Shares of IAMGOLD Co. (TSE:IMG - Get Free Report) NYSE: IAG passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$8.80 and traded as high as C$10.33. IAMGOLD shares last traded at C$10.28, with a volume of 1,102,134 shares.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the company. Stifel Nicolaus increased their target price on IAMGOLD from C$9.50 to C$11.00 in a report on Monday, April 21st. BMO Capital Markets upgraded IAMGOLD to a "strong-buy" rating in a research report on Wednesday, April 16th. National Bank Financial upgraded IAMGOLD to a "strong-buy" rating in a report on Friday, March 21st. Finally, National Bankshares lifted their target price on shares of IAMGOLD from C$13.50 to C$15.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 2nd. Two 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.com, the stock presently has a consensus rating of "Buy" and an average price target of C$10.67.
View Our Latest Analysis on IMG
IAMGOLD Stock Up 1.4%
The company has a quick ratio of 1.19, a current ratio of 0.89 and a debt-to-equity ratio of 28.93. The firm has a market capitalization of C$4.18 billion, a PE ratio of 5.33, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47. The business has a 50-day moving average price of C$9.78 and a 200-day moving average price of C$8.80.
IAMGOLD Company Profile
(
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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.
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