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Goldcorp shares fall after gold miner cuts production guidance for 2012
Original Publication Date: July 11, 2012 3:14AM
Publication Updated: January 9, 2025 5:25AM
VANCOUVER – Shares of Goldcorp Inc. (TSX:G) fell nearly 10 per cent on Wednesday after the company cut its 2012 production guidance due to problems at its Red Lake mine in Ontario and Penasquito mine in Mexico. The stock was down $3.32 at $34.31 in trading on the Toronto Stock Exchange after it said after the close of markets Tuesday that expected to produce between 2.35 and 2.45 million ounces of gold for the year.
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