Goldcorp (USA) (GG) : Dorchester Wealth Management Co scooped up 14,935 additional shares in Goldcorp (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 17, 2016. The investment management firm now holds a total of 191,072 shares of Goldcorp (USA) which is valued at $2,734,240.Goldcorp (USA) makes up approximately 1.03% of Dorchester Wealth Management Co’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc boosted its stake in GG in the latest quarter, The investment management firm added 750 additional shares and now holds a total of 8,596 shares of Goldcorp (USA) which is valued at $125,931. First Premier Bank added GG to its portfolio by purchasing 1,250 company shares during the most recent quarter which is valued at $18,313. Goldcorp (USA) makes up approx 0.01% of First Premier Bank’s portfolio.Creative Planning boosted its stake in GG in the latest quarter, The investment management firm added 7,855 additional shares and now holds a total of 37,566 shares of Goldcorp (USA) which is valued at $525,548.
Goldcorp (USA) closed down -0.34 points or -2.32% at $14.31 with 57,87,720 shares getting traded on Friday. Post opening the session at $14.51, the shares hit an intraday low of $14.25 and an intraday high of $14.63 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Goldcorp (USA) reported $-0.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.04. The company had revenue of $921.00 million for the quarter, compared to analysts expectations of $902.71 million. The company’s revenue was down -30.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.08 EPS.
Many Wall Street Analysts have commented on Goldcorp (USA). Goldcorp (USA) was Initiated by National Bank Financial to “Outperform” on Sep 8, 2016. Goldcorp (USA) was Initiated by Berenberg to “Hold” on Sep 7, 2016. Goldcorp (USA) was Initiated by Morgan Stanley to “Overweight” on Aug 9, 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.