Sorrentino says Goldcorp is a stock that investors would "wise to consider" if they were looking for a silver that would be discovered suddenly as a major silver play, without feeling that they were overpaying for it. However, he cautions that U.S. investors that everything that this Canadian company does is priced in Canadian dollars, so they should pay attention to currency-translation effects and time the buying of the stock accordingly. BMO recently raised its price target of Goldcorp to $60 from $57.50, saying its C$3.6 billion purchase of precious metal exploration company Andean Resources, along with its high-quality, low-cost Cerro Negro gold project, adds to its already strong growth ability. BMO analyst David Haughton rates Goldcorp stock as outperform. Goldcorp's announcement of its agreement to acquire Australia-based Andean was announced last September. Goldcorp shares have fallen 5.1% since the start of 2011.