Newmont Goldcorp Corp (NGT)

[NYBob]

Goldcorp Inc. (NYSE: GG) This top company with a solid balance sheet
makes sense for investors to consider.
Goldcorp Inc. (NYSE: GG) engages in the acquisition, exploration,
development and operation of precious metal properties in Canada,
the United States, Mexico and Central and South America.
It primarily explores for gold, silver, copper, lead and zinc deposits.

Goldcorp’s principal mining properties include;
the Red Lake, Éléonore, Porcupine and Musselwhite gold mines in Canada;
the Peñasquito and Los Filos mines in Mexico;
the Marlin property in Guatemala;
the Cerro Negro and Alumbrera mines in Argentina; and
the Pueblo Viejo mine in the Dominican Republic.

Some Wall Street analysts feel that the company deserves a premium
valuation to its peers due to its excellent balance sheet, growth
profile with lower cost new mines, longer average mine life and
a solid dividend yield.

Over the past few years, Goldcorp has been altering its mine plans,
cutting spending and disposing assets in order to reduce costs and
focus on the most profitable production.

Goldcorp also posted solid second-quarter results, and the analysts said
this at the time:

Goldcorp reported second quarter adjusted earnings-per-share of
$0.12, above ours and consensus at 8 and 9 cents.

Gold sales were higher than forecast.

For 2017 Goldcorp maintained its gold output guidance of
2.5 million ounces but the company lowered AISC by 3% to $825/oz.

Due to lower capital spending, our analysis indicates the company
will be free-cash-flow positive in 2017.

Maintain Buy on undervaluation.

Goldcorp investors are paid a 0.6% dividend.

Merrill Lynch has set its price target at $20, and the posted
consensus target was last seen at $16.83.
The shares ended Tuesday’s trading at $12.91 apiece.

http://www.goldcorp.com
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Gold Set To Rise While Debt-Based Assets Collapse
Commodities / Gold and Silver 2017
Aug 15, 2017 - 01:58 AM GMT
By: Hubert_Moolman

http://marketoracle.co.uk/Article59947.html

God Bless