Notable Quotes
"NG could be quite rewarding to a patient resource investor." (2/6/12) NovaGold Resources Inc. - The Gold Report Interview with Byron King More >
"RV has multiple catalysts from a diversified asset base." (2/3/12) Revolution Resources Corp. - The Gold Report Interview with Joe Mazumdar More >
"Tests indicated NGC's jumbo flake is superior to Chinese graphite." (2/2/12) Northern Graphite Corporation - Morning Coffee More >
"LMA has a strong growth profile." (2/1/12) La Mancha Resources Inc. - Nicholas Campbell, Canaccord Genuity More >
"SVL is in a position to power much higher." (2/1/12) SilverCrest Mines Inc. - Clive Maund, Clive Maund gold, silver, & oil shares More >
"CNL continue to return robust average gold grades." (2/2/12) Continental Gold Ltd. - Jamie Spratt, Clarus Securities More >
"It is a critical year for ORV." (2/3/12) Orvana Minerals Corp. - The Gold Report Interview with Joe Mazumdar More >
"LMA has released excellent exploration drill results from two properties." (2/1/12) La Mancha Resources Inc. - Adam Lucas, Ocean Equities More >
Companies
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Experts Commenting on This Company
- Barry Allan
- Greg Barnes
- Jorge Beristain
- Marshall Berol
- Steven Butler
- Bruce Campbell
- Imaru Casanova
- Patrick Chidley
- David Christie
- Barry Cooper
- Adrian Day
- Michael Fowler
- Malcolm Gissen
- David Goguen
- Tanya Jakusconek
- Michael Jalonen
- Byron King
- Tony Lesiak
- Taylor MacDonald
- Lloyd O'Carroll
- Charles Oliver
- Kevin Puil
- Anita Soni
- John Stephenson
- Ron Struthers
- James West
- David West
- Roger Wiegand
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Goldcorp Inc.TICKER: G:TSX; GG:NYSE
Goldcorp is now the world's lowest-cost, million-ounce gold producer. The acquisition of Wheaton River Minerals Ltd. has increased gold production, gold reserves and resources and given the company one of the fastest growth curves in the industry. It has strengthened Goldcorp's already solid balance sheet and lowered production costs per ounce even further. Goldcorp is in excellent financial condition. It has no debt, a large treasury, strong cash flow and earnings and pays a dividend 12 times per year. Goldcorp is completely unhedged. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Analysis
The Gold Report Interview with Byron King (2/6/12) "Goldcorp [is a] nice dividend player. . .five years from now, it could be the best overall return." More >
The Gold Report Interview with John Stephenson (1/16/12) "Goldcorp Inc. is the third-largest gold producer in North America. What's unique about Goldcorp is that it offers a blend of things that are almost never found in one company. It has good growth and great production diversity—not just producing from a single mine. It's the lowest-cost major producer, with cash costs at roughly $550/oz. Typical industry average is closer to $875/oz. It has a strong balance sheet, and it's operating in politically secure parts of the world. So the chance of expropriation is pretty low. And, it's liquid. So we really like this." More >
Tony Lesiak, Macquarie Capital Markets (12/5/11) "Since gaining ownership of Cerro Negro, Goldcorp Inc. has increased gold reserves by 106% to 4.26 Moz and increased the total gold resource by 75% to 5.36 Moz. . .we believe the resource could expand by another 1 Moz. . . . . .recent high-grade exploration success [at Cerro Negro] supports further expansion as all three main veins were extended significantly and two new veins were discovered. . .we are maintaining our Outperform rating and our CA$71 target price."
Canaccord Pre-Market News (11/24/11) "Goldcorp Inc. has entered into a $2B credit facility with a syndicate of 15 lenders. The new credit facility, which replaces the company's existing $1.5B facility, will be used to fund growth opportunities and for general corporate purposes."
Michael Jalonen, Merrill Lynch (11/14/11) "Goldcorp Inc. announced the receipt of a certificate of authorization from the Quebec Minister of Sustainable Development, Environment and Parks allowing for construction of the Eleonore project in northern Quebec to commence immediately. . .Eleonore is a critical asset in the company's goal to achieve 60% gold output growth in five years to 4 Moz in 2015 from 2.52 Moz in 2011. . .we believe Goldcorp is in a very strong position to fund its planned 60% growth profile, continue investments in organic growth, remain flexible for selective mergers and acquisitions and regular dividend growth."