Goldcorp Meets Q4 2012 Gold Production Guidance, Provides FY2013 Production Forecast; Stock Up 1% in Pre-Market

By Staff,

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Goldcorp Inc. ( GG ) reported "strong" fourth quarter 2012 gold production totaling 696,700 ounces, with total 2012 gold production of 2.39 million ounces, within previous guidance.

The company expects 2013 gold production to grow approximately 10% to between 2.55 and 2.80 million ounces. Forecast 2013 silver production is expected at between 29 and 31 million ounces (including approximately 20 to 21 million ounces at Penasquito).

GG edged up by 28 cents, or about 1%, to $35.50 in pre-market trade.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing Commodities
Referenced Stocks: GG

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