Goldcorp widens Q4 net loss as significant charges weigh

February 25, 2016

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Goldcorp has reported a net loss of $4.3-billion, or $5.14 a share for the three months ended December 31, as the company booked an impairment charge of $3.9-billion, or $4.69 a share.
The Vancouver-based miner, the largest in the world by market capitalisation, also announced that it was scrapping its monthly dividend of $0.02 a share in favour of a quarterly dividend of the same value, for an annual total of $0.08 a share.

Category: General