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Monday, April 26, 2010

Goldcorp (TSE:G) Upgraded to "Action List" by Toronto-Dominion Bank

Toronto-Dominion Bank analyst Greg Barnes upgraded Goldcorp (TSE:G)(NYSE:GG) to "Action List," which reflects the top stocks in the opinion of the bank.

Barnes gave the following reason as to why Goldcorp was upgraded, as “given our view of the company’s low political risk profile, conservative balance sheet, and low cost production.”

Goldcorp is of course always among the low-cost gold producers in the world, given them a strong competitive advantage.

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