RE:RE:NEWS- Goldcorp Reports Fourth Quarter 2015 Resultsbullchart wrote: Still glad I moved out of this yesterday and today. Bottom line is G lost 4.15 Billion in 2015 with a high yesterday of 22.78 from a low of 13.55 on a 5 week uptick. Last year reported a 2.15 billion loss for 2014 and trading at 26.90. Got to say it was a nice leg up. Leg down into June again coming up.
The financials actually don't look that bad to me. Here are a few other notes:
Free cashflow before dividends was $335mm versus -$1b in 2014.
Added $1b via increase to credit line that continues fully undrawn.
Dividend cut, which will resonate well with investors.
I'm not so sure we see a significant leg down, if any. Though of course I could be wrong.