Goldcorp (USA) (GG) : Lowe Fs scooped up 306 additional shares in Goldcorp (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 66,826 shares of Goldcorp (USA) which is valued at $1,200,863.Goldcorp (USA) makes up approximately 0.79% of Lowe Fs’s portfolio.
Other Hedge Funds, Including , Bennicas Associates reduced its stake in GG by selling 140 shares or 0.12% in the most recent quarter. The Hedge Fund company now holds 119,600 shares of GG which is valued at $2,149,212. Goldcorp (USA) makes up approx 1.89% of Bennicas Associates’s portfolio. Edge Wealth Management added GG to its portfolio by purchasing 1,250 company shares during the most recent quarter which is valued at $24,913. Goldcorp (USA) makes up approx 0.01% of Edge Wealth Management’s portfolio.Foundation Resource Management Inc reduced its stake in GG by selling 2,241 shares or 0.35% in the most recent quarter. The Hedge Fund company now holds 631,091 shares of GG which is valued at $12,577,644. Goldcorp (USA) makes up approx 2.33% of Foundation Resource Management Inc’s portfolio.
Goldcorp (USA) closed down -1.09 points or -5.72% at $17.97 with 1,05,71,803 shares getting traded on Wednesday. Post opening the session at $18.67, the shares hit an intraday low of $17.87 and an intraday high of $18.7 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Goldcorp (USA) reported $-5.14 EPS for the quarter, missing the analyst consensus estimate by $ -5.14 based on the information available during the earnings call on Feb 25, 2016. Analyst had a consensus of $0.00. The company had revenue of $1238.00 million for the quarter, compared to analysts expectations of $1074.76 million. The company’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.
Many Wall Street Analysts have commented on Goldcorp (USA). Goldcorp (USA) was Downgraded by Goldman to ” Neutral” on May 11, 2016.
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.