NEW YORK (TheStreet) — Goldcorp (NYSE:GG) hit a new 52-week high Tuesday as it traded at $50.94 compared with its previous 52-Week high of $50.80. Goldcorp is changing hands at $50.94 with 3.5 million shares traded as of 12:01 p.m. ET. Average volume has been seven million shares over the past 30 days.
Goldcorp has a market cap of $39.3 billion and is part of the basic materials sector and metals & mining industry. Shares are up 7% year to date as of the close of trading on Monday.
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. The company produces and sells gold, silver, and copper. It also holds interests in lead and zinc projects. The company has a P/E ratio of 26.3, above the average metals & mining industry P/E ratio of 23.1 and above the S&P 500 P/E ratio of 16.8.
