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Wednesday, October 24, 2018

-=Goldcorp (GG) reported earnings on Wed 24 Oct 2018 (a/h)



Goldcorp misses by $0.09
  • Reports Q3 (Sep) loss of $0.12 per share, $0.09 worse than the S&P Capital IQ Consensus of ($0.03). Gold production of 503,000 ounces at all-in sustaining costs of $999 per ounce, compared to 633,000 ounces at AISC of $827 per ounce for the three months ended September 30, 2017.
  • Goldcorp's 20/20/20 plan continues on track to deliver 20% reserve growth by 2021. Goldcorp has increased reserve ounces by 2.8 million since beginning the 20/20/20 plan in 2017 and remains positioned to deliver 20% reserve growth by 2021. Goldcorp's proven and probable gold mineral reserves as of June 30, 2018 totaled 52.8 million ounces

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