National Bank Financial Estimates IAMGOLD FY2027 Earnings

IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - Research analysts at National Bank Financial lowered their FY2027 earnings estimates for IAMGOLD in a report released on Tuesday, May 27th. National Bank Financial analyst M. Sidibe now forecasts that the mining company will earn $1.41 per share for the year, down from their prior estimate of $1.47. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for IAMGOLD's current full-year earnings is $1.11 per share.

IMG has been the topic of several other reports. National Bankshares increased their price objective on shares of IAMGOLD from C$13.50 to C$15.00 and gave the company an "outperform" rating in a report on Wednesday, April 2nd. BMO Capital Markets raised shares of IAMGOLD to a "strong-buy" rating in a report on Wednesday, April 16th. Stifel Nicolaus increased their price objective on shares of IAMGOLD from C$9.50 to C$11.00 in a report on Monday, April 21st. Finally, Raymond James raised shares of IAMGOLD from a "strong sell" rating to a "hold" rating in a report on Monday, February 3rd. Two research analysts have rated the stock with a hold rating, one has given a buy rating and four have issued a strong buy rating to the company. According to MarketBeat, IAMGOLD has a consensus rating of "Buy" and an average price target of C$10.67.

IAMGOLD Stock Performance

TSE IMG traded down C$0.03 during mid-day trading on Thursday, reaching C$9.34. 2,264,124 shares of the stock were exchanged, compared to its average volume of 2,045,940. The company has a debt-to-equity ratio of 28.93, a quick ratio of 1.19 and a current ratio of 0.89. The company has a market capitalization of C$3.80 billion, a P/E ratio of 4.85, a P/E/G ratio of -0.28 and a beta of 1.47. IAMGOLD has a 1 year low of C$4.86 and a 1 year high of C$11.63. The business's 50 day moving average is C$9.44 and its 200-day moving average is C$8.56.

Insider Buying and Selling

In related news, Director Christiane Bergevin purchased 5,000 shares of the company's stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of C$8.29 per share, for a total transaction of C$41,450.00. Also, Senior Officer Bruno Lemelin sold 15,000 shares of IAMGOLD stock in a transaction dated Friday, March 14th. The shares were sold at an average price of C$8.52, for a total transaction of C$127,786.50. 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.