IAMGOLD Co. (TSE:IMG – Free Report) (NYSE:IAG) – Investment analysts at National Bank Financial boosted their FY2025 earnings estimates for IAMGOLD in a research note issued on Monday, February 10th. National Bank Financial analyst M. Parkin now anticipates that the mining company will post earnings per share of $1.17 for the year, up from their prior estimate of $1.14. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share.
IMG has been the topic of several other research reports. Cibc World Mkts upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. Canaccord Genuity Group upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 22nd. Stifel Nicolaus raised their target price on shares of IAMGOLD from C$6.00 to C$9.00 in a research note on Monday, October 21st. Raymond James raised shares of IAMGOLD from a “strong sell” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, National Bankshares lifted their price objective on shares of IAMGOLD from C$12.00 to C$13.50 and gave the company an “outperform” rating in a research report on Tuesday. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$8.68.
IAMGOLD Trading Up 3.3 %
Shares of TSE:IMG opened at C$9.42 on Thursday. The stock has a market capitalization of C$5.37 billion, a PE ratio of 29.44, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47. The company’s 50-day moving average price is C$8.12 and its two-hundred day moving average price is C$7.37. The company has a debt-to-equity ratio of 35.17, a current ratio of 1.34 and a quick ratio of 1.19. IAMGOLD has a one year low of C$3.15 and a one year high of C$9.68.
Insider Activity at IAMGOLD
In related news, Senior Officer Timothy Bradburn sold 16,800 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$8.10, for a total value of C$136,080.00. Also, Senior Officer Stephen Eddy sold 16,100 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of C$7.80, for a total transaction of C$125,580.00. 0.10% of the stock is owned by company insiders.
IAMGOLD Company Profile
IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.
Read More
- Five stocks we like better than IAMGOLD
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- CVS Health: Earnings Beat Ignites Stock Rally
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Honeywell’s Breakup: Is HON Stock a Sweet Deal for Investors?
- When to Sell a Stock for Profit or Loss
- PayPal: Time to Strike With Shares Down Double Digits?
Receive News & Ratings for IAMGOLD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IAMGOLD and related companies with MarketBeat.com's FREE daily email newsletter.