Goldcorp Inc. (NYSE:GG) registered a 0.90% increase, still its new closing price is 51.36% up from the company’s 1 year high of 20.32.It posted 2.47% gains in previous 5 sessions and is now the subject of 10 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 25 stock analysts following this company have an average price target at $0.22, with individual PT in the $0.22-$0.22 range. The shares moved at $15.76, implying that brokerage firms see shares gaining about 43.16% in twelve months time.
Goldcorp Inc. (GG) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 15.88% rise year to date. A Director or Senior Officer of Insider or Subsidiar at Goldcorp Inc. (GG) offloaded shares in a transaction closed on Monday September 29, 2014. Randhawa, Raman sold 18,000 shares in the company at $26.33 each and collected $473,001 in proceeds. Randhawa, Raman now owns 0 shares in the company after this transaction. A Senior Officer in the company, BERGERON, BRENT, disclosed a transaction on Monday September 22, 2014 that ended up generating $16,000 from the sale of 630 shares at $25.87 per share.
Goldcorp Inc. (NYSE:GG) Upcoming Results on Tap
Goldcorp Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.08 in that period. Sales during the quarter are predicted to arrive at $897.55 million.
Earnings surprise history: Last quarter, the company posted approximately $915 million in revenue and EPS of $0.11. The mean forecast was for $1.03 billion and $0.11 a share, respectively. One quarter earlier, revenue for the stock was at $753 million, with earnings at $-0.01/share.
Goldcorp Inc. (GG) Brokerage Update
Goldcorp Inc. (GG) is in TD Securities’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by TD Securities, according to news reported on Wednesday December 21, 2016.Another important research note was issued by Desjardins on Thursday October 20, 2016.The firm upgraded GG to Buy from Hold. Over the last six months and over the last three months, the shares of Goldcorp Inc. (GG), have changed -10.87% and 3.03%, respectively.