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TSP:G, May 20, 11:18 UTC

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Linden Advisors LP Decreased Stake in Infosys Tech Adr (INFY) by $3.81 Million as Share Value Rose; Goldcorp New (GG) Holding Held by Heathbridge Capital Management Ltd

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Linden Advisors LP Decreased Stake in Infosys Tech Adr (INFY) by $3.81 Million as Share Value Rose; Goldcorp New (GG) Holding Held by Heathbridge Capital Management Ltd. Heathbridge Capital Management Ltd increased its stake in Goldcorp Inc New (GG) by 21.45% based on its latest 2017Q4 regulatory filing with the SEC. The institutional investor held 2.33M shares of the precious metals company at the end of 2017Q4, valued at $29.71M, up from 1.92M at the end of the previous reported quarter. The stock increased 0.22% or $0.03 during the last trading session, reaching $13.54. More notable recent Goldcorp Inc. (NYSE:GG) news were published by: Investorplace.com which released: “Trade of the Day: Goldcorp Inc. (USA) (GG)” on May 14, 2018, also Seekingalpha.com with their article: “Goldcorp Inc. 2018 Q1 – Results – Earnings Call Slides” published on April 26, 2018, Livetradingnews.com published: “Goldcorp (NYSE:GG) Pay $3.7-M for Stake in a Newly Formed Explorer” on April 27, 2018.

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hillcountrytimes.com
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Friday, May 18


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Goldcorp's Telfer Sees Gold Prices Going 'Significantly Higher'

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Goldcorp Chairman Ian Telfer explains why he thinks gold prices will keep going higher. He speaks with Bloomberg's Amanda Lang on "Bloomberg Markets." (Source: Bloomberg).

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bloomberg.com
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​Why Goldcorp and Barrick Are Still Buys Despite Earnings

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Revenues from its primary mines only fell 4.5%, but its share of earnings from affiliates (companies in which it owns only a small, non-controlling interest) plunged 85%. Normally affiliate income is a small part of Goldcorp's whole, but a plunge this deep had to hit the bottom line hard. I’m not yet sure of the nature of this aberration, but it probably has to do with deferred tax assets and liabilities in different tax jurisdictions. Even with these headwinds, Goldcorp’s operating cash flow rose more than 19% year-over-year, so its overall performance is just fine. There are just too many variances in mineral density and unpredictable production inputs in the mining process to have the kind of steady earnings one might see at a typical manufacturing or service-providing company. Last year featured a reversal of impairment charges on assets whose value was written-down when gold prices plummeted from 2012 to 2015.

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equities.com
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Wednesday, May 16


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‘We’re right at peak gold’: All the major deposits have been discovered, declares Goldcorp chairman

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“We’re right at peak gold here,” he added. Although gold prices sank two per cent to US$1,289.86 per ounce this week, sliding below the psychologically significant US$1,300 mark for the first time this year, Telfer said that day that he remained “bullish” and predicted gold prices would surpass US$1,500 or US$1,600 per ounce before the end of the year. In addition to starting Goldcorp, one of the world’s largest gold mining companies, Telfer has racked up numerous other successes in mining during the past few decades. According to the WGC, which advocates for the gold industry and compiles research, annual gold production from mines has been increasing, albeit incrementally, from 2,744 metric tons in 2010 to 3,298 in 2017. Goldcorp has taken a leading edge on applying some of the techniques used by the oil and gas industry to find new deposits. For instance, it is using IBM’s Watson, which uses machine learning algorithms to analyse its exploration data.

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Tuesday, May 15


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Goldcorp and Barrick: Still Buys Despite "Ugly" Reports

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Jack Adamo, a leading growth and income expert, has been increasing his holdings in gold mining shares. Here, the editor of Insiders Plus looks at two of those firms in the wake of their recent earnings reports. Revenues from its primary mines only fell 4.5%, but its share of earnings from affiliates (companies in which it owns only a small, non-controlling interest) plunged 85%. Normally affiliate income is a small part of Goldcorp's whole, but a plunge this deep had to hit the bottom line hard. I'm not yet sure of the nature of this aberration, but it probably has to do with deferred tax assets and liabilities in different tax jurisdictions. Even with these headwinds, Goldcorp's operating cash flow rose more than 19% year-over-year, so its overall performance is just fine.

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moneyshow.com
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Wednesday, May 09


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How Financially Strong Is Goldcorp Inc (TSE:G)?

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There are a number of reasons that attract investors towards large-cap companies such as Goldcorp Inc (TSX:G), with a market cap of CA$15.17B. Market participants who are conscious of risk tend to search for large firms, attracted by the prospect of varied revenue sources and strong returns on capital. But, the health of the financials determines whether the company continues to succeed. Looking at G’s most recent US$1.26B liabilities, it seems that the business has not maintained a sufficient level of current assets to meet its obligations, with the current ratio last standing at 0.91x, which is below the prudent industry ratio of 3x. G has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level. But, as shareholders, you should try and determine whether this level of debt is justified for G, especially when liquidity may also be an issue.

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finance.yahoo.com
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May 09, 2018 - Sun Valley Gold Llc Buys Agnico Eagle Mines, Osisko Gold Royalties, Sells Gold Fields, Goldcorp Inc, Anglogold Ashanti

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Sun Valley, ID, based Investment company Sun Valley Gold Llc buys Agnico Eagle Mines, Osisko Gold Royalties, sells Gold Fields, Goldcorp Inc, Anglogold Ashanti, Newmont Mining Corp, Barrick Gold Corp during the 3-months ended 2018-03-31, according to the most recent filings of the investment company, Sun Valley Gold Llc. As of 2018-03-31, Sun Valley Gold Llc owns 14 stocks with a total value of $778 million. SPDR Gold Trust (GLD) - 4,887,400 shares, 79.05% of the total portfolio. SSR Mining Inc (SSRM) - 3,691,770 shares, 4.56% of the total portfolio. Pretium Resources Inc (PVG) - 3,997,896 shares, 3.41% of the total portfolio.

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gurufocus.com
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Tuesday, May 08


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Is Goldcorp’s Valuation Rerating Possible in 2018?

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Can Goldcorp Continue Its Outperformance after a Weak 1Q18? After Newmont Mining’s (NEM) multiple of 8.7x, Goldcorp (GG) has the highest EV-to-forward-EBITDA multiple of 7.4x among its senior gold miner peers (GDX). Its production growth has remained muted for the last two years, and its costs have trended higher.

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Canadian Exchanges Stock Scanner Barrick Gold, B2Gold, Goldcorp, and HudBay Minerals

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LONDON, UK / ACCESSWIRE / May 08, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Barrick Gold, B2Gold, Goldcorp, and HudBay Minerals. The S&P/TSX Composite Index progressed 79.23 points, or 0.50%, to close Monday's trading session at 15,808.63. Click the link below to view a sample of the free research report that will be available to you as a member of Active-Investors:. Shares of B2Gold, which together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia, are trading at a PE ratio of 63.28.

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finance.yahoo.com
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Goldcorp’s Balance Sheet Is in Deleveraging Mode

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Can Goldcorp Continue Its Outperformance after a Weak 1Q18? At the end of 1Q18, Goldcorp’s net debt and adjusted net debt totaled $2.3 billion and $2.1 billion, which is almost the same as at the end of 2017. At the end of 1Q18, Goldcorp had $3.1 billion in liquidity, excluding $186.0 million in cash and cash equivalents held at its associates.

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