Shares of Goldcorp Inc. (NYSE:GG) saw unusually-strong trading volume on Monday . Approximately 6,581,601 shares traded hands during trading, a decline of 15% from the previous session’s volume of 7,782,429 shares.The stock last traded at $17.85 and had previously closed at $18.31.

Several analysts recently commented on the company. HSBC reaffirmed a “buy” rating on shares of Goldcorp in a research note on Thursday, July 7th. Vetr lowered Goldcorp from a “strong-buy” rating to a “sell” rating and set a $19.34 price target on the stock. in a research note on Tuesday, July 5th. Deutsche Bank AG reaffirmed a “sell” rating on shares of Goldcorp in a research note on Thursday, July 7th. Desjardins raised Goldcorp from a “hold” rating to a “buy” rating in a research note on Wednesday, June 22nd. Finally, Royal Bank Of Canada reaffirmed 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 assigned a hold rating and four have issued a buy rating to the stock. Goldcorp presently has an average rating of “Hold” and a consensus target price of $18.59.

The company’s market capitalization is $14.98 billion. The company’s 50 day moving average price is $18.65 and its 200-day moving average price is $16.36.

Goldcorp (NYSE:GG) last released its earnings results on Wednesday, April 27th. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.06. During the same quarter last year, the company posted ($0.11) earnings per share. The business had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $953.42 million. The business’s quarterly revenue was down 9.0% compared to the same quarter last year. Analysts expect that Goldcorp Inc. will post $0.40 EPS for the current fiscal year.

Several institutional investors have added to or reduced their stakes in the stock. Comerica Bank boosted its position in Goldcorp by 17.0% in the fourth quarter. Comerica Bank now owns 89,746 shares of the company’s stock valued at $1,120,000 after buying an additional 13,033 shares during the period. Airain ltd boosted its position in Goldcorp by 2.1% in the fourth quarter. Airain ltd now owns 220,384 shares of the company’s stock valued at $2,548,000 after buying an additional 4,496 shares during the period. Gulf International Bank UK Ltd boosted its position in Goldcorp by 4.8% in the fourth quarter. Gulf International Bank UK Ltd now owns 245,242 shares of the company’s stock valued at $2,836,000 after buying an additional 11,160 shares during the period. Trexquant Investment LP boosted its position in Goldcorp by 532.4% in the fourth quarter. Trexquant Investment LP now owns 341,472 shares of the company’s stock valued at $3,947,000 after buying an additional 287,472 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its position in Goldcorp by 81.8% in the fourth quarter. BNP Paribas Arbitrage SA now owns 665,396 shares of the company’s stock valued at $7,692,000 after buying an additional 299,357 shares during the period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.