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Goldcorp 3rd-qtr profit soars 88 pct

Published 2017-10-25, 06:06 p/m
© Reuters.  Goldcorp 3rd-qtr profit soars 88 pct
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Oct 25 (Reuters) - Canadian gold producer Goldcorp Inc G.TO GG.N reported an 88 percent surge in quarterly profit on Wednesday.

The company's net earnings rose to $111 million, or 13 cents per share, in the third quarter ended Sept. 30, from $59 million, or 7 cents per share, a year earlier. company produced 633,000 ounces of gold in the reported quarter at $827 an ounce. That compared with 715,000 ounces at a cost of $812 per ounce in the third quarter last year.

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