Detour Gold Corporation (DGC) - Financial and Strategic SWOT
Analysis Review
Reference Code: GDMM158311FSA Publication Date: MAY 2012
Royal Bank Plaza - South Tower, 200
Phone +1 416 3040800 Revenue NA
Bay Street, Box#23
Toronto, ON Fax +1 416 3040184 Net Profit 18.44 (million USD)
M5J 2J1 Website www.detourgold.com Employees 203 (Estimated)
DGC [Toronto Stock
Canada Exchange Industry Metals and Mining
Exchange]
Company Overview
Detour Gold Corporation (Detour Gold) is a metal mining company. It focuses on the development of Detour Lake gold project at
the Abitibi Greenstone Belt in northeastern Ontario. This is an open pit gold reserves of 15.6 million ounces. Detour Gold is
headquartered in Ontario, Canada.
In 2011, the company's drilling program increased mineral reserves from 14.9 million ounces to 15.6 million ounces of gold.
Recently, it explored alternative options at Detour Lake and concluded mineral reserve of 15.6 million ounces of gold. This project
is expected to start in the first quarter of 2013 and produce an average of 650,000 ounces of gold annually over a period of at
least 20 years.
Key Executives SWOT Analysis
Name Title Detour Gold Corporation, SWOT Analysis
Gerald S. Panneton Chief Executive Officer Strengths Weaknesses
Peter Crossgrove Director Resource Base Growth Concerns
Louis Dionne Director Strategic Agreements
Ingrid J. Hibbard Director
Michael Kenyon Chairman Opportunities Threats
Source: Annual Report, Company Website, Primary and Secondary Rising Demand for Gold Competition
Research, GlobalData
Positive Results from Drilling Environmental Regulations
Share Data
Detour Gold Corporation Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
Share Price (USD) as on 10- 22.53
May-2012
EPS (USD) 0.20
Market Cap (million USD) 2,532
Enterprise Value (million USD) 2,258
Shares Outstanding (million) 113
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Financial Performance Recent Developments
Apr 24, 2012 Detour Gold Provides Update On Detour Lake
Open Pit Gold Mine In Northeastern Ontario
Mar 20, 2012 Detour Gold Announces Final Drill Results
From Its 2011 Drilling Program At Detour Lake
Project
Jan 25, 2012 Detour Gold Reserves Increase To 15.6 Million
Ounces At Detour Lake After 2011 Drilling
Jan 17, 2012 Detour Gold Starts 2012 Drilling Program At
Detour Lake Property
Source: Annual Report, Company Website, Primary and Secondary Research,
Source: Annual Report, Company Website, Primary and Secondary GlobalData
Research, GlobalData
Detour Gold Corporation (DGC) - Financial and Strategic SWOT Reference Code: GDMM158311FSA
Analysis Review
Source : www.globalcompanyintelligence.com Page 1
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Table of Contents
Table of Contents ............................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................. 4
List of Figures ................................................................................................................................................................................. 4
Section 1 - About the Company.......................................................................................................................................................... 5
Detour Gold Corporation - Key Facts ................................................................................................................................................. 5
Detour Gold Corporation - Key Employees ........................................................................................................................................ 6
Detour Gold Corporation - Key Employee Biographies ...................................................................................................................... 7
Detour Gold Corporation - Major Products and Services ................................................................................................................... 8
Detour Gold Corporation - History ...................................................................................................................................................... 9
Detour Gold Corporation - Company Statement............................................................................................................................... 11
Detour Gold Corporation - Locations And Subsidiaries .................................................................................................................... 12
Head Office ................................................................................................................................................................................... 12
Other Locations & Subsidiaries ..................................................................................................................................................... 12
Section 2 – Company Analysis ......................................................................................................................................................... 13
Detour Gold Corporation - Business Description .............................................................................................................................. 13
Detour Gold Corporation - SWOT Analysis ...................................................................................................................................... 14
SWOT Analysis - Overview........................................................................................................................................................... 14
Detour Gold Corporation - Strengths ............................................................................................................................................ 14
Strength - Resource Base ......................................................................................................................................................... 14
Strength - Strategic Agreements ............................................................................................................................................... 14
Strength - Location of Mines ..................................................................................................................................................... 14
Detour Gold Corporation - Weaknesses ....................................................................................................................................... 14
Weakness - Growth Concerns .................................................................................................................................................. 14
Detour Gold Corporation - Opportunities ...................................................................................................................................... 15
Opportunity - Rising Demand for Gold ...................................................................................................................................... 15
Opportunity - Positive Results from Drilling ............................................................................................................................... 15
Opportunity - Acquisition of Trade Winds .................................................................................................................................. 15
Detour Gold Corporation - Threats ............................................................................................................................................... 15
Threat - Competition.................................................................................................................................................................. 15
Threat - Environmental Regulations .......................................................................................................................................... 16
Threat - Operational Risks ........................................................................................................................................................ 16
Detour Gold Corporation - Key Competitors ..................................................................................................................................... 17
Section 3 – Company Financial Ratios ............................................................................................................................................. 18
Financial Ratios - Capital Market Ratios........................................................................................................................................... 18
Financial Ratios - Annual Ratios ...................................................................................................................................................... 18
Performance Chart ........................................................................................................................................................................... 19
Financial Performance...................................................................................................................................................................... 19
Financial Ratios - Interim Ratios....................................................................................................................................................... 20
Financial Ratios - Ratio Charts ......................................................................................................................................................... 21
Detour Gold Corporation, Recent Deals Summary........................................................................................................................... 22
Section 4 – Company’s Recent Developments ................................................................................................................................ 23
Detour Gold Corporation, Recent Developments.......................................................................................................................... 23
Apr 24, 2012: Detour Gold Provides Update On Detour Lake Open Pit Gold Mine In Northeastern Ontario ............................ 23
Mar 20, 2012: Detour Gold Announces Final Drill Results From Its 2011 Drilling Program At Detour Lake Project.................. 24
Jan 25, 2012: Detour Gold Reserves Increase To 15.6 Million Ounces At Detour Lake After 2011 Drilling .............................. 25
Detour Gold Corporation (DGC) - Financial and Strategic SWOT Reference Code: GDMM158311FSA
Analysis Review
Source : www.globalcompanyintelligence.com Page 2
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
Jan 17, 2012: Detour Gold Starts 2012 Drilling Program At Detour Lake Property ................................................................... 25
Jan 10, 2012: Detour Gold Announces Additional Drill Results From 2011 Drilling Program At Detour Lake Project ............... 26
Dec 22, 2011: Detour Gold Receives Approval For Detour Lake Mine In Ontario..................................................................... 27
Nov 14, 2011: Detour Gold Provides Update On Detour Lake Project In Ontario ....................