Goldcorp downgraded to Neutral from Outperform at Credit Suisse Credit Suisse downgraded Goldcorp based on expectations for increased capex and lower production growth due to Penasquito issues. Price target lowered to $45 from $58.
News For GG From The Last 14 Days
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Goldcorp showed interest in Newmont Ghana mines, Bloomberg says Goldcorp (GG) showed interest in potentially buying gold mines in Africa from Newmont Mining (NEM) while the latter was in merger talks with Barrick Gold (ABX) earlier this year, said Bloomberg, citing people familiar with the situation. Reference Link