NEW YORK (TheStreet) — Goldcorp (NYSE:GG) hit a new 52-week high Thursday as it is currently trading at $56.16, above its previous 52-week high of $56.03 with 2.5 million shares traded as of 11:31 a.m. ET. Average volume has been 6.9 million shares over the past 30 days.
Goldcorp has a market cap of $43.5 billion and is part of the basic materials sector and metals & mining industry. Shares are up 19.8% year to date as of the close of trading on Wednesday.
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. It produces and sells gold, silver, copper, lead, and zinc. The company has a P/E ratio of 29.1, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 16.9.
