GG - Goldcorp Inc.

NYSE - NYSE Delayed Price. Currency in USD
14.33
-0.08 (-0.56%)
At close: 4:00PM EDT
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Previous Close14.41
Open14.37
Bid0.00 x 0
Ask0.00 x 0
Day's Range14.20 - 14.40
52 Week Range11.64 - 15.55
Volume4,651,536
Avg. Volume7,074,296
Market Cap11.961B
Beta0.40
PE Ratio (TTM)18.86
EPS (TTM)0.76
Earnings DateN/A
Forward Dividend & Yield0.08 (0.56%)
Ex-Dividend Date2018-03-14
1y Target Est17.92
Trade prices are not sourced from all markets
  • What to Watch for on Barrick Gold’s 1Q18 Earnings Call
    Market Realist7 hours ago

    What to Watch for on Barrick Gold’s 1Q18 Earnings Call

    Barrick Gold (ABX) generated negative returns amounting to 9.7% year-to-date (or YTD) as of April 17. The stock has significantly underperformed its close peers Goldcorp (GG), Newmont Mining (NEM), and Agnico Eagle Mines (AEM), which returned 12.5%, 10.9%, and -1.9%, respectively. The VanEck Vectors Gold Miners ETF (GDX) returned -1.5%.

  • What Mining Stocks’ Relative Strength Indicators Suggest
    Market Realist23 hours ago

    What Mining Stocks’ Relative Strength Indicators Suggest

    The recent unrest in the markets has had a significant effect on precious metals and mining companies. The US dollar has a prominent role in influencing dollar-denominated precious metals and mining stocks.

  • Should You Be Tempted To Sell Goldcorp Inc (TSE:G) At Its Current PE Ratio?
    Simply Wall St.yesterday

    Should You Be Tempted To Sell Goldcorp Inc (TSE:G) At Its Current PE Ratio?

    Goldcorp Inc (TSX:G) is currently trading at a trailing P/E of 18.9x, which is higher than the industry average of 10.3x. Although some investors may jump to the conclusion thatRead More...

  • Could these Gold Miners Beat Earnings Estimates in 1Q18?
    Market Realistyesterday

    Could these Gold Miners Beat Earnings Estimates in 1Q18?

    We discussed analysts’ revenue estimates for gold miners in the previous part of this series. In this part, we’ll discuss what analysts expect for these gold miners’ (RING) earnings.

  • Are Higher Precious Metal Prices Accounted for in Miner Revenues?
    Market Realistyesterday

    Are Higher Precious Metal Prices Accounted for in Miner Revenues?

    Analyst estimates for gold miners’ (GDX) revenues can give us a good idea about their outlook on gold prices (GLD) as well as companies’ production growth. In this part of our series, we’ll assess analysts’ revenue expectations for gold companies in 1Q18 and beyond. Analysts expect Barrick Gold (ABX) to generate revenues of ~$1.84 billion in 1Q18.

  • IMF Warns about Trade Conflict, Rising Debt, and Inflation
    Market Realistyesterday

    IMF Warns about Trade Conflict, Rising Debt, and Inflation

    The International Monetary Fund (or IMF) issued an update to its world economic outlook on the eve of IMF and World Bank meetings in Washington this week. The IMF warned that a major trade rift between the US and China could threaten global economic growth, which otherwise should rise solidly this year. The agency still maintained its forecast of 3.9% for global economic growth, which would be the fastest rate of growth since 2011.

  • How Wall Street Sees Gold Miners ahead of 1Q18 Earnings
    Market Realistyesterday

    How Wall Street Sees Gold Miners ahead of 1Q18 Earnings

    At extreme levels, these ratings could even signal a change in direction, so it’s important for investors to track this data. In the senior and intermediate gold miner space (GDX)(GDXJ), analysts are the most bullish on Goldcorp (GG), assigning it 65% “buy” and 5% “sell” ratings.

  • Why Haven’t Miners Kept Up as Gold Remains Buoyant?
    Market Realist2 days ago

    Why Haven’t Miners Kept Up as Gold Remains Buoyant?

    Gold prices rose ~3% year-to-date (or YTD) after rising ~13% in 2017. Gold prices are affected by a number of factors, including rate hike expectations, trade war fears, the US dollar, and increasing volatility.

  • Market Realist2 days ago

    How Closely Are Miners Tracking Gold?

    Usually, precious-metal-mining companies follow precious metals. Precious metals have risen over the past few days, supporting mining companies.

  • Financial Times3 days ago

    [$$] Digital market for metals raises $2.3m in seed funding

    A new digital marketplace for metals has raised $2.25m in seed funding, with investments from Canadian gold mining group Goldcorp and VC fund Xploration Capital. Launched in September last year, Open Mineral connects miners and their customers such as smelters, looking to buy or sell metal “concentrates”, or mineral ingredients processed into metals including copper and zinc. David Stephens, vice president of corporate development and marketing at Goldcorp, said: “Much of how we conduct business in the physical commodities market has stayed the same for decades.

  • Forbes3 days ago

    Here Is A Classic Pattern On The Gold Price Chart, Monthly

    A classic technical analysis pattern is playing out on the gold ETF chart based on the monthly prices. From the standpoint of classic technical analysis – the kind that John J. Murphy elucidates in Technical Analysis of the Financial Markets – this indicates the potential for reversal. Gold ETF chart. Since this is the case, a decent technical analyst would check for other types of indications to look for confirmation or non-confirmation.

  • Will Currency Wars Move the US Dollar after Trade War Concerns?
    Market Realist4 days ago

    Will Currency Wars Move the US Dollar after Trade War Concerns?

    Yesterday, Donald Trump accused Russia and China of devaluing their currencies. Trump tweeted that China and Russia are playing “the currency devaluation game as the U.S. keeps raising interest rates. Not acceptable!” Investors should note that this is a contradiction of the US Treasury, which had maintained that no major trading partners are manipulating their currencies.

  • How Geopolitical Tensions Could Affect Safe-Haven Assets
    Market Realist5 days ago

    How Geopolitical Tensions Could Affect Safe-Haven Assets

    Geopolitical risk has been one of the major drivers for equity markets and commodities lately. In the latest development, the US, France, and the United Kingdom launched military strikes on Syria over the weekend. Since the strikes were surgical and the pullback was prompt, risk assets haven’t seen much impact from the strikes yet. However, another round of strikes or Russian retaliation could put the markets in risk-off mode.

  • What Investors Need to Know About Goldcorp Stock
    Motley Fool7 days ago

    What Investors Need to Know About Goldcorp Stock

    While the stock of this gold mining giant has certainly had its ups and downs over the years, the future looks much brighter than the recent past.

  • Which Gold Miners Have Upside Potential after 1Q18
    Market Realist8 days ago

    Which Gold Miners Have Upside Potential after 1Q18

    Among the senior mining companies under review in this series (GDX), Newmont Mining (NEM) is currently trading at the highest EV-to-forward EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple, of 8.3x. The company’s slower production growth added to its woes in 2017. Its follow-through on its long-term vision of improving reserves, production, and unit costs by 20% each by 2021 could go a long way in further re-rating its multiple. Barrick Gold’s (ABX) higher financial leverage is still a concern for investors, and the recent issues at its Tanzanian mines have added to its woes.

  • Reading the Movements of Miners’ Correlations with Gold
    Market Realist9 days ago

    Reading the Movements of Miners’ Correlations with Gold

    In this part of our series, we’ll look at the correlation between gold and four mining stocks: Royal Gold (RGLD), Goldcorp (GG), Sibanye Gold (SBGL), and Gold Fields (GFI). Mining stocks mostly move with gold prices, but not always. Among these four miners, Gold Fields has shown the highest correlation with gold, while Royal Gold has seen the lowest correlation with gold on a YTD (year-to-date) basis. 

  • How Analysts’ Recommendations for Gold Miners Changed in 1Q18
    Market Realist9 days ago

    How Analysts’ Recommendations for Gold Miners Changed in 1Q18

    On March 12, 2018, RBC (Royal Bank of Canada) downgraded Newmont Mining (NEM) to “underperform” from “sector perform,” and cut NEM’s stock price by $1 to $43. On January 16, 2018, Deutsche Bank (DB) downgraded Newmont from “buy” to “hold.” DB analyst Chris Terry believes that whereas the outlook for commodity prices seems bright, Newmont has a rich valuation and catalysts for the stock have already played out.

  • Gold Stocks AKG & HMY Shining Amid Trade, Syria Tensions
    Zacks9 days ago

    Gold Stocks AKG & HMY Shining Amid Trade, Syria Tensions

    Geopolitical tensions and lingering concerns over a trade war might reduce investors' appetite for riskier assets and fuel demand for safe-haven gold.

  • Gauging Gold Miners’ Upside Potential
    Market Realist9 days ago

    Gauging Gold Miners’ Upside Potential

    In 1Q18, gold prices (GLD) rose by just 1%. While gold prices have repercussions on gold miners’ performance based on their leverage, most miners’ price movements in 1Q18 have been driven by company-specific factors such as the release of 2017 results, reserves, and 2018 guidance. Among senior gold miners, analysts are most bullish on Goldcorp (GG), assigning it 65% “buy” and 5% “sell” ratings.

  • What Boosted Newmont and Goldcorp Stock in 1Q18
    Market Realist9 days ago

    What Boosted Newmont and Goldcorp Stock in 1Q18

    Newmont Mining (NEM) stock rose 2.4% in 1Q18 while Goldcorp (GG) stock rose 4.5%. Newmont Mining reported an earnings beat in 4Q17. The company’s production and unit costs were in line with its guidance.

  • Could Barrick Gold Reverse Its Fortune This Year?
    Market Realist10 days ago

    Could Barrick Gold Reverse Its Fortune This Year?

    Barrick Gold (ABX) has underperformed senior and intermediate peers (GDX) (GDXJ) as well as the broader benchmark index (GDX). Barrick has guided for production of 4.5 million–5.0 million ounces of gold in 2018, which implies a ~11% fall from the midpoint of its actual production in 2017. Barrick Gold raised its all-in sustaining cost guidance for 2018 to $765–$815 per ounce.

  • Moody's10 days ago

    Cometa Energia, S.A. de C.V. -- Moody's Assigns a Baa3 Rating to Cometa Energia's Proposed $907 million Notes; Outlook Stable

    Moody's Investors Service, ("Moody's") assigned an initial Baa3 rating to the coming issuance of $907 million Notes due 2035 by Cometa Energia, S.A. de C.V. ("Cometa"). The outlook ...

  • What Global News Does to Gold and Miners
    Market Realist10 days ago

    What Global News Does to Gold and Miners

    The overall volatility in the markets has played a vital role in determining the directional move for precious metals. Gold and silver rose on Tuesday, April 10, 2018, possibly due to reports of a poison gas attack in Syria and the ongoing trade war fears between China and the United States. The equities market in Asia also lagged on Tuesday, which could have prompted some haven bids for precious metals. Often, gold is known to diverge from the broader stock markets.

  • Analyzing Miners’ Implied Volatility
    Market Realist11 days ago

    Analyzing Miners’ Implied Volatility

    Recently, the unrest in the markets has had a big effect on precious metals and the US dollar. The US dollar has a big impact on dollar-denominated precious metals and also on mining companies. In this part of the series, we’ll look at miners’ RSI (relative strength index) scores and implied volatility. The miners we’ve selected for our analysis are First Majestic Silver (AG), B2Gold (BTG), Royal Gold (RGLD), and Goldcorp (GG).