IAMGOLD (IAG) Expected to Announce Earnings on Tuesday

IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG will likely be announcing its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect IAMGOLD to post earnings of $0.12 per share and revenue of $578.70 million for the quarter.

IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG last posted its quarterly earnings results on Thursday, February 20th. The mining company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.05). The company had revenue of $469.90 million for the quarter, compared to the consensus estimate of $498.68 million. IAMGOLD had a net margin of 50.19% and a return on equity of 10.64%. On average, analysts expect IAMGOLD to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

IAMGOLD Trading Down 1.0 %

IAG traded down $0.07 during trading on Friday, hitting $6.72. 11,946,771 shares of the stock were exchanged, compared to its average volume of 10,240,028. IAMGOLD has a 1 year low of $3.44 and a 1 year high of $8.38. The firm has a market cap of $3.86 billion, a price-to-earnings ratio of 4.63 and a beta of 1.52. The firm has a 50 day simple moving average of $6.39 and a 200 day simple moving average of $5.91. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 0.89.

Wall Street Analyst Weigh In

Several research firms have recently commented on IAG. National Bank Financial upgraded shares of IAMGOLD to a "strong-buy" rating in a report on Friday, March 21st. StockNews.com downgraded shares of IAMGOLD from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. Scotiabank increased their target price on IAMGOLD from $6.75 to $7.50 and gave the company a "sector perform" rating in a research report on Monday, April 14th. Raymond James restated a "market perform" rating and set a $8.00 price objective on shares of IAMGOLD in a research note on Friday, April 4th. Finally, BMO Capital Markets began coverage on IAMGOLD in a research note on Wednesday, April 16th. They issued an "outperform" rating on the stock. Four analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $7.57.

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.