Goldcorp (USA) (GG) : Smith Affiliated Capital Corp. scooped up 3,374 additional shares in Goldcorp (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 11, 2016. The investment management firm now holds a total of 6,900 shares of Goldcorp (USA) which is valued at $134,412.Goldcorp (USA) makes up approximately 0.07% of Smith Affiliated Capital Corp.’s portfolio.
Other Hedge Funds, Including , Firstmerit Bank N A Trustee reduced its stake in GG by selling 5,132 shares or 23.22% in the most recent quarter. The Hedge Fund company now holds 16,966 shares of GG which is valued at $330,498. Goldcorp (USA) makes up approx 0.03% of Firstmerit Bank N A Trustee’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.Bnp Paribas Arbitrage Sa boosted its stake in GG in the latest quarter, The investment management firm added 59,494 additional shares and now holds a total of 536,030 shares of Goldcorp (USA) which is valued at $10,683,078. Goldcorp (USA) makes up approx 0.05% of Bnp Paribas Arbitrage Sa’s portfolio. Stock Yards Bank Trust Co added GG to its portfolio by purchasing 11,724 company shares during the most recent quarter which is valued at $234,246. Goldcorp (USA) makes up approx 0.03% of Stock Yards Bank Trust Co’s portfolio.
Goldcorp (USA) opened for trading at $19.65 and hit $19.92 on the upside on Wednesday, eventually ending the session at $19.48, with a gain of 0.10% or 0.02 points. The heightened volatility saw the trading volume jump to 83,36,166 shares. Company has a market cap of $16,207 M.
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.