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Goldcorp Incorporated (GG) [hlAlert]

Rating:
Buy GG
down 69.88 %

Goldcorp Incorporated (GG) upgraded to Buy by UBS

Posted on: Thursday,  Dec 3, 2009  8:25 AM ET by UBS

UBS rated Buy Goldcorp Incorporated (NYSE: GG) on 12/03/2009, when the stock price was $45.42. Since
then, Goldcorp Incorporated has lost 69.88% as of 08/27/2015's recent price of $13.68.
If you would have followed this UBS's recommendation on GG, you would have lost 69.88% of your investment in 2093 days.

Goldcorp is a North American based gold producer engaged in exploration, extraction, and processing of gold. The company's primary asset and key value driver is its Red Lake Mine which is the largest producing gold mine in Canada. Goldcorp's other operations include the Wharf Mine, a gold mine located in the Black Hills of South Dakota, USA and Saskatchewan Minerals, an industrial minerals operation in Saskatchewan, Canada, which produces natural sodium sulphate used primarily in the detergent industry.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2009 8:25 AM Buy
None
45.42
as of 12/31/2009
1 Week down  -0.59 %
1 Month down  -11.36 %
3 Months down  -11.36 %
1 YTD up  10.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/9/2009 8:25 AM Hold
None
35.82
2/4/2009 8:25 AM Buy
None
29.42
12/22/2008 8:25 AM Hold
None
29.67
8/1/2008 9:25 AM Buy
None
36.95 48.00

(*) Stock Price at the time of the recommendation.
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