Goldcorp is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. Co.'s metal properties consist of gold, silver, copper, lead and zinc. We show 12 historical shares outstanding datapoints in our GG shares outstanding history coverage, used to compute GG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GG market cap history over the course of time is important for investors
interested in comparing GG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of GG versus a peer is one thing; comparing
GG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like GG can fluctuate over the course of history.
With this page we aim to empower investors researching GG by allowing them to research the GG market cap history. |
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Video: The Importance of Market Cap
