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Thursday, February 13, 2014

Goldcorp reports loss on impairment, tax-related charges, (TSE: G.TO), (NYSE: GG)

Goldcorp Inc reported a quarterly loss of more than $1 billion on Thursday due to impairment charges, deferred tax charges and other one-time items. The Vancouver-based miner said its net loss in the fourth quarter was $1.1 billion, or $1.34 a share. That compared with a year-earlier profit of $504 million, or 47 cents a share.

Goldcorp Inc. (Goldcorp) 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. Shares of G fell by 2.88% or $-0.85/share to $28.62. In the past year, the shares have traded as low as $21.87 and as high as $35.20. On average, 2988630 shares of G.TO exchange hands on a given day and today's volume is recorded at 3361257.

Goldcorp Inc. (Goldcorp) 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. Shares of GG remained unchanged at $26.04. In the past year, the shares have traded as low as $20.54 and as high as $35.19. On average, 8230630 shares of GG exchange hands on a given day and today's volume is recorded at 8154.



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