Goldcorp Inc. (NYSE:GG) shares rose 1.8% during trading on Tuesday . The company traded as high as $20.20 and last traded at $20.03, with a volume of 5,829,610 shares trading hands. The stock had previously closed at $19.68.

GG has been the topic of a number of analyst reports. Vetr cut shares of Goldcorp from a “strong-buy” rating to a “sell” rating and set a $19.34 target price on the stock. in a research note on Tuesday. Deutsche Bank AG reissued a “sell” rating and issued a $12.30 target price on shares of Goldcorp in a research note on Thursday, March 24th. Desjardins raised shares of Goldcorp from a “hold” rating to a “buy” rating in a research note on Wednesday, June 22nd. Macquarie cut shares of Goldcorp from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 15th. Finally, Royal Bank Of Canada reissued an “underperform” rating on shares of Goldcorp in a research note on Wednesday, April 27th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $18.83.

The firm has a 50 day moving average of $17.92 and a 200 day moving average of $15.71. The stock’s market cap is $16.72 billion.

Goldcorp (NYSE:GG) last posted its earnings results on Wednesday, April 27th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.06. The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $953.42 million. The business’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.11) EPS. Equities analysts predict that Goldcorp Inc. will post $0.34 EPS for the current fiscal year.

Several hedge funds recently bought and sold shares of GG. Comerica Bank boosted its stake in Goldcorp by 17.0% in the fourth quarter. Comerica Bank now owns 89,746 shares of the company’s stock worth $1,120,000 after buying an additional 13,033 shares in the last quarter. Korea Investment CORP boosted its stake in Goldcorp by 38.5% in the fourth quarter. Korea Investment CORP now owns 138,500 shares of the company’s stock worth $1,594,000 after buying an additional 38,500 shares in the last quarter. Gulf International Bank UK Ltd boosted its stake in Goldcorp by 4.8% in the fourth quarter. Gulf International Bank UK Ltd now owns 245,242 shares of the company’s stock worth $2,836,000 after buying an additional 11,160 shares in the last quarter. Trexquant Investment LP boosted its stake in Goldcorp by 532.4% in the fourth quarter. Trexquant Investment LP now owns 341,472 shares of the company’s stock worth $3,947,000 after buying an additional 287,472 shares in the last quarter. Finally, Engineers Gate Manager LP boosted its stake in Goldcorp by 563.4% in the fourth quarter. Engineers Gate Manager LP now owns 553,385 shares of the company’s stock worth $6,397,000 after buying an additional 469,971 shares in the last quarter.

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.

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