Goldcorp (GG) volatility increases as shares pull back 9% on lowers FY12 gold production view
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Goldcorp (NYSE: GG) July put option implied volatility is at 41, August is at 43, October is at 41, January is at 42; above its 26-week average of 36 according to Track Data, suggesting larger price movement after lowering FY12 gold production views. RBC Capital lowered its price target to $52 from $62.
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