Goldcorp Inc. (GG) Is At $9.69 Formed Wedge; Shorts at Boulder Growth & Income

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Goldcorp Inc. (GG) formed wedge up with $10.37 target or 7.00% above today’s $9.69 share price. Goldcorp Inc. (GG) has $8.42 billion valuation. The stock increased 0.52% or $0.05 during the last trading session, reaching $9.69. About 3.99M shares traded. Goldcorp Inc. (NYSE:GG) has declined 20.38% since January 14, 2018 and is downtrending. It has underperformed by 20.38% the S&P500. Some Historical GG News: 22/03/2018 – S&PGR Revises Outlook On Goldcorp Inc. To Stable From Negative; 10/05/2018 – Templeton Adds Goldcorp, Exits Halliburton, Cuts Amgen: 13F; 21/05/2018 – Goldcorp Says Peru and Nevada Would Make Its Portfolio Perfect; 26/04/2018 – GOLDCORP CEO DAVID GAROFALO SPEAKS IN 1Q EARNINGS CALL; 26/04/2018 – GOLDCORP COSTS TO FALL `QUITE APPRECIABLY’ IN 2ND HALF: CEO; 25/04/2018 – Goldcorp 1Q EPS 8c; 15/05/2018 – Goldcorp Closes Below 50-Day Moving Average: Technicals; 26/04/2018 – SPHINX RESOURCES – IN CONNECTION WITH DEAL, GOLDCORP WILL ACQUIRE 14% INTEREST IN QPM UNDER SUBSCRIPTION AGREEMENT BETWEEN CANADA STRATEGIC & GOLDCORP; 26/04/2018 – Mednax process on life support; 26/04/2018 – Goldcorp Announces Voting Results from Annual Shareholders Meetings

Boulder Growth & Income Fund Inc (NYSE:BIF) had a decrease of 18.12% in short interest. BIF’s SI was 23,500 shares in January as released by FINRA. Its down 18.12% from 28,700 shares previously. With 146,400 avg volume, 0 days are for Boulder Growth & Income Fund Inc (NYSE:BIF)’s short sellers to cover BIF’s short positions. The stock decreased 0.29% or $0.03 during the last trading session, reaching $10.37. About 359,833 shares traded or 64.28% up from the average. Boulder Growth & Income Fund, Inc. (NYSE:BIF) has declined 1.64% since January 14, 2018 and is downtrending. It has underperformed by 1.64% the S&P500.

Analysts await Goldcorp Inc. (NYSE:GG) to report earnings on February, 13. They expect $0.02 earnings per share, down 80.00% or $0.08 from last year’s $0.1 per share. GG’s profit will be $17.37 million for 121.13 P/E if the $0.02 EPS becomes a reality. After $-0.08 actual earnings per share reported by Goldcorp Inc. for the previous quarter, Wall Street now forecasts -125.00% EPS growth.

Among 6 analysts covering Goldcorp (NYSE:GG), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Goldcorp had 7 analyst reports since August 29, 2018 according to SRatingsIntel. The stock has “Buy” rating by HSBC on Friday, November 16. The rating was maintained by JP Morgan with “Overweight” on Monday, September 17. The stock of Goldcorp Inc. (NYSE:GG) has “Hold” rating given on Wednesday, January 9 by Vertical Research. BMO Capital Markets upgraded the shares of GG in report on Friday, October 26 to “Outperform” rating. The stock of Goldcorp Inc. (NYSE:GG) has “Buy” rating given on Wednesday, August 29 by Citigroup. The rating was downgraded by Citigroup to “Neutral” on Tuesday, September 25.

Boulder Growth & Income Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Boulder Investment Advisers, L.L.C. The company has market cap of $1.10 billion. It is co-managed by Stewart West Indies Trading Co Ltd. and Rocky Mountain Advisers, Llc. It has a 6.92 P/E ratio. The fund invests in public equity and fixed income markets across the globe.

More notable recent Boulder Growth & Income Fund, Inc. (NYSE:BIF) news were published by: Seekingalpha.com which released: “Equity CEFs: Top Picks For 2019 – Seeking Alpha” on January 02, 2019, also Businesswire.com with their article: “Boulder Growth & Income Fund, Inc. Announces Change in Distribution Frequency and Declares Initial 2019 Quarterly Distribution – Business Wire” published on November 12, 2018, Seekingalpha.com published: “BIF: Deep Discount And Strong Performance Make This Buffett Portfolio A Compelling Buy – Seeking Alpha” on July 10, 2017. More interesting news about Boulder Growth & Income Fund, Inc. (NYSE:BIF) were released by: Seekingalpha.com and their article: “This Discounted Blue Chip Closed-End Fund Continues To Beat The Market – Seeking Alpha” published on February 16, 2018 as well as Seekingalpha.com‘s news article titled: “Is Boulder Growth & Income’s Run Over? – Seeking Alpha” with publication date: November 15, 2017.

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