Goldcorp schockt Investoren mit Mega-Abschreibung und verfehlt Erwartungen

Der wertvollste Goldproduzent der Welt, die kanadische Goldcorp (NYE:GG), fällt gestern um fast 9% zurück. Heftige Reaktion des Aktienkurses auf die jüngsten Finanzergebnisse, die erheblich unter den Erwartungen lagen. Vor allem eine massive Abschreibung auf das Wachstumsprojekt Cerro Negro in Argentinien belastet die Resultate..

Goldcorp CEO frustrated by reaction to Cerro Negro writeoff 

Carl Surran, SA News Editor

• Goldcorp (NYSE:GG) fell 8.4% today after missing Q4 earnings expectations and posting a huge impairment charge on one of its newest mines, which CEO Chuck Jeannes called "frustrating."
• In today's earnings conference call, the CEO said analysts seemed to expect sales from the Cerro Negro mine and another mine to be included in this quarter’s results, even though he had told them it would not happen.
• Jeannes said he is still positive about Cerro Negro despite the writedown, which came because of high inflation and import and currency restrictions in Argentina; the country has recovered from the sort of crisis it is now experiencing before, he said.
• Despite the disappointing report, analysts remain largely positive on the stock; a BMO analyst today described GG as "the preferred senior gold stock, offering strong production growth, reasonable balance sheet and healthy dividend yield."

Goldcorp misses on Q4 earnings, takes $2.3B writedown on Argentina mine

Carl Surran, SA News Editor

• Goldcorp missed Q4 earnings and revenue expectations, as lower prices and higher costs offset a big jump in production.
• GG's unadjusted $2.4B loss in Q4 was mostly attributable to a $2.3B writedown on its Cerro Negro gold mine in Argentina, which achieved commercial production just after the end of Q4; GG previously had warned it could take a charge of up to $2.7B on the project.
• Q4 gold production totaled a record 890.9K oz., up from 768.9K oz. in the year-ago period, but all-in sustaining costs were much higher at $1,035/oz. from $810/oz. a year earlier.
• GG forecasts 2015 production to rise ~20% Y/Y to 3.3M-3.6M oz. and all-in sustaining costs of $875-$950/oz.; plans capital spending for the year at $1.2B-$1.4B.
• GG expects major contributions from its new operations at Cerro Negro, Eleonore and Cochenour (still in development); Eleonore reached production in October but produced only 18.3K oz. due to issues with a tailings filter press system that the company says have been resolved.
• Also announced proven and probable mineral reserves of 49.6M oz. of gold and 789M oz. of silver.

Quelle: goldcorp.com

Quelle: goldcorp.com

Quelle: goldcorp.com

Quelle: goldcorp.com

Quelle: bigcharts.com

Quelle: bigcharts.com