National Bank Financial Weighs in on IAMGOLD FY2025 Earnings

IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - Stock analysts at National Bank Financial lifted their FY2025 earnings estimates for IAMGOLD in a research report issued on Tuesday, July 15th. National Bank Financial analyst M. Sidibe now forecasts that the mining company will post earnings of $1.32 per share for the year, up from their prior estimate of $1.21. The consensus estimate for IAMGOLD's current full-year earnings is $1.11 per share. National Bank Financial also issued estimates for IAMGOLD's FY2025 earnings at $1.32 EPS, FY2026 earnings at $2.07 EPS and FY2026 earnings at $2.07 EPS.

Several other brokerages have also issued reports on IMG. Raymond James Financial raised shares of IAMGOLD to a "hold" rating in a report on Monday, June 30th. BMO Capital Markets raised shares of IAMGOLD to a "strong-buy" rating in a report on Wednesday, April 16th. National Bankshares boosted their price target on shares of IAMGOLD from C$15.00 to C$16.00 and gave the company an "outperform" rating in a report on Tuesday, June 24th. Finally, Stifel Nicolaus upped their target price on shares of IAMGOLD from C$9.50 to C$11.00 in a report on Monday, April 21st. Two analysts have rated the stock with a hold rating, one has given a buy rating and four have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of C$11.00.

IAMGOLD Stock Performance

Shares of IAMGOLD stock traded down C$0.19 on Friday, reaching C$9.47. The stock had a trading volume of 1,056,071 shares, compared to its average volume of 2,026,443. The business's 50-day moving average price is C$9.72 and its two-hundred day moving average price is C$9.17. The company has a debt-to-equity ratio of 28.93, a quick ratio of 1.19 and a current ratio of 0.89. IAMGOLD has a fifty-two week low of C$4.90 and a fifty-two week high of C$11.63. The stock has a market cap of C$3.85 billion, a P/E ratio of 4.91, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47.

About IAMGOLD

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.