7 Things You Didn't Know About Goldcorp Inc.
In part because of the specter of political uncertainty in Washington and rising geopolitical tensions, the price of gold has risen more than 12% year to date. Now, therefore, seems like the right time to get to know one of the leading gold producers a little better. So let's dig in and acquaint ourselves with Goldcorp (NYSE: GG), a leader in the mining industry.
Image source: Getty Images.
True to its name, gold figures prominently in the company's business. According to the company's 2016 annual report, gold sales accounted for $2.86 billion, or 81%, of the company's consolidated revenue from continuing operations in 2016. But the yellow stuff isn't the only thing the company digs out of the ground. In the same year, silver, zinc, and lead sales accounted for 11%, 6%, and 2%, respectively, of consolidated revenue from continuing operations.
Source: Fool.com
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