Shares of Goldcorp (GG) Sees Large Inflow of Net Money Flow

Goldcorp (GG) : Mondays money flow data in Goldcorp (GG) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $6.84 million, whereas, $5.51 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.24, in favor of the bulls. The total money flow into the stock was $1.33 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $1.54 million. The total value of block trades done on upticks was $1.54 million. Goldcorp (GG) fell $0.1 and traded at $19.19, down -0.52% for the day, over previous days close. On a weekly basis, the shares are -3.71% over the previous weeks close.


Goldcorp Inc. is up 15.52% in the last 3-month period. Year-to-Date the stock performance stands at 68.91%. Goldcorp Inc. has dropped 3.09% in the last five trading days, however, the shares have posted positive gains of 10.03% in the last 4 weeks.

Goldcorp (NYSE:GG): stock turned positive on Monday. Though the stock opened at $19.21, the bulls momentum made the stock top out at $19.42 level for the day. The stock recorded a low of $19.145 and closed the trading day at $19.42, in the green by 0.67%. The total traded volume for the day was 4,343,864. The stock had closed at $19.29 in the previous days trading.

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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