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Detour GoldDGC.TOWEAK BUYAug 28, 2018Stock 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).
Had a big pop in 2016. The head and shoulders chart is now gone. This stock and gold are beat down. That said, it's cheap now. Buy or hold.