Why does Goldcorp have a net loss?

Why does Goldcorp have a net loss?

Higher net loss reflectsExploration/Dry Hole Exp (Incl Write Off) increase from$215K to $1.2M (expense), General and administrativeincrease of 25% to $1.6M (expense). Basic Earnings perShare excluding Extraordinary Items decreased from -$0.01to -$2.30. Augusta Gold Corp., formerly Bullfrog Gold Corp. is an exploration and development company.

Are there any gold stocks under$ 10?

With that being said, here are 5 highly-ranked gold stocks that are also currently trading for less than $10 a share. It is important to note before we dive in that stocks under $10 often show more volatility than higher priced stocks. B2Gold Corp BTG – Market Cap: $3.39 billion, Last Close: $3.28

What kind of company is Augusta Gold Corp?

Augusta Gold Corp., formerly Bullfrog Gold Corp. is an exploration and development company. The Company is engaged in acquisition and exploration of properties that contain gold, silver, and other metals in the United States.

Which is the best gold mining company to buy?

B2Gold is a Canadian gold-mining company based in Vancouver. The company currently has five mines open throughout the world, and another two projects in development. B2Gold has the largest market cap on this list, which makes it relatively less volatile.

Who is going to be the new owner of Goldcorp?

Goldcorp announced it has agreed to be acquired by Newmont Mining in a deal that would create the world’s largest gold producer. Maxx has been a contributor to Fool.com since 2013.

Higher net loss reflectsExploration/Dry Hole Exp (Incl Write Off) increase from$215K to $1.2M (expense), General and administrativeincrease of 25% to $1.6M (expense). Basic Earnings perShare excluding Extraordinary Items decreased from -$0.01to -$2.30. Augusta Gold Corp., formerly Bullfrog Gold Corp. is an exploration and development company.

What was the total return of Goldcorp?

Goldcorp has delivered a total return of negative 53% in that span. Both are embarrassingly behind the S&P 500, which has sprinted to a 266% total return in the last decade. Therefore, investors shouldn’t think this merger will be a great investment. All the evidence on gold stocks suggests it won’t be.

What’s the deal with Goldcorp and Newmont?

Shares of Goldcorp (NYSE: GG) rose over 12% today after the company announced it had agreed to be acquired by Newmont Mining ( NYSE:NEM) in a $10 billion stock-for-stock deal. As stated in the press release, “this combination will create the world’s leading gold business.”