Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



3 Reasons to Sell Goldcorp

In the video below, Motley Fool materials analyst Taylor Muckerman takes a look at some potential red flags for Goldcorp (NYSE: GG  ) .

The company has unsettled issues with the governments of Argentina and Chile concerning repatriation and environmental issues. These problems are faced by many miners, but currently Goldcorp is dealing with these two governments regarding important plays.

Goldcorp is also vulnerable to "act of god" issues that could force it to halt production. It's had water supply problems in one of its mines. It's also experienced increased seismic activity at its Red Lake mine in Canada that could add to production delays.

Lastly, worldwide demand for several of its byproduct metals, such as copper, lead, and zinc has fallen. This could start to affect the company's margins and hamper its bottom-line growth.

Despite these potential red flags, Goldcorp is one of the leading players in the gold mining market. For the last several years, investors have been the beneficiaries of several successful acquisitions and strong organic growth. Goldcorp's low-cost production of one of the most sought-after metals in the world continues to make it an attractive choice for long-term investors. Click here for our detailed report to discover more about this mining specialist.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2201381, ~/Articles/ArticleHandler.aspx, 9/29/2016 3:06:13 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,210.29 -128.95 -0.70%
S&P 500 2,158.65 -12.72 -0.59%
NASD 5,286.93 -31.62 -0.59%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/29/2016 2:50 PM
GG $16.71 Up +0.12 +0.72%
Goldcorp CAPS Rating: ***
ABX $18.00 Down -0.02 -0.11%
Barrick Gold CAPS Rating: ***
NEM $39.17 Down -0.04 -0.10%
Newmont Mining CAPS Rating: ***