Goldcorp (GG) : During the past 4 weeks, traders have been relatively bearish on Goldcorp (GG), hence the stock is down -14.52% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.76% relative to the S&P 500. The 4-week change in the price of the stock is -12.39% and the stock has fallen -2.35% in the past 1 week.
Goldcorp (NYSE:GG): The stock opened at $17.68 on Friday but the bulls could not build on the opening and the stock topped out at $17.74 for the day. The stock traded down to $17.33 during the day, due to lack of any buying support eventually closed down at $17.46 with a loss of -3.16% for the day. The stock had closed at $18.03 on the previous day. The total traded volume was 8,230,824 shares.
The stock has recorded a 20-day Moving Average of 6.53% and the 50-Day Moving Average is 4.78%. Goldcorp Inc. has dropped 8.91% during the last 3-month period . Year-to-Date the stock performance stands at 51.86%.
Goldcorp (GG) stock is expected to deviate a maximum of $3.67 from the average target price of $20.09 for the short term period. 14 Street Experts have initiated coverage on the stock with the most promising target being $26 and the most muted being $15.
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 Companys principal products are gold and the byproduct silver, copper, lead and zinc. Goldcorps operating assets include four mines in Canada, two mines in Mexico, and four in Central and South America.