- Barrons.com•16 hours ago
Credit Suisse analyst Anita Soni and team call it "a free cash flow bonanza." They explain: Q3/16 adj. Barrick Gold's Q3 FCF yield annualizes to ~14% (YTD 7.5%)... Barrick Gold reduces debt a further $0.461B in Q3, now at $1.4B for 2016, reiterates $2B target: Barrick Gold expects to achieve its 2016 target through existing cash balances and Q4 cash flow. Total debt is down to $8.5B and net debt to $5.9B. Barrick Gold reiterated its medium-term target to reduce total debt to
- Market Realist•17 hours ago
On October 26, the stocks related to base metals were mixed and precious metal moved lower. DBB and XME fell ~0.07% and ~0.27%.
Canadian gold producer Goldcorp Inc reported a quarterly profit on Wednesday that met market expectations but its production fell due to continued lower gold grades, throughput and recoveries at its flagship Penasquito mine in Mexico. Goldcorp, the world's third-biggest gold producer by market value, reported net earnings of $59 million, or 7 cents a share, in the three months to end-September. After adjusting for non-cash and other items, Goldcorp said earnings were 11 cents a share, in line with analysts' expectations, according to Thomson Reuters I/B/E/S.
Goldcorp Inc. (GG)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||14.77 x 800|
|Ask||14.79 x 900|
|Day's Range||14.73 - 15.47|
|52wk Range||9.46 - 20.38|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-3.07|
|Avg Vol (3m)||8,430,841|
|Dividend & Yield||0.08 (0.51%)|