IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - Research analysts at Cormark lifted their Q1 2024 earnings per share estimates for shares of IAMGOLD in a report issued on Monday, April 22nd. Cormark analyst R. Gray now forecasts that the mining company will earn $0.00 per share for the quarter, up from their previous estimate of ($0.01). The consensus estimate for IAMGOLD's current full-year earnings is $0.07 per share.
IMG has been the subject of a number of other research reports. Stifel Nicolaus raised their target price on IAMGOLD from C$3.00 to C$5.25 in a research note on Friday. National Bankshares raised their target price on IAMGOLD from C$6.25 to C$6.50 in a research note on Friday. National Bank Financial restated a "sector perform spec overwgt" rating on shares of IAMGOLD in a research note on Monday, April 8th. Canaccord Genuity Group raised their target price on IAMGOLD from C$3.75 to C$5.50 in a research note on Tuesday. Finally, Bank of America raised their target price on IAMGOLD from C$4.40 to C$6.20 in a research note on Tuesday, April 9th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, IAMGOLD has an average rating of "Hold" and an average target price of C$4.99.
View Our Latest Stock Report on IMG
IAMGOLD Stock Up 5.4 %
Shares of IMG traded up C$0.26 during midday trading on Tuesday, hitting C$5.05. 2,050,392 shares of the company's stock traded hands, compared to its average volume of 1,274,184. IAMGOLD has a 1 year low of C$2.71 and a 1 year high of C$5.38. The firm's fifty day moving average is C$4.23 and its 200-day moving average is C$3.62. The company has a current ratio of 1.20, a quick ratio of 1.19 and a debt-to-equity ratio of 42.05. The stock has a market capitalization of C$2.51 billion, a price-to-earnings ratio of 21.33, a price-to-earnings-growth ratio of -0.28 and a beta of 1.44.
IAMGOLD (TSE:IMG - Get Free Report) NYSE: IAG last issued its quarterly earnings data on Thursday, February 15th. The mining company reported C$0.08 EPS for the quarter, beating the consensus estimate of C$0.02 by C$0.06. IAMGOLD had a return on equity of 4.36% and a net margin of 9.55%. The firm had revenue of C$405.19 million during the quarter.
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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