GG - Goldcorp Inc.

NYSE - NYSE Delayed Price. Currency in USD
12.84
+0.09 (+0.71%)
At close: 4:01PM EST
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Previous Close12.75
Open12.72
Bid0.00 x 0
Ask0.00 x 0
Day's Range12.66 - 12.90
52 Week Range11.64 - 17.13
Volume5,756,671
Avg. Volume8,659,257
Market Cap11.124B
Beta0.37
PE Ratio (TTM)16.89
EPS (TTM)0.76
Earnings DateN/A
Forward Dividend & Yield0.08 (0.62%)
Ex-Dividend Date2017-12-13
1y Target Est17.83
Trade prices are not sourced from all markets
  • Is Pain in Store for Gold Mining ETFs on Muted Earnings?
    Zacks2 days ago

    Is Pain in Store for Gold Mining ETFs on Muted Earnings?

    Key gold miners came up with not-so-enthusiastic earnings reports for the fourth quarter. How did ETFs behave?

  • A Look at Valuation Catalysts for Goldcorp in 2018
    Market Realist2 days ago

    A Look at Valuation Catalysts for Goldcorp in 2018

    Goldcorp (GG) has the highest EV-to-forward-EBITDA (enterprise value to forward earnings before interest, tax, depreciation, and amortization) multiple of 8.0x among its senior gold miner peers (GDX). Its production growth has remained muted for the last two years, and its costs have trended higher. As we’ve seen in the previous parts of this series, Goldcorp’s production, costs, and reserves are expected to improve significantly over the years, backed by a solid project pipeline, which is progressing on schedule and budget.

  • Goldcorp Deleverages before Next Capital-Intensive Cycle
    Market Realist2 days ago

    Goldcorp Deleverages before Next Capital-Intensive Cycle

    At the end of 4Q17, its net debt and adjusted net debt was $2.2 billion and $2.1 billion, respectively, which implies a reduction of 3% and 5%, respectively, from its net and adjusted net debt at the end of 2016. In 2017, the company repaid $160 million in project finance facilities for Pueblo Viejo. Goldcorp has $500 million in debt due March 15, 2018, which it intends to repay through either cash from operations or drawing on its credit facility. It expects liquidity and free cash flow over the next five years to drive down its net debt to zero.

  • What Could Help Goldcorp Drive Unit Costs Down
    Market Realist2 days ago

    What Could Help Goldcorp Drive Unit Costs Down

    Can Goldcorp Stock Keep Up Its Performance in 2018?

  • Why Goldcorp’s Project Pipeline Could Drive Long-Term Growth
    Market Realist3 days ago

    Why Goldcorp’s Project Pipeline Could Drive Long-Term Growth

    Goldcorp (GG) has one of the strongest project pipelines in the industry. At Penasquito, the Pyrite Leach Project (or PLP) is 62% complete and expected to start commissioning in 4Q18, which is three months ahead of schedule. This project is expected to add ~1 million ounces of gold and 44 million ounces of silver over the current life of the mine.

  • Why Goldcorp’s Production Is on Track to Grow 20% by 2021
    Market Realist3 days ago

    Why Goldcorp’s Production Is on Track to Grow 20% by 2021

    Goldcorp’s (GG) produced 646,000 ounces of gold in 4Q17, a decline of 15% year-over-year (or YoY). Goldcorp’s full-year production came in at 2.6 million ounces, which is slightly higher than its guidance of 2.5 million ounces. Goldcorp has guided for production of 2.5 million ounces in 2018 with +/-5% variance, which is in line with its previous 2018 guidance as well as the guidance for 2017.

  • Goldcorp: Operational Highlights from the 4Q17 Results
    Market Realist3 days ago

    Goldcorp: Operational Highlights from the 4Q17 Results

    Goldcorp (GG) generated total revenues of $3,423 million in 2017, which is a decline of 2% YoY (year-over-year). Goldcorp’s production costs also fell 9% YoY to $1.89 billion due to the closure of the Marlin mine and sale of the Los Filos mine. Goldcorp’s net earnings were $658 million, or $0.76 per share, for 2017.

  • Goldcorp’s 4Q17 Earnings Beat Estimates, Stock Soars
    Market Realist4 days ago

    Goldcorp’s 4Q17 Earnings Beat Estimates, Stock Soars

    Goldcorp (GG) reported its 4Q17 results after the market closed on February 14. It held a conference call the next day to discuss the results. Goldcorp thoroughly beat the consensus EPS (earnings per share) estimate of $0.10 by $0.18.

  • Can Kinross Improve Unit Cost Structure, Guiding for Flat Costs?
    Market Realist6 days ago

    Can Kinross Improve Unit Cost Structure, Guiding for Flat Costs?

    Compared to its closest peers, Kinross Gold (KGC) has been a higher-cost gold producer. As a result, Kinross Gold is highly leveraged to gold prices compared to its peers (GDX) Goldcorp (GG), Barrick Gold (ABX), and Newmont Mining (NEM). In this part of the series, we’ll see how Kinross is trying to improve its unit costs.

  • Why Kinross Gold’s Production Guidance Disappointed Investors
    Market Realist6 days ago

    Why Kinross Gold’s Production Guidance Disappointed Investors

    Kinross Gold (KGC) produced 652,710 gold equivalent ounces (or GEOs) for 4Q17 and 2.67 million GEO for 2017. The Americas accounted for 61% of Kinross’s production in 2017. The production at Fort Knox declined YoY, primarily due to lower tons placed on the heap leach pad.

  • Why Kinross’s Gold Reserves Declined in 2017
    Market Realist9 days ago

    Why Kinross’s Gold Reserves Declined in 2017

    Gold miners (GDX)(GDXJ) face the problem of compensating for every ounce they take out of the ground. Kinross Gold (KGC) has continued to use a gold price assumption of $1,200 per ounce for reserves and $1,400 per ounce for resources since 2011 to estimate reserves and resources at the end of 2017. Kinross’s reserves were 16% lower, at 25.9 million ounces, at the end of 2017 than in 2016.

  • What’s Affected Senior Gold Miners’ Performance
    Market Realist9 days ago

    What’s Affected Senior Gold Miners’ Performance

    Senior gold miners, which are large, established miners with various assets in multiple geographies, usually have lower-risk and highly liquid stocks. While there are variations between different miners, as a group, they usually follow gold prices. Senior miners Barrick Gold (ABX), Newmont Mining (NEM), Goldcorp (GG), and Kinross Gold (KGC) make up a substantial 25.4% of the VanEck Vectors Gold Miners ETF (GDX).

  • Can Kinross’s Organic Growth Projects Drive Production Growth?
    Market Realist9 days ago

    Can Kinross’s Organic Growth Projects Drive Production Growth?

    Kinross Gold (KGC) also provided an update on its organic development projects along with the 4Q17 and 2017 results. At Round Mountain Phase W, the stripping and initial construction commenced ahead of schedule in late 2017. Kinross Gold’s management maintained, during its latest earnings call, that the Tasiast Phase One expansion is proceeding on schedule and on budget.

  • Why Kinross Gold Stock Plunged after 4Q17 Earnings
    Market Realist9 days ago

    Why Kinross Gold Stock Plunged after 4Q17 Earnings

    Kinross Gold (KGC) released its 4Q17 and 2017 results on February 14, after the market closed, and held a conference call with analysts on February 15. Kinross Gold stock dropped ~7% on February 15, underperforming the VanEck Vectors Gold Miners ETF (GDX), which fell just 1.0%. Goldcorp (GG) and Barrick Gold (ABX) also released their 4Q17 results on February 14 and held earnings calls the next day.

  • Why GLD and GDX Have Diverged This Year
    Market Realist9 days ago

    Why GLD and GDX Have Diverged This Year

    Components of GDX: What’s Driving Gold Miners in 2018?

  • Gold Stocks Rally: Time to Invest in This Safe Haven?
    The Motley Fool9 days ago

    Gold Stocks Rally: Time to Invest in This Safe Haven?

    As gold prices rally, gold stocks such as Agnico-Eagle Mines Ltd. (TSX:AEM)(NYSE:AEM) rise, and the safe haven that is gold becomes increasingly appealing.

  • Goldcorp's (GG) Q4 Earnings and Revenues Miss Estimates
    Zacks9 days ago

    Goldcorp's (GG) Q4 Earnings and Revenues Miss Estimates

    Goldcorp's (GG) adjusted earnings in Q4 miss the Zacks Consensus Estimate. It expects gold production to be around 2.5 million ounces for 2018 while AISC is expected to improve to $800 per ounce.

  • ACCESSWIRE10 days ago

    Goldcorp Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / February 15, 2018 / Goldcorp Inc. (NYSE: GG ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 15, 2018 at 1:00 PM Eastern Time. To ...

  • Barrons.com11 days ago

    Gold Miner Earnings: Goldcorp & Barrick Gain as Results Shine

    Goldcorp (GG) got the earnings season for gold miners off to a nice start with fourth-quarter profits that beat the Bloomberg consensus by 17 cents. Then Barrick Gold (ABX), the world's biggest gold producer by ounces, reported an adjusted net earnings result of 22 cents a share, which beat the Bloomberg consensus estimate by a penny. Clearly Goldcorp, which Barron's touted in a lengthy feature story last month, has the most to crow about with its results.

  • CNW Group11 days ago

    Goldcorp reports fourth quarter 2017 results

    VANCOUVER , Feb. 14, 2018 /CNW/ -  GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp" or the "Company") is pleased to report its fourth quarter and full year 2017 results.  Fourth Quarter ...

  • PR Newswire11 days ago

    Goldcorp reports fourth quarter 2017 results

    VANCOUVER , Feb. 14, 2018 /PRNewswire/ -  GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp" or the "Company") is pleased to report its fourth quarter and full year 2017 results.  Fourth ...

  • Barrons.com12 days ago

    Can Gold-Mining Stocks Shock Investors and Surpass the Metal Itself?

    Three major gold miners will report earnings in the next two  days. As weary investors have known for years, the metal itself or financial equivalents like SPDR Gold Trust (GLD) are usually the better bet than the  leading companies who mine for the metal.  And that's even the case when the price of the metal is rising, which theoretically, at least, is supposed to be a time when the miners outperform the metal. Over the past 12 months, thanks in part to a falling dollar and solid global economic growth, the price of gold has risen, with SPRD Gold Trust up  8% almost half of the gain of the S&P 500 during that period.

  • How Mining Stocks Are Moving with Their Technicals
    Market Realist13 days ago

    How Mining Stocks Are Moving with Their Technicals

    What Caused the Slump in Precious Metals and Miners?

  • How Does Traders’ Positioning Bode for Gold Prices?
    Market Realist16 days ago

    How Does Traders’ Positioning Bode for Gold Prices?

    Could Gold Catch a Bid if Equities Stay Weak in 2018? The CFTC (Commodity Futures Trading Commission) releases the Commitment of Traders (or COT) report every Friday. While producers hedge the risks associated with physical commodities, swap dealers hedge the risks associated with swap transactions.

  • Can the US Dollar Rally Further to the Detriment of Gold Prices?
    Market Realist16 days ago

    Can the US Dollar Rally Further to the Detriment of Gold Prices?

    The data provided a boost to inflation expectations and consequently to rate hike expectations. Higher interest rates in the United States make the country an attractive destination to park funds from overseas, increasing the US dollar’s value relative to other currencies. The latest boost to the dollar came after President Trump’s comments that the dollar would strengthen on the back of a growing US economy.