|Bid||18.20 x 0|
|Ask||18.22 x 0|
|Day's Range||17.97 - 18.31|
|52 Week Range||15.00 - 19.32|
|PE Ratio (TTM)||28.47|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||0.10 (0.59%)|
|1y Target Est||18.22|
Goldcorp (GG) has operations across Canada, the United States, Mexico, Central America, and South America. You can learn more about Goldcorp in Market Realist’s An Investors’ Guide to Goldcorp. Currently, 20 Wall Street analysts are tracking GG stock, of which 70% recommend “buys,” 25% recommend “holds,” and 5% recommend “sells.” Its current target price of $18.0 implies a potential upside of 26% based on its current market price.
With shares of Teck Reources Ltd. (TSX:TECK.B)(NYSE:TECK) trading at a premium to tangible book value, investors may want to take a major short position.
Five Gold Stocks Analysts Love—and Five They Don'tGold mining companies Recently, gold prices (GLD) have resumed their downward trend, mainly due to the US dollar’s strength. The SPDR Gold Shares ETF (GLD) has fallen 0.2% as of June 14. The VanEck Vectors Gold Miners ETF (GDX) has had a worse showing at -2.5% YTD (year-to-date). Among senior miners, only Goldcorp (GG) has gained in the double digits, rising 12.1% YTD. Newmont Mining (NEM) is the only other senior gold miner to have gained positively YTD in 2018. Barrick Gold (ABX) and Kinross Gold (KGC), on the other hand, have fallen 9. ...
When Goldcorp Inc’s (TSX:G) announced its latest earnings (31 March 2018), I wanted to understand how these figures stacked up against its past performance. The two benchmarks I used wereRead More...
Some makers and sellers of gold coins and bars are turning to blockchain, the digital ledger that underpins bitcoin, hoping to add some cryptocurrency luster to bullion trading. Businesses from iced tea to photography have embraced blockchain in name, as last year’s cryptocurrency craze ignited interest in the technology. This year, producers and traders are experimenting with a platform that logs ounces of bullion on a digital chain of ownership and creates a representation of trades.
Truck drivers that had been blocking access for two weeks to a Mexican mine operated by Canadian miner Goldcorp (Toronto:G.TO - News) lifted their blockade and will negotiate their demands with the firm, protesters and company representatives said on Friday. Work at the company's Peñasquito mine, which is one of the top gold producers in Mexico, was not affected by the protests, said Michael Harvey, Goldcorp's director of corporate affairs in Mexico. Ascension Carrillo, one of the leaders of the truck drivers, also confirmed that the blockade was lifted.
VANCOUVER , June 13, 2018 /CNW/ - GOLDCORP INC . (TSX: G, NYSE: GG) will release its 2018 second quarter results after market close on Wednesday, July 25, 2018 , followed by a conference call and webcast ...
NEW YORK, June 13, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Liberty ...
Today we’re going to take a look at the well-established Goldcorp Inc (TSX:G). The company’s stock saw a double-digit share price rise of over 10% in the past couple ofRead More...
Goldcorp Inc. (TSX:G)(NYSE:GG) just made a new First Nations deal and announced a quarterly dividend, but does it beat this one other mining stock?
VANCOUVER, June 6, 2018 /CNW/ - GOLDCORP INC. (TSX:G.TO - News) (NYSE:GG - News) ("Goldcorp" or "the Company") and three First Nation communities including Brunswick House First Nation (BHFN), Chapleau Cree First Nation (CCFN), and Chapleau Ojibwe First Nation (COFN) are pleased to announce the signing of an Impacts and Benefits Agreement (IBA) with respect to the development and operation of the Borden Gold project near the town of Chapleau in northern Ontario. Goldcorp now has collaborative agreements in place with 26 First Nations which assert Aboriginal and treaty rights in the vicinity of its operations in Canada.
LONDON, UK / ACCESSWIRE / June 5, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Barrick Gold, B2Gold, Goldcorp, and HudBay Minerals. The TSX Venture Exchange shaved off 4.18 points, or 0.55%, to finish at 761.76. Today's stocks of interest consist of: Barrick Gold Corporation (TSX: ABX), B2Gold Corporation (TSX: BTO), Goldcorp Inc. (TSX: G), and HudBay Minerals Inc. (TSX: HBM).
VANCOUVER, June 4, 2018 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to announce that its Board of Directors declared a second quarterly dividend for 2018 of $0.02 per share. Shareholders of record as of the close of business on Thursday, June 14, 2018 will be entitled to receive payment on Friday, June 22, 2018. The DRIP and enrollment forms are available on the Company's website, www.goldcorp.com, in the "Investor – Information for Shareholders" section under "Information about Dividends".
Which Gold Miners Could Show Upside Potential after Q1 2018? As precious metal prices started weakening, investors shifted their focus from high-leverage miners (GDX) (GDXJ) to low-leverage miners with sound growth plans, leading miners to trim their balance sheets. Newmont Mining’s (NEM) net debt at the end of the first quarter was ~$1 billion compared to $1.9 billion at the end of 2016.
Which Gold Miners Could Show Upside Potential after Q1 2018? AISC (all-in sustaining costs) is an encompassing measure that helps compare miners’ performances. The SPDR Gold Shares (GLD) is the largest physical gold-backed ETF and tracks the changes in physical gold prices.
After making discretionary cuts on exploration and capital expenditure for many years, gold miners (GDX) (JNUG) have started to refocus on production growth.
Which Gold Miners Could Show Upside Potential after Q1 2018? Barrick Gold (ABX) produced ~1.1 million ounces of gold in the first quarter, which reflects a decline of ~20% YoY. Barrick Gold has maintained its production guidance of 4.5 million–5 million ounces of gold in 2018, which implies a decline of ~11% compared to actual production in 2017 as measured at the midpoint.
Among the gold miners (RING) (GDX) we’re looking at in this series, only Goldcorp (GG) missed analysts’ earnings expectations. The reaction to the beats and misses and the extent of gold beats and misses varied among miners. In the broader equities market in the S&P 500 (SPY), 78% of miners that have released their first-quarter results have reported a positive earnings surprise, while 77% have reported a positive sales surprise. According to FactSet, these are the highest percentages since it started tracking the data in 2008.
Stocks like Agnico Eagle Mines Ltd. (TSX:AEM)(NYSE:AEM) could face volatility ahead of key meetings between North and South Korea and the United States.
Goldcorp (GG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Will Gold Be an Inflation Hedge or Tumble on the Fed's Decisions? As we’ve been discussing in this series, gold tends to influence the movements of precious metals miners. Gold also tends to dominate the precious metals: silver, platinum, and palladium are known to closely track its movements.
For today, WallStEquities.com scans four Gold stocks, particularly: Goldcorp Inc. (NYSE: GG), Harmony Gold Mining Co. Ltd (NYSE: HMY), Hecla Mining Co. (NYSE: HL), and IAMGOLD Corp. (NYSE: IAG). The precious metals industry is very capital intensive, and gold is the most popular precious metal for investors.