April 30, 2015 / 4:18 PM / 2 years ago

BUZZ-Goldcorp Inc: Lower-than-expected profit

1 Min Read

** Gold producer's shares down 4.8 pct at C$23.05; U.S.-listed shares down 6.1 pct at $18.93

** Company posts smaller-than-expected Q1 profit due to lower realized margin on gold sales, higher tax rate, and higher depreciation and depletion expenses

** Up to Wednesday's close, Toronto-listed stock had risen nearly 13 pct, while U.S. stock rose nearly 9 pct this year

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