Detour Gold (OTCMKTS:DRGDF) Stock Price Passes Above 50 Day Moving Average of $17.23

Detour Gold Co. (OTCMKTS:DRGDF)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $17.23 and traded as high as $15.65. Detour Gold shares last traded at $15.23, with a volume of 33,092 shares traded.

Several research firms have weighed in on DRGDF. Canaccord Genuity reissued a “buy” rating on shares of Detour Gold in a research report on Friday, July 19th. National Bank Financial downgraded shares of Detour Gold to a “hold” rating in a research report on Friday, June 28th. GMP Securities downgraded shares of Detour Gold from a “buy” rating to a “hold” rating in a research report on Tuesday, July 23rd. Finally, Raymond James reissued a “hold” rating on shares of Detour Gold in a research report on Friday, May 24th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Detour Gold currently has an average rating of “Hold”.

The firm’s 50-day simple moving average is $17.24 and its two-hundred day simple moving average is $12.02.

Detour Gold Company Profile (OTCMKTS:DRGDF)

Detour Gold Corporation, a gold mining company, engages in the acquisition, exploration, development, and operation of mineral properties in Canada. It primarily explores for gold. The company's primary asset is the Detour Lake property consisting of a contiguous block of mining claims and leases totaling 646 square kilometers located in the District of Cochrane.

Featured Article: Understanding the different types of bonds

Receive News & Ratings for Detour Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Detour Gold and related companies with MarketBeat.com's FREE daily email newsletter.