Goldcorp Is A No-Brainer Buy On Weakness

Goldcorp Inc. (GG) has struggled with declining volumes, but that’s in the past. Its production has hit bottom and we will likely see the first signs of a recovery from next year. The company will likely post strong earnings growth from 2018 which will fuel the stock’s outperformance.

Goldcorp is one of the world’s largest gold producers, in terms of market cap and production. The company’s primary assets are the Éléonore, Musselwhite, Porcupine and Red Lake mines located in Canada, the Peñasquito mine in Mexico, and the Cerro Negro mine in Argentina. Goldcorp

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Source: SeekingAlpha (December 11, 2017 – 12:52 PM EST)

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