IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - Equities researchers at Raymond James issued their Q1 2024 EPS estimates for shares of IAMGOLD in a research note issued to investors on Tuesday, March 19th. Raymond James analyst F. Hamed forecasts that the mining company will post earnings of ($0.05) per share for the quarter. The consensus estimate for IAMGOLD's current full-year earnings is $0.13 per share. Raymond James also issued estimates for IAMGOLD's Q2 2024 earnings at ($0.03) EPS, Q3 2024 earnings at $0.03 EPS, Q4 2024 earnings at $0.08 EPS and FY2024 earnings at $0.03 EPS.
IAMGOLD (TSE:IMG - Get Free Report) NYSE: IAG last released its earnings results on Thursday, February 15th. The mining company reported C$0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.02 by C$0.06. IAMGOLD had a net margin of 9.55% and a return on equity of 4.36%. The company had revenue of C$405.19 million for the quarter.
IMG has been the subject of a number of other research reports. National Bankshares boosted their price target on shares of IAMGOLD from C$4.00 to C$4.50 and gave the company a "sector perform" rating in a research note on Tuesday, December 19th. National Bank Financial restated a "sector perform spec overwgt" rating on shares of IAMGOLD in a report on Wednesday, January 3rd. Bank of America increased their target price on shares of IAMGOLD from C$4.10 to C$4.40 in a research report on Tuesday, January 2nd. Stifel Nicolaus cut their target price on shares of IAMGOLD from C$3.50 to C$3.00 and set a "hold" rating for the company in a research report on Friday, January 26th. Finally, BMO Capital Markets cut their target price on shares of IAMGOLD from C$3.50 to C$3.25 and set an "outperform" rating for the company in a research report on Tuesday, December 19th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, IAMGOLD has a consensus rating of "Hold" and a consensus price target of C$4.06.
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IAMGOLD Stock Down 0.2 %
Shares of IAMGOLD stock traded down C$0.01 during trading on Friday, reaching C$4.04. 736,538 shares of the company traded hands, compared to its average volume of 1,177,048. The company has a debt-to-equity ratio of 42.05, a current ratio of 1.20 and a quick ratio of 1.19. IAMGOLD has a 1-year low of C$2.71 and a 1-year high of C$4.53. The company has a 50 day moving average price of C$3.60 and a 200-day moving average price of C$3.36. The firm has a market capitalization of C$2.01 billion, a PE ratio of 16.83, a P/E/G ratio of -0.28 and a beta of 1.44.
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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