Goldcorp Sees Investors Taking Shine to ‘Beaten-Up’ Industry

The world’s largest gold producer by market value says investor sentiment for the sector may finally be starting to turn after years as one of the least-loved industries.

“There’s generalist value investors out there saying ‘OK, I like looking at beaten-up sectors, this sector is really beaten up,’” Goldcorp Inc. Chief Executive Officer Chuck Jeannes said in an interview Tuesday at Bloomberg’s Toronto office. “People are trying to call the bottom.”