| Company name | Goldcorp Inc. (USA) |
| Stock ticker | GG |
| Live stock price | [stckqut]GG[/stckqut] |
| Confident Investor Rating | Poor |
The following company description is from Google Finance: http://www.google.com/finance?q=gg
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. As of December 31, 2012, the Company’s producing mining properties were consisted of the Red Lake, Porcupine and Musselwhite gold mines in Canada; the Penasquito gold/silver/lead/zinc mine, Los Filos and El Sauzal gold mines in Mexico; the Marlin gold/silver mine in Guatemala; the Alumbrera gold/copper mine (37.5% interest) in Argentina; the Marigold (66.7% interest) and Wharf gold mines in the United States. In September 2013, Quaterra Resources Inc sold three properties in central Mexico to Goldcorp Inc.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Goldcorp Inc. It is not possible to confidently invest in a company that is not currently profitable. I have removed Goldcorp from my Watch List.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.