Barclays Initiates Coverage of Five North American Gold Stocks

Today Barclays initiated coverage on five North American gold stocks. Barclays’ top pick is  Goldcorp (NYSE:GG), and has issued an Overweight rating and  a $62 price target on the stock.  Goldcorp shares closed today’s session at $43.91. Barclays also picked up coverage of Yamana Gold (NYSE:AUY), and  Newmont Mining (NYSE:NEM), both with Overweight ratings. Initiated [...]

Goldcorp Lowers Full-Year Gold Production; Shares Under Pressure

Goldcorp’s  (NYSE:GG) Q2 production increased 10% compared to prior quarter, totaling 578,600 ounces.  Goldcorp also revised its full-year production figures due to due to operational problems at its Red Lake mine in Ontario and its Penasquito mine in Mexico. Goldcorp is now forecasting for full-year gold production of 2.35 mln to 2.45 mln ounces, below its previous guidance [...]

Top Miners in Canada

The following is a list of companies that are major miners in Canada, including the commodities they produce. The companies featured here all are public; have operating mines, and a market cap that is greater than CDN $500 million. Barrick Gold (NYSE:ABX, TSE:ABX): Gold, silver Teck Resources (NYSE:TCK, TSE:TCK.A, TSE:TCK.B): Copper, molybdenum Taseko Mines (NYSEAMEX: TGB, TSE:TKO): [...]