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Detour GoldDGC.TOPARTIAL SELLMar 08, 2017Stock price when the opinion was issued
As of Feb 04, 2020. Market Open.
It is a higher cost asset. It is more volatile. They have a cash flow profile that will drop in a couple of years. The stock is off while investors plan to come back to it in a couple of years. You are buying it for the cost of the infrastructure. He would prefer to hold it for two years. (Analysts’ target: $20.44).
This is seen as a higher cost gold producer. Chart shows it has dropped from almost $36, and is in danger of testing a big band of congestion area at around $10. If $10 is too much of a pain, then sell your holdings here, or at least sell half.