Insider Selling: Goldcorp Inc. (G) Insider Sells 1,402 Shares of Stock

Goldcorp Inc. (TSE:G) (NYSE:GG) insider Luis Maximo Canepari sold 1,402 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of C$16.59, for a total transaction of C$23,259.18.

Shares of Goldcorp Inc. (TSE:G) traded up C$0.04 during mid-day trading on Friday, hitting C$16.27. 1,170,000 shares of the company were exchanged, compared to its average volume of 3,060,000. The stock has a market cap of $14,110.00, a PE ratio of 16.77 and a beta of -0.39. Goldcorp Inc. has a 12 month low of C$15.00 and a 12 month high of C$22.64.

A number of research analysts have weighed in on G shares. Scotiabank dropped their target price on shares of Goldcorp to C$22.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 31st. Royal Bank of Canada upgraded shares of Goldcorp from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from C$15.00 to C$18.00 in a research note on Wednesday, November 1st. JPMorgan Chase & Co. boosted their target price on shares of Goldcorp from C$21.00 to C$23.60 in a research note on Wednesday, November 15th. Eight Capital reiterated a “buy” rating on shares of Goldcorp in a research note on Thursday, November 16th. Finally, CIBC cut shares of Goldcorp from a “buy” rating to a “sell” rating in a research note on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. Goldcorp presently has a consensus rating of “Buy” and an average target price of C$21.14.

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Goldcorp Company Profile

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

Insider Buying and Selling by Quarter for Goldcorp (TSE:G)

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