GoldCorp Tops Targets on Rise in Gold Sales

Goldcorp(GG Quote) topped Wall Street targets with 27% profit growth in its first quarter, buoyed by increased production of its namesake mineral even as overall revenue slipped.

Before the market opened Thursday, the Canadian mining company reported net earnings of $291 million, or 40 cents a share.

Excluding items, which include lower taxes in the quarter, the company said its adjusted earnings were $169 million, or 23 cents a share, even with the year-earlier period. That's a dime better than what analysts' were expecting, according to Thomson Reuters. ...