Goldcorp Inc. (G) to Release Quarterly Earnings on Wednesday

Goldcorp Inc. (TSE:G) (NYSE:GG) is set to announce its earnings results after the market closes on Wednesday, February 15th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

Goldcorp Inc. (TSE:G) opened at 21.91 on Tuesday. Goldcorp Inc. has a 12 month low of $15.95 and a 12 month high of $26.56. The stock’s market cap is $18.71 billion. The company has a 50-day moving average of $20.13 and a 200-day moving average of $20.23.

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Several equities research analysts have issued reports on G shares. TD Securities lowered their target price on shares of Goldcorp from C$21.00 to C$20.00 and set a “hold” rating on the stock in a research note on Wednesday, November 2nd. Canaccord Genuity cut shares of Goldcorp from a “buy” rating to a “hold” rating in a research note on Friday, February 3rd. Royal Bank Of Canada reaffirmed an “underperform” rating and set a C$20.00 target price on shares of Goldcorp in a research note on Friday, January 20th. Scotiabank reaffirmed an “outperform” rating and set a C$19.00 target price on shares of Goldcorp in a research note on Tuesday, January 17th. Finally, Desjardins lowered their target price on shares of Goldcorp from C$28.00 to C$26.00 and set a “buy” rating on the stock in a research note on Thursday, October 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. Goldcorp presently has a consensus rating of “Buy” and an average target price of C$22.56.

About Goldcorp

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

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