Goldcorp Inc. (USA) (NYSE:GG), announced a monthly dividend on Tuesday, June 10th, Analyst Ratings Network reports. Stockholders of record on Thursday, June 19th will be paid a dividend of 0.05 per share on Friday, June 27th. This represents a $0.60 annualized dividend and a dividend yield of 2.38%. The ex-dividend date is Tuesday, June 17th. Goldcorp Inc. (USA) (NYSE:GG), net profit margin is -72.10% and weekly performance is 12.36%. On last trading day company shares ended up $27.91. Analysts mean target price for the company is $30.15. Goldcorp Inc. (USA) (NYSE:GG), distance from 50-day simple moving average (SMA50) is 14.36%.
IAMGOLD Corp (USA) (NYSE:IAG), provided an update from ongoing exploration activities at the Company’s 100%-owned Pitangui gold project located approximately 110 kilometres northwest of Belo Horizonte, the capital city of Minas Gerais State,Brazil. The project comprises 180.3 square kilometres of exploration licenses covering the Archean Pitangui greenstone belt where an estimated inferred resource of 4.07 million tonnes grading 4.88 grams of gold per tonne for 0.64 million contained ounces was recently reported for the São Sebastião discovery (see news release dated April 9, 2014). IAMGOLD Corp (USA) (NYSE:IAG), fell 0.24% in last trading session and ended the day on $4.18. IAG, Gross Margin is 24.20% and its return on assets is -17.90%. IAMGOLD Corp (USA) (NYSE:IAG), quarterly performance is 16.11%.
Barrick Gold Corporation (USA) (NYSE:ABX), is the world’s largest gold producer. Its mining operations have a wide geographical spread, spanning North and South America, Australia Pacific and Africa. However, the company has significantly reduced its portfolio of mines over the last year. With gold prices having corrected significantly over the last year or so, Barrick has looked to reduce its costs of production. A major part of its cost reduction strategy involves selling off high-cost assets, and focusing on its low-cost gold mines. In this article we will take a closer look at Barrick’s efforts to remain competitive in an environment of relatively low gold prices. Barrick Gold Corporation (USA) (NYSE:ABX), shares moved up 2.13% in last trading session and was closed at $18.20, while trading in range of $17.76 – 18.25. Barrick Gold Corporation (USA) (NYSE:ABX), year to date (YTD) performance is 3.82%.
Kinross Gold Corporation (USA) (NYSE:KGC), has earned an average recommendation of “Hold” from the eighteen analysts that are currently covering the company, American Banking News reports. Nine investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $5.26. Kinross Gold Corporation (USA) (NYSE:KGC), ended the last trading day at $4.34. Company weekly volatility is calculated as 3.44% and price to cash ratio as 7.01. Kinross Gold Corporation (USA) (NYSE:KGC), showed a positive weekly performance of 5.34%.
Leave a Reply