Goldcorp (USA)(NYSE:GG) Declares Dividend of $0.0200.

Goldcorp (USA) (NYSE:GG) had declared a cash dividend of $0.0200 on Jun 6, 2016. The shares will quote ex-dividend on Jun 14, 2016 and the record date has been fixed on Jun 16, 2016. At Jun 6, 2016 share price, the yield comes out to be 0.4381%. The dividend payable date has been fixed on Jun 24, 2016.

In a different note, On May 11, 2016, Goldman Sachs said it Downgrades its rating on Goldcorp (USA). In the research note, the firm Raises the price-target to $15.30 per share. The shares have been rated ‘Neutral’ by the firm. On Mar 28, 2016, UBS said it Downgrades its rating on Goldcorp (USA). The shares have been rated ‘Neutral’ by the firm. On Mar 15, 2016, Macquarie said it Downgrades its rating on Goldcorp (USA). The shares have been rated ‘Neutral’ by the firm. Desjardins said it Initiates Coverage on Goldcorp (USA), according to a research note issued on Mar 9, 2016. The shares have been rated ‘Hold’ by the firm.

Goldcorp (USA) (GG) shares turned negative on Fridays trading session with the shares closing down -0.62 points or -3.32% at a volume of 1,17,51,712. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $19. The peak price level was also seen at $19 while the days lowest was $18.03. Finally the shares closed at $18.06. The 52-week high of the shares is $20.24 while the 52-week low is $9.46. According to the latest information available, the market cap of the company is $15,026 M.

Goldcorp (USA)(GG) last announced its earnings results on Apr 27, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.16B. Analysts had an estimated revenue of $978.55M. Earnings per share were $0.10. Analysts had estimated an EPS of $0.04.

Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition exploration development and operation of gold properties in Canada the United States Mexico and Central and South America. The Company’s principal products are gold and the byproduct silver copper lead and zinc. Goldcorp’s operating assets include four mines in Canada two mines in Mexico and four in Central and South America.

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