IAMGOLD (TSE:IMG) Rating Reiterated by National Bank Financial

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IAMGOLD (TSE:IMG - Get Free Report) NYSE: IAG's stock had its "sector perform spec overwgt" rating reaffirmed by equities researchers at National Bank Financial in a note issued to investors on Monday.

Several other research analysts have also recently weighed in on the stock. BMO Capital Markets lowered their price target on shares of IAMGOLD from C$3.50 to C$3.25 and set an "outperform" rating on the stock in a report on Tuesday, December 19th. Bank of America lifted their price target on IAMGOLD from C$4.40 to C$6.20 in a report on Tuesday. Stifel Nicolaus decreased their target price on shares of IAMGOLD from C$3.50 to C$3.00 and set a "hold" rating on the stock in a research report on Friday, January 26th. Finally, National Bankshares upped their target price on IAMGOLD from C$4.00 to C$4.50 and gave the company a "sector perform" rating in a research report on Tuesday, December 19th. Three research 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, IAMGOLD currently has a consensus rating of "Hold" and a consensus price target of C$4.31.

Read Our Latest Report on IMG

IAMGOLD Stock Down 3.1 %

Shares of IAMGOLD stock traded down C$0.16 during trading hours on Monday, reaching C$4.98. 3,064,153 shares of the company's stock were exchanged, compared to its average volume of 1,257,738. 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 company has a 50 day moving average of C$4.03 and a two-hundred day moving average of C$3.52. The stock has a market cap of C$2.47 billion, a P/E ratio of 20.75, a P/E/G ratio of -0.28 and a beta of 1.44. IAMGOLD has a fifty-two week low of C$2.71 and a fifty-two week high of C$5.38.


IAMGOLD (TSE:IMG - Get Free Report) NYSE: IAG last released its quarterly earnings data on Thursday, February 15th. The mining company reported C$0.08 earnings per share for the quarter, topping the consensus estimate 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. On average, sell-side analysts forecast that IAMGOLD will post 0.0746963 EPS for the current fiscal year.

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.

Further Reading

Analyst Recommendations for IAMGOLD (TSE:IMG)

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