Hard Facts About Goldcorp Inc. (NYSE:GG)


Goldcorp Inc. (NYSE:GG) closed its last session at $13.2. The stock traded within a range of $12.54 and $13.39. The company operates in the Basic Materials sector with a market capitalization of 11.7 Million. Trading volume for Goldcorp Inc. was 12.71 Million in its previous trading session. Currently, Goldcorp Inc. (NYSE:GG) has an average volume of 8.19 Million.

Company Profile

Goldcorp has operations in Canada, the US, Mexico and Central and South America. Apart from gold, the company also produces copper and silver. The company’s principal producing mining properties are the Red Lake, Porcupine and Musselwhite gold mines in Canada The Penasquito gold/silver/zinc/lead mine, the Pueblo Viejo gold mine (40% interest) in the Dominican Republic, the Los Filos and El Sauzal gold mines in Mexico the Marlin gold/silver mine in Guatemala the Alumbrera gold/copper mine (37.5% interest) in Argentina and the Marigold (66.7% interest) and Wharf gold mines in the United States. Goldcorp has significant development projects which include the Cerro Negro gold project in Argentina l onore and Cochenour gold projects in Canada, the El Morro gold/copper project (70% interest) in Chile and the Camino Rojo gold/silver projects in Mexico.

Analyst Views

Goldcorp Inc. (NYSE:GG) received a Buy rating from 5 analysts. 2 analysts gave its stock an Outperform rating. 6 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Goldcorp Inc. (NYSE:GG) touched its 1-Year High price of $17.87 on 02/16/17 and its 1-Year Low price of $11.64 on 12/12/17.

EPS & Financials

Goldcorp Inc. (NYSE:GG) reported its EPS in the last quarter as $0.09/Share lagging the analyst estimate of $0.11/Share by a difference of $-0.02. This showed a surprise of -18.2% in the last quarter earnings.

For the current quarter, 16 analysts are projecting a mean EPS of $0.11/share. According to their observations and findings, the stock could provide a high EPS of $0.18/share and a low EPS of $0.08/share.

Analysts believe that the company has the potential to earn average revenue of $867.86 Million for the current quarter. According to their predictions high & low revenue estimates are 919.69 Million and 830.47 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Goldcorp Inc. (NYSE:GG) has a 20-Day average volume of 8.71 Million. According to today’s trading volume Goldcorp Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.2 Percent and Institutional ownership of 68.8 Percent. The return on assets stands at 2.4%, Return on Equity currently is 3.8% and the Return on Investment value is 1.9%.

Goldcorp Inc. (NYSE:GG) gross margin percentage stands at 15.6% while its operating margin for the past trailing twelve month is 16.1 percent and its overall profit margin (ttm) is 14.9 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -4.9% with a 50-Day Simple Moving Average of -0.46 percent. As of today, the company has a SMA200 (200-day simple moving average) of -0.63 Percent. The Stock has YTD (year to date) performance of 3.37 percent.

The TTM operating margin for the company stands at 16.1%. The return on invested capital is at 1.9%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 1462.94.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -0.63%, and has a solid year to date (YTD) performance of 3.37% which means that the stock is constantly adding to its value from the previous fiscal year end price.