Somewhat Positive News Coverage Somewhat Unlikely to Impact Goldcorp (GG) Share Price

News headlines about Goldcorp (NYSE:GG) (TSE:G) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Goldcorp earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 46.0594107691297 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern’s scoring:

Shares of Goldcorp (NYSE:GG) opened at 12.87 on Friday. The company has a market cap of $11.13 billion, a PE ratio of 23.61 and a beta of -0.02. The firm’s 50 day moving average is $13.22 and its 200 day moving average is $13.84. Goldcorp has a 12 month low of $11.91 and a 12 month high of $17.87.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Stockholders of record on Thursday, September 14th were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.62%. The ex-dividend date of this dividend was Wednesday, September 13th. Goldcorp’s payout ratio is currently 14.55%.

GG has been the subject of a number of research analyst reports. Zacks Investment Research cut shares of Goldcorp from a “hold” rating to a “sell” rating in a research note on Friday, July 14th. Macquarie upgraded shares of Goldcorp from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 12th. Morgan Stanley reiterated an “overweight” rating on shares of Goldcorp in a research note on Friday, July 21st. BidaskClub upgraded shares of Goldcorp from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, TD Securities reiterated a “buy” rating on shares of Goldcorp in a research note on Thursday, June 15th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.64.

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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 (NYSE:GG)

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