GG - Goldcorp Inc.

NYSE - NYSE Delayed Price. Currency in USD
10.87
+0.08 (+0.74%)
At close: 4:00PM EDT
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Previous Close10.79
Open10.82
Bid0.00 x 38800
Ask0.00 x 1400
Day's Range10.72 - 10.92
52 Week Range10.38 - 15.55
Volume5,751,495
Avg. Volume5,318,432
Market Cap9.532B
Beta0.35
PE Ratio (TTM)32.84
EPS (TTM)0.33
Earnings DateN/A
Forward Dividend & Yield0.08 (0.74%)
Ex-Dividend Date2018-06-13
1y Target Est17.37
Trade prices are not sourced from all markets
  • Gold prices rebound from lowest level in 19 months
    Yahoo Finance Video12 hours ago

    Gold prices rebound from lowest level in 19 months

    Gold prices are on the rise after dropping to their lowest level since January 2017. The precious metal rebounded on Tuesday to settle at the $1,200 level for the first time in a week. Yahoo Finance’s Seana Smith discusses the move with Phillip Streible, senior market strategist at RJO Futures

  • Does Gold Miners’ Declining Production Herald Tighter Supply?
    Market Realist12 hours ago

    Does Gold Miners’ Declining Production Herald Tighter Supply?

    Goldcorp (GG) produced 571,000 ounces of gold in the second quarter, a fall of ~10.0% YoY (year-over-year). Barrick Gold (ABX) produced ~1.07 million ounces of gold in the second quarter, reflecting a fall of ~25.0% YoY. Part of Barrick Gold’s lower production was expected due to lower ore grades, recovery at the Barrick Nevada oxide mill, and scheduled maintenance shutdowns at the Barrick Nevada and Pueblo Viejo autoclaves.

  • Could Newmont’s Free Cash Flow Rise in the Coming Quarters?
    Market Realist17 hours ago

    Could Newmont’s Free Cash Flow Rise in the Coming Quarters?

    What Could Drive Newmont Mining Stock in the Rest of 2018? Investors are usually interested in the company’s FCF (free cash flow) progression, as it enables miners (GDX)(RING) to optimize their financial leverage, invest in projects supporting long-term value, and provide shareholder returns. In this context, we’ll look at Newmont Mining’s (NEM) FCF generation in 2018 and its future capability to generate cash.

  • How Does Newmont Mining’s Financial Leverage Look?
    Market Realist19 hours ago

    How Does Newmont Mining’s Financial Leverage Look?

    Newmont Mining (NEM) saw its debt rise at the peak of the cycle due to expensive acquisitions. These companies are now focusing on steadily paying off their debt.

  • Why Newmont Mining Expects Cost Improvements in 2019
    Market Realist20 hours ago

    Why Newmont Mining Expects Cost Improvements in 2019

    Newmont Mining’s (NEM) AISC (all-in sustaining costs) totaled $1,024 per ounce in the second quarter, 16.0% higher YoY (year-over-year) and 5.2% higher sequentially. This represents the temporary rise in costs for Newmont Mining in 2018 as the company executes its stripping campaigns at Carlin, Twin Creeks, Boddington, and Yanacocha. 

  • What Could Provide an Upside to Newmont Mining’s Production?
    Market Realist2 days ago

    What Could Provide an Upside to Newmont Mining’s Production?

    What Could Drive Newmont Mining Stock in the Rest of 2018? In the second quarter, Newmont Mining (NEM) produced 1.16 million ounces, marking a 14.0% decline YoY (year-over-year). Newmont Mining (NEM) maintained its gold production guidance of 4.9 million–5.4 million ounces in 2018 and 2019.

  • 3 Large Gold Miners Near 52-Week Lows
    GuruFocus.com2 days ago

    3 Large Gold Miners Near 52-Week Lows

    Three gold mining stocks are trading cheaply since their share prices are close to a 52-week low. Goldcorp is trading around $10.74 per share on the New York Stock Exchange. The current share price is only 36 cents above the 52-week low of $10.38 and nearly 45% below the 52-week high of $15.55.

  • What Could Drive Newmont Mining’s Stock in the Rest of 2018?
    Market Realist2 days ago

    What Could Drive Newmont Mining’s Stock in the Rest of 2018?

    Newmont Mining (NEM) reported its second-quarter earnings before the market opened on July 26 and held its conference call the same day. The company reported EPS of $0.26, which beat the consensus expectations by $0.02. Its revenues of $1.66 billion, however, missed expectations by 7.0%.

  • Could Unprecedented Short Interest in Gold Mean a Bullish Future?
    Market Realist4 days ago

    Could Unprecedented Short Interest in Gold Mean a Bullish Future?

    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.

  • GlobeNewswire7 days ago

    ALLEGIANT Closes $4.95 Million Private Placement; Goldcorp Acquires 9.74% of ALLEGIANT

    Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU:TSX-V) (AUXXF: OTCQX) is pleased to announce that it has closed the second and final tranche of the non-brokered private placement first announced on July 5th, 2018 (also see news releases of July 10th and July 16th).  The tranche consisted of gross proceeds of CAD$2,178,336.65 through the issuance of 6,223,819 common shares at CAD$0.35 per share.  The principal investor in the tranche was Goldcorp Inc. (G:TSX) whom acquired 5,923,819 common shares ($2,073,336.65), resulting in an ownership interest of 9.74% in ALLEGIANT.

  • Investopedia8 days 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 Realist8 days 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 Realist8 days 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 Realist8 days 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%.