Detour Gold Corporation (DGC) - Financial and Strategic SWOT Analysis Review by GlobalData

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									                 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
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
       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 ....................
								
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