17
Previous Close
$12.14
Day High
$12.31
Day Low
$12.04
52 Week High
06/23/14 - $14.50
52 Week Low
11/25/13 - $2.75
Market Cap
1.9B
Average Volume 10 Days
23.2K
EPS TTM
--
Shares Outstanding
157.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for DETOUR GOLD CORP (DRGDF)

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detour gold corp (DRGDF) Details

Detour Gold Corporation, a gold mining company, is engaged in the acquisition, exploration, development, and operation of mineral properties in Canada. The company’s primary asset is the Detour Lake mine located in Northeastern Ontario. Its property consists of a contiguous block of unpatented mining claims, mining leases, and patented claims in the District of Cochrane, as well as a group of claims located in Massicotte Township, Québec. Detour Gold Corporation was founded in 2006 and is headquartered in Toronto, Canada.

detour gold corp (DRGDF) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$465.4K
Chief Financial Officer
Total Annual Compensation: C$307.7K
Chief Operating Officer
Total Annual Compensation: C$515.1K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: C$325.0K
Senior Vice President of Corporate and Aborig...
Total Annual Compensation: C$325.0K
Compensation as of Fiscal Year 2013.

detour gold corp (DRGDF) Key Developments

Detour Gold Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Production Results for the Second Quarter Ended June 30, 2014; Revises Production Guidance for the Year 2014

Detour Gold Corporation reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported loss from mine operations of USD 2.6 million against USD 0.2 million a year ago. Net loss was USD 35.0 million or USD 0.23 per share against net earnings of USD 23.1 million or USD 0.19 per share a year ago. Adjusted net loss was USD 17.4 million or USD 0.12 per share against adjusted net loss of USD 11.8 million or USD 0.10 per share a year ago. Revenues for the second quarter were USD 139.0 million from the sales of 107,206 ounces of gold at an average realized price of USD 1,293 per ounce versus the average London PM fix gold price of USD 1,288 per ounce. Operating cash flow before changes in working capital for the three months ended June 30, 2014 was USD 38.8 million. During the quarter, sustaining capital expenditures totaled USD 27.1 million of which USD 6.2 million was on the tailings dam construction raise, USD 2.4 million on the processing plant, USD 16.0 million on mine equipment, and USD 2.5 million for other. For the six months, the company reported revenues from gold sales of USD 248.6 million. Net loss was USD 89.980 million against net earnings of USD 46.510 million a year ago. Adjusted net loss was USD 45.462 million or USD 0.29 per basic share against adjusted net loss of USD 24.677 million or USD 0.20 per basic share a year ago. For the quarter, the company reported gold production totaled of 117,366 ounces against 57,897 a year ago, driven primarily by higher gold grades due to improved dilution control. The mill processed 4.4 million tonnes of ore from a combination of direct feed (65%) and run-of-mine stockpiles (35%) at an average grade of 0.91 g/t with recoveries of 91%. The mill facility processed an average of 48,569 tonnes of ore per day (tpd) in the second quarter with 83% availability, approximately 4% higher than the first quarter but at the low end of expectations for the quarter. A total of 19.0 Mt was mined during the second quarter with mining rates averaging 209,000 tpd, below projected rates of 230,000 tpd. The company has revised its mine output from 92 Mt to 82 Mt and mill output from 19 Mt to 17.7 Mt for 2014. The company expects total gold production to be in the range of 450,000 oz- 500,000 oz compared to previous guidance rang of 450,000 oz -480,000 oz and sustaining capital expenditures of USD 131 million compared to previous guidance rang of USD 125 million- USD 135 million.

Detour Gold Corporation to Report Q2, 2014 Results on Jul 29, 2014

Detour Gold Corporation announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 29, 2014

Detour Gold Corporation, Q2 2014 Earnings Call, Jul 30, 2014

Detour Gold Corporation, Q2 2014 Earnings Call, Jul 30, 2014

 

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Price/Book 1.0x
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TEV/Sales 3.1x
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