Best Canadian Stocks To Buy For 2015: Goldcorp Incorporated(GG)
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It produces and sells gold, silver, copper, lead, and zinc. The company was founded in 1954 and is headquartered in Vancouver, Canada.
Advisors' Opinion:- [By MONEYMORNING.COM]
Our favorite big-cap miner is Goldcorp Inc. (USA) (NYSE: GG), a stock that we've repeatedly - and thoroughly - researched. In fact, it's the focus of the Private Briefing special research report "The Savviest Gold Miner on Earth."
- [By Ben Levisohn]
On an adjusted basis, Eldorado Gold (EGO) has the longest reserve/resource life amongst our coverage companies (39 years) with Goldcorp (GG) having the longest reserve/resource life (23 years) amongst the senior producers versus the group average of 22 years. Kinross Gold (KGC) and Iamgold (IAG) have the shortest adjusted reserve/resource lives amongst the senior and mid-tier producers (18 and 14 years respectively). On a percentage basis, the companies most affected by the adjustment are New Gold (NGD) and Iamgold which both saw reserve/resource lives fall by 47% however, we note that despite the adjustment, New Gold still has the second longest reserve/resource life in our group (37 years). Newmont Mining was the least affected by the adjustments with reserve/resource life declining by only 12% to 22 years from 25 years.
- [By Luke Jacobi]
Goldcorp’s (NYSE: GG) Marlin mine, which produces gold, is much closer to the earthquake than Tahoe’s. The mine made up 7.6 percent of Goldcorp’s 2013 production, but that figure is expected to drop in 2014. It is uncertain if operations are affected by the strike. If so, impact on the stock will be small, be! cause only a small portion of production comes from the Marlin mine. Benzinga reached out to the company for comment and is awaiting response.
source from Top Stocks For 2015:http://www.topstocksblog.com/best-canadian-stocks-to-buy-for-2015-2.html
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