Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Goldcorp Inc Add to portfolio

TSP:G, Aug 17, 03:49 UTC

Latest TSP:G News

Filter your feed

Apply Filter

Wednesday, August 15


News

ALLEGIANT Closes $4.95 Million Private Placement; Goldcorp Acquires 9.74% of ALLEGIANT

G

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FORDISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Allegiant Gold Ltd. (“ALLEGIANT”) (AUAU:TSX-V) (AUXXF: OTCQX) is pleased to announce that it has closed the second and final tranche of the non-brokered private placement first announced on July 5th, 2018 (also see news releases of July 10th and July 16th). “Goldcorp’s investment is an endorsement of our team, our projects, and of our objective of making a significant new gold discovery,” said Robert Giustra, Chairman & CEO of ALLEGIANT. After Red Hills and over the next 10 to 12 months, ALLEGIANT plans to also drill the following five projects: Hughes Canyon, Monitor Hills, North Brown, Silverdome and Adularia Hill (a new target located approximately 12.5 kilometres south of the Original Zone gold deposit at the Eastside gold project).

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, August 14


News

What Could Help Goldcorp’s Valuation Multiple Going Forward?

G

In the senior gold miner space, Newmont Mining (NEM) has the highest forward EV-to-EBITDA (earnings before interest, tax, depreciation, and amortization) multiple of 8.1x. Goldcorp (GG) follows it with a multiple of 6.8x. While the premiums of all the gold miners have waned relative to their historical averages due to weaker precious metal prices, GG’s production growth has remained muted for the last two years, and its costs have trended higher.

Read Full Details

Topics:
  • Business
  • Financial
News

How Does Goldcorp’s Financial Leverage Look?

G

At the end of Q2 2018, Goldcorp’s net debt and adjusted net debt totaled $2.4 billion and $2.3 billion, respectively. Thus, the net debt to EBITDA (earnings before interest, tax, depreciation, and amortization) for the company was closer to 1.7x during the second quarter. Now it’s focusing on the deleveraging and strengthening its balance sheet further to prepare the company for the next phase of the capital investment cycle, which is expected to start after 2020 with the buildup of the next generation of mines.

Read Full Details

Topics:
  • Business
  • Financial
News

How Will Goldcorp Push Costs below $700?

G

Goldcorp (GG) achieved AISC (all-in sustaining costs) of $850.00 per ounce in Q2 2018, which was 6.3% higher YoY (year-over-year) and 5.0% higher sequentially. Its AISC was also higher than its fiscal 2018 guidance of $800.00 per ounce, plus or minus 5.0%.

Read Full Details

Topics:
  • Business
  • Financial
News

GOLDCORP $GG Technical Update – Stock Traders Daily NEWS

G

Our Disruptive Tactical Strategies can work regardless of market direction or economic conditions. August 14, 2018, BY Thomas H. Kee Jr - Editor, Stock Traders Daily | Subscribe to RSS. We have day, swing, and longer-term trading plans for GG, and 1300 other stocks too, updated in real time for our trial subscribers. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well.

Read Full Details

Topics:
  • Business
  • Financial

Monday, August 13


News

Is Goldcorp Inc (TSE:G) A Financially Strong Company?

G

Investors looking for stocks with high market liquidity and little debt on the balance sheet should consider Goldcorp Inc (TSE:G). With a market valuation of US$13.60b, G is a safe haven in times of market uncertainty due to its strong balance sheet. Additionally, G has produced cash from operations of US$1.26b over the same time period, resulting in an operating cash to total debt ratio of 44.63%, indicating that G’s operating cash is sufficient to cover its debt. Looking at G’s most recent US$972.00m liabilities, it appears that the company has been able to meet these commitments with a current assets level of US$979.00m, leading to a 1.01x current account ratio.

Read Full Details

Story Sources

simplywall.st
Topics:
  • Business
  • Financial
News

These Factors Could Support Goldcorp’s Production Growth Target

G

Goldcorp (GG) has one of the strongest project pipelines in the industry. Goldcorp provided an update on the progress of these projects in its Q2 2018 earnings call. At Penasquito, the Pyrite Leach Project (or PLP) is 98.0% complete.

Read Full Details

Topics:
  • Business
  • Financial
News

Will Goldcorp’s Production Growth Take Off after Q3?

G

Goldcorp (GG) produced 571,000 ounces of gold in Q2 2018, a decline of ~10.0% year-over-year (or YoY). On the other hand, its Cerro Negro and Eleonore mine ramp-up partially offset the decline from the above-mentioned factors. The company should see weak production growth in the third quarter as well, as it has modified the production plan for lower mill throughput and mill acreage.

Read Full Details

Topics:
  • Business
  • Financial
News

Why Goldcorp’s Strong Long-Term Outlook Is Intact despite Weak Q2

G

Goldcorp (GG) reported its Q2 2018 earnings on July 25, 2018, after the market closed and held its earnings conference call on July 26. It reported adjusted EPS of $0.02, which missed the consensus estimate by $0.05. While Goldcorp’s Q2 2018 results missed market expectations, the company reaffirmed its 2018 production guidance of 2.5 million ounces (plus or minus 5%) at AISC (all-in sustaining costs) of $800 per ounce (plus or minus 5%).

Read Full Details

Topics:
  • Business
  • Financial
News

Why Goldcorp’s Strong Long-Term Outlook Is Intact despite Weak Q2

G

Goldcorp (GG) reported its Q2 2018 earnings on July 25, 2018, after the market closed and held its earnings conference call on July 26. It reported adjusted EPS of $0.02, which missed the consensus estimate by $0.05. While Goldcorp’s Q2 2018 results missed market expectations, the company reaffirmed its 2018 production guidance of 2.5 million ounces (plus or minus 5%) at AISC (all-in sustaining costs) of $800 per ounce (plus or minus 5%).

Read Full Details

Story Sources

finance.yahoo.com
Topics:
  • Business
  • Financial