Goldcorp (TSE:G) (NYSE:GG) had its price target lifted by National Bank Financial from C$13.84 to C$14.76 in a report released on Monday. National Bank Financial currently has a tender rating on the stock. National Bank Financial also issued estimates for Goldcorp’s Q4 2018 earnings at $0.04 EPS, FY2018 earnings at $0.10 EPS and FY2019 earnings at $0.33 EPS.
A number of other research firms have also recently commented on G. Cormark cut Goldcorp from a buy rating to a tender rating and decreased their price target for the company from C$18.50 to C$14.00 in a research note on Tuesday, January 22nd. BMO Capital Markets upgraded Goldcorp from a market perform rating to an outperform rating in a research note on Friday, October 26th. Finally, Canaccord Genuity decreased their price target on Goldcorp from C$23.00 to C$21.00 in a research note on Thursday, October 18th.
Shares of G stock opened at C$14.65 on Monday. Goldcorp has a 1-year low of C$11.00 and a 1-year high of C$18.78. The stock has a market cap of $12.74 billion and a P/E ratio of 164.61. The company has a debt-to-equity ratio of 21.31, a quick ratio of 0.45 and a current ratio of 0.83.
Goldcorp Inc acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America. It primarily explores for gold, silver, lead, zinc, and copper deposits. The company's principal producing mining properties include the Éléonore, Musselwhite, Porcupine, and Red Lake mines in Canada; the Peñasquito mine in Mexico; the Cerro Negro mine in Argentina; and the Pueblo Viejo mine in the Dominican Republic.
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