Patrick James Merrin Acquires 8,800 Shares of Goldcorp (G) Stock

Goldcorp (TSE:G) (NYSE:GG) insider Patrick James Merrin purchased 8,800 shares of Goldcorp stock in a transaction dated Thursday, May 17th. The stock was bought at an average price of C$17.29 per share, for a total transaction of C$152,152.00.

TSE:G opened at C$17.35 on Wednesday. Goldcorp has a one year low of C$15.00 and a one year high of C$19.32.

Goldcorp (TSE:G) (NYSE:GG) last posted its earnings results on Wednesday, April 25th. The company reported C$0.10 EPS for the quarter, missing the consensus estimate of C$0.14 by C($0.04). Goldcorp had a return on equity of 6.90% and a net margin of 28.37%. The business had revenue of C$1.07 billion for the quarter, compared to analyst estimates of C$1.10 billion.

Several research firms recently commented on G. National Bank Financial cut their target price on shares of Goldcorp from C$25.00 to C$24.00 and set an “outperform” rating on the stock in a research report on Friday, February 16th. Canaccord Genuity upgraded shares of Goldcorp from a “hold” rating to a “buy” rating and lifted their target price for the stock from C$21.50 to C$25.00 in a research report on Monday, April 23rd. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of C$22.08.

Goldcorp Company Profile

Goldcorp Inc acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America. It primarily explores for gold, silver, lead, zinc, and copper deposits. The company's principal producing mining properties include the Éléonore, Musselwhite, Porcupine, and Red Lake mines in Canada; the Peñasquito mine in Mexico; the Cerro Negro mine in Argentina; and the Pueblo Viejo mine in the Dominican Republic.

Insider Buying and Selling by Quarter for Goldcorp (TSE:G)

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