Large Outflow of Money Witnessed in Goldcorp

Goldcorp (NYSE:GG) managed to stay afloat and traded higher with an addition of 0.21 point or 1.19% at $17.86. The money flow data is a negative $(-5.4) million with $10.97 million in upticks and $16.36 million in downticks. The intraday up/down ratio came in at 0.67. The shares have seen -1.11% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0.19 million and the combined worth of the downticks was $4.47, Million, leading to the up/down ratio of 0.04. The block trade saw a net money flow of $(-4.27) million.

Goldcorp Inc. has dropped 0.89% in the last five trading days, however, the shares have posted positive gains of 5.05% in the last 4 weeks. Goldcorp Inc. is up 6.1% in the last 3-month period. Year-to-Date the stock performance stands at 55.51%.

Institutional Investors own 59.58% of Goldcorp shares. .

Goldcorp (NYSE:GG) rose 1.3% or 0.23 points on Friday and made its way into the gainers of the day. After trading began at $18.1 the stock was seen hitting $18.14 as a peak level and $17.555 as the lowest level. The stock ended up at $17.88. The daily volume was measured at 21,405,893 shares. The 52-week high of the share price is $20.24 and the 52-week low is $9.46. The company has a market cap of $14,876 million.

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.

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