GG - Goldcorp Inc.

NYSE - NYSE Delayed Price. Currency in USD
11.35
-0.17 (-1.48%)
At close: 4:00PM EDT
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Previous Close11.52
Open11.62
Bid11.16 x 29200
Ask11.46 x 2200
Day's Range11.28 - 11.62
52 Week Range11.28 - 15.55
Volume9,421,667
Avg. Volume4,896,826
Market Cap9.998B
Beta0.38
PE Ratio (TTM)17.73
EPS (TTM)0.64
Earnings DateN/A
Forward Dividend & Yield0.08 (0.58%)
Ex-Dividend Date2018-06-13
1y Target Est17.40
Trade prices are not sourced from all markets
  • Investopedia16 hours ago

    4 Gold Stocks Seen Falling as Much as 15%

    Gold stocks have fallen nearly 19% from their highs in 2018 as measured by the VanEck Vectors Gold Miners ETF ( GDX), which holds 49 stocks. The individual mining stocks have fallen even more than the ETF in some cases and, based on technical analysis, are facing even steeper declines. Gold miners’ revenue is tied to the price of gold, and should prices fall, revenue drops, causing earnings to decline.

  • What Could Help Goldcorp’s Valuation Multiple Going Forward?
    Market Realist19 hours ago

    What Could Help Goldcorp’s Valuation Multiple Going Forward?

    In the senior gold miner space, Newmont Mining (NEM) has the highest forward EV-to-EBITDA (earnings before interest, tax, depreciation, and amortization) multiple of 8.1x. Goldcorp (GG) follows it with a multiple of 6.8x. While the premiums of all the gold miners have waned relative to their historical averages due to weaker precious metal prices, GG’s production growth has remained muted for the last two years, and its costs have trended higher.

  • How Does Goldcorp’s Financial Leverage Look?
    Market Realist21 hours ago

    How Does Goldcorp’s Financial Leverage Look?

    At the end of Q2 2018, Goldcorp’s net debt and adjusted net debt totaled $2.4 billion and $2.3 billion, respectively. Thus, the net debt to EBITDA (earnings before interest, tax, depreciation, and amortization) for the company was closer to 1.7x during the second quarter. Now it’s focusing on the deleveraging and strengthening its balance sheet further to prepare the company for the next phase of the capital investment cycle, which is expected to start after 2020 with the buildup of the next generation of mines.

  • How Will Goldcorp Push Costs below $700?
    Market Realist22 hours ago

    How Will Goldcorp Push Costs below $700?

    Goldcorp (GG) achieved AISC (all-in sustaining costs) of $850.00 per ounce in Q2 2018, which was 6.3% higher YoY (year-over-year) and 5.0% higher sequentially. Its AISC was also higher than its fiscal 2018 guidance of $800.00 per ounce, plus or minus 5.0%.

  • These Factors Could Support Goldcorp’s Production Growth Target
    Market Realist2 days ago

    These Factors Could Support Goldcorp’s Production Growth Target

    Goldcorp (GG) has one of the strongest project pipelines in the industry. Goldcorp provided an update on the progress of these projects in its Q2 2018 earnings call. At Penasquito, the Pyrite Leach Project (or PLP) is 98.0% complete.

  • What Could Improve Costs at Iamgold’s Essakane Mine?
    Market Realist2 days ago

    What Could Improve Costs at Iamgold’s Essakane Mine?

    Iamgold’s Q2 2018 Results Were a Mixed Bag: Is Outlook Better? After achieving record production of 109,000 ounces in the first quarter of 2018, Iamgold’s (IAG) Essakane mine reported weaker production in the second quarter. IAG maintained its guidance for Essakane to produce 380,000–395,000 ounces of gold in 2018.

  • Why Iamgold’s Rosebel Mine Should Do Better in H2 2018
    Market Realist4 days ago

    Why Iamgold’s Rosebel Mine Should Do Better in H2 2018

    Iamgold’s (IAG) Rosebel mine is located in northeastern Suriname in South America. IAG owns 95% of Rosebel. In the second quarter, Rosebel’s attributable production fell 5% YoY (year-over-year) to 70,000 ounces. Lower production at the mine was mainly due to planned maintenance and an increase in hard rock blend.

  • Key Highlights of Iamgold’s Q2 2018 Earnings
    Market Realist5 days ago

    Key Highlights of Iamgold’s Q2 2018 Earnings

    Iamgold (IAG) generated revenues of $277.4 million in Q2 2018, which represents a YoY (year-over-year) growth of 1.1%. Its higher realized prices and higher sales at its Rosebel mine were offset by lower sales volumes at its Essakane and Westwood mines. Its attributable gold production was 214,000 ounces, which was 4% lower than Q2 2017.

  • Why Speculative Money Positioning Hints at a Gold Rally
    Market Realist5 days ago

    Why Speculative Money Positioning Hints at a Gold Rally

    The CFTC (Commodity Futures Trading Commission) reports the position of major players in the futures market through its COT (Commitment of Traders) report. This report specifies the positioning of various players in the market. The report is released every Friday and shows the open interest recorded on the previous Tuesday.

  • Gold Stocks Enter Correction Territory, but Investors Have Little to Fear
    Motley Fool9 days ago

    Gold Stocks Enter Correction Territory, but Investors Have Little to Fear

    The lustrous yellow metal may be down more than 10% since mid-April, but gold miners are sitting pretty.

  • What Led to Kinross Gold’s Higher Costs in the Second Quarter?
    Market Realist9 days ago

    What Led to Kinross Gold’s Higher Costs in the Second Quarter?

    Compared to its closest peers, Kinross Gold (KGC) has been a high-cost gold producer. Higher costs make its cash flows more leveraged against changes in revenue. As a result, Kinross is highly leveraged to gold prices compared to its peers (GDX) Goldcorp (GG), Barrick Gold (ABX), and Newmont Mining (NEM).

  • Thomson Reuters StreetEvents11 days ago

    Edited Transcript of G.TO earnings conference call or presentation 26-Jul-18 5:00pm GMT

    Q2 2018 Goldcorp Inc Earnings Call

  • Kinross Gold’s Tasiast Expansion on Hold: What’s in the Future?
    Market Realist12 days ago

    Kinross Gold’s Tasiast Expansion on Hold: What’s in the Future?

    Along with its Q2 2018 results, Kinross Gold (KGC) provided an update on its organic development projects. The construction of Kinross Gold’s Tasiast Phase One expansion is complete, and its first ore has gone through a Semi-Autogenous Grinding (or SAG) mill. The company also stated that during the past month, throughput has continued to ramp up and has peaked at 12,000 tons per day. As we highlighted in Geopolitical Concerns Overwhelm Kinross Gold, Stock Plunges 11%, the company received a letter in May from the government of Mauritania about its desire to participate more in the company’s activities in the country.

  • Why Kinross Gold Stock Plunged despite In-Line Earnings
    Market Realist12 days ago

    Why Kinross Gold Stock Plunged despite In-Line Earnings

    Kinross Gold (KGC) released its Q2 2018 results after the market closed on August 1 and held the conference call the next day. Most of Kinross’s peers have already reported their Q2 2018 results. Barrick Gold (ABX), Goldcorp (GG), and Agnico Eagle Mines (AEM) missed their earnings estimates. Agnico Eagle Mines missed its earnings estimate by a wide margin and reported EPS of $0.01.

  • Barrick Gold Reports Negative Free Cash Flow in Q2 2018
    Market Realist14 days ago

    Barrick Gold Reports Negative Free Cash Flow in Q2 2018

    Free cash flow (or FCF) generation helps a business’s long-term prospects and helps generate shareholder value. Barrick Gold (ABX) has a strategy of value over volume, which prioritizes profitable production. The company defines value creation for shareholders in terms of FCF per share. Barrick Gold (ABX) generated FCF of -$172.0 million in the second quarter, which broke its streak of 12 consecutive quarters of positive FCF.

  • Cerro Moro: Yamana Gold’s Game Changer?
    Market Realist15 days ago

    Cerro Moro: Yamana Gold’s Game Changer?

    What Sent Yamana Gold’s Stock Up 10% after Its Earnings Release? Yamana Gold (AUY) announced the ramp-up of commercial production at its newest mine, Cerro Moro, on June 26. Currently, the mill throughput rate at Cerro Moro is ~900 tons per day, which is 90% of its capacity. Its gold and silver recovery rates are 91% and 87%, respectively.

  • What Sent Yamana Gold’s Stock Up 10% after Its Earnings Release?
    Market Realist15 days ago

    What Sent Yamana Gold’s Stock Up 10% after Its Earnings Release?

    Yamana Gold (AUY) released its Q2 2018 results after the market closed on July 26 and held a conference call the next day. Its EPS of $0.20 and revenue of $431.5 million were in line with market expectations. While its earnings didn’t surprise investors, the company’s production was higher than expected, boosting its stock by a whopping 10.1% on July 27.

  • Goldcorp (GG) Misses Earnings and Revenue Estimates in Q2
    Zacks16 days ago

    Goldcorp (GG) Misses Earnings and Revenue Estimates in Q2

    Goldcorp's (GG) earnings and revenues fall short of expectations in Q2. The company continues to expect gold production to be around 2.5 million ounces for 2018.

  • ACCESSWIRE16 days ago

    Investors Long This Unknown Mining Stock Could See a Near-Term 5-6x Return

    Southern Ecuador is home to some promising mineral reserves, but the region had been abandoned in early 2000's due to restrictive government oversight. With new legislators, the area is again open to foreign investment, and large companies are making substantial investments in well-explored deposits. One of the most promising mines, Fruta Del Norte, was sold for $1.2 billion, and now a similar concession just 40 km away is being explored by another junior miner, Lucky Minerals (LJ).

  • Coeur Mining Stock Fell despite Q2 2018 Beat
    Market Realist19 days ago

    Coeur Mining Stock Fell despite Q2 2018 Beat

    Coeur Mining (CDE) reported its second-quarter earnings on July 25 after the market closed. The company reported an EPS of $0.01, which beat the consensus expectations by $0.02. Coeur Mining’s revenues of $70 million missed the consensus estimate by $3 million. The company’s peers (GDX) missed the estimates as well including Barrick Gold (ABX), Goldcorp (GG), and Agnico Eagle Mines (AEM). Agnico Eagle missed the earnings estimates by a wide margin and reported an EPS of $0.01—compared to the consensus of $0.08. Goldcorp and Barrick Gold reported an EPS of $0.02 and $0. ...

  • Barrick Gold Misses Q2 2018 Results on Lower Sales, Higher Costs
    Market Realist20 days ago

    Barrick Gold Misses Q2 2018 Results on Lower Sales, Higher Costs

    Barrick Gold (ABX) reported its Q2 2018 earnings yesterday after the market closed. The company reported adjusted EPS of $0.07, which missed analysts’ expectations by $0.04. Its revenues amounted to $1.71 billion, which missed expectations by 6.0%. The results stood in contrast to the company’s Q1 2018 earnings beat. The stock’s momentum in after-hours trading was weak after the miss.

  • Goldcorp Misses Second-Quarter Earnings Estimates
    Market Realist20 days ago

    Goldcorp Misses Second-Quarter Earnings Estimates

    Goldcorp (GG) reported its Q2 2018 earnings on July 25 after the market closed. Goldcorp along with Barrick Gold (ABX), Agnico Eagle Mines (AEM), and New Gold (NGD) kickstarted the gold sector’s (GDX) earnings season yesterday. The company’s revenues and earnings came in below consensus expectations.

  • Agnico Eagle Mines Posts a Wide Earnings Miss in Q2 2018
    Market Realist20 days ago

    Agnico Eagle Mines Posts a Wide Earnings Miss in Q2 2018

    Agnico Eagle Mines (AEM) reported its second-quarter earnings on July 25 after the market closed. The company missed analysts’ consensus estimate of $0.08. Agnico Eagle Mines’ peers (GDX) including Barrick Gold (ABX), Goldcorp (GG), and New Gold’s (NGD) earnings missed the estimates in the second quarter. Agnico Eagle Mines’ revenues of $556 million were slightly ahead of the consensus expectations of $544 million.

  • Goldcorp adjusted profit misses expectations as output slips
    Reuters20 days ago

    Goldcorp adjusted profit misses expectations as output slips

    Canadian miner Goldcorp Inc posted a lower-than-expected adjusted quarterly profit on Wednesday, as its gold production dropped and foreign exchange currency costs spiked. The company, the world's fifth-biggest gold miner by market value, posted a net loss of $131 million, or 15 cents per share, compared with a net profit of $135 million, or 16 cents per share, in the year-ago period. Goldcorp lost $178 million during the quarter on forex charges linked to deferred taxes.