Goldcorp Inc said on Monday it is walking away from a hostile bid to acquire Osisko Mining Corp, which last week reached a C$3.9 billion ($3.54 billion) deal to sell most of its assets to Yamana Gold Inc and Agnico Eagle Mines Ltd. Vancouver-based Goldcorp said in a brief statement it would not raise its bid for Montreal-based Osisko and would let the offer expire on April 22."We stated from the beginning of this process that we would remain disciplined with respect to our offer to acquire Osisko, and our decision not to amend the offer is consistent with that commitment," Goldcorp Chief Executive Chuck Jeannes said in the statement.($1 = 1.1018 Canadian Dollars)
Yamana Gold Inc. (Yamana) is a gold producer, engaged in gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia. Shares of AUY fell by 4.78% or $-0.3801/share to $7.58. In the past year, the shares have traded as low as $7.93 and as high as $12.75. On average, 7984070 shares of AUY exchange hands on a given day and today's volume is recorded at 6155868.
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 traded higher by 0.46% or $0.12/share to $26.13. In the past year, the shares have traded as low as $21.87 and as high as $33.80. On average, 3135960 shares of G.TO exchange hands on a given day and today's volume is recorded at 2383163.
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 traded higher by 0.47% or $0.11/share to $23.71. In the past year, the shares have traded as low as $20.54 and as high as $32.15. On average, 6785020 shares of GG exchange hands on a given day and today's volume is recorded at 4996929.
Osisko Mining Corporation is engaged in the business of acquiring, exploring, developing and operating gold properties, with interests substantially in Canada. Shares of OSK fell by 5.12% or $-0.41/share to $7.59. In the past year, the shares have traded as low as $2.98 and as high as $8.06. On average, 5819720 shares of OSK.TO exchange hands on a given day and today's volume is recorded at 7715866.
Yamana Gold Inc. (Yamana) is a gold producer, engaged in gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia. Shares of YRI fell by 4.68% or $-0.41/share to $8.35. In the past year, the shares have traded as low as $8.74 and as high as $13.16. On average, 2537590 shares of YRI.TO exchange hands on a given day and today's volume is recorded at 2759845.
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