Iamgold Corporation Company Profile (NYSE:IAG)

About Iamgold Corporation (NYSE:IAG)

Iamgold Corporation logoIAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents. The Company's gold mine segment is divided into geographic segments, such as Burkina Faso - Essakane mine; Suriname-Rosebel mine; Canada-Doyon division, which includes the Westwood mine and the Doyon mine, and Joint ventures (Mali)-Sadiola mine (41%) and Yatela mine (40%). The Company's non-gold segments are divided into Exploration and evaluation, and Corporate, which includes royalty interests located in Canada and investments in associates and joint ventures. In Canada, the Company owns the Westwood mine in Quebec and the Cote Gold project, a development project located in Ontario.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Gold Mining
  • Sub-Industry: N/A
  • Symbol: NYSE:IAG
  • CUSIP: N/A
  • Web: www.iamgold.com
Capitalization:
  • Market Cap: $2.3235 billion
  • Outstanding Shares: 464,700,000
Average Prices:
  • 50 Day Moving Avg: $5.09
  • 200 Day Moving Avg: $4.46
  • 52 Week Range: $3.14 - $5.87
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 55.56
Sales & Book Value:
  • Annual Revenue: $1.03 billion
  • Price / Sales: 2.26
  • Book Value: $4.84 per share
  • Price / Book: 1.04
Profitability:
  • EBIDTA: $330.3 million
  • Net Margins: -1.80%
  • Return on Equity: 1.63%
  • Return on Assets: 1.03%
Debt:
  • Debt-to-Equity Ratio: 0.17%
  • Current Ratio: 2.02%
  • Quick Ratio: 1.73%
Misc:
  • Average Volume: 6.97 million shs.
  • Beta: -0.33
  • Short Ratio: 0.75
 
Frequently Asked Questions for Iamgold Corporation (NYSE:IAG)

What is Iamgold Corporation's stock symbol?

Iamgold Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "IAG."

How were Iamgold Corporation's earnings last quarter?

Iamgold Corporation (NYSE:IAG) released its quarterly earnings data on Tuesday, May, 9th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.02. The company earned $260.50 million during the quarter, compared to the consensus estimate of $264.54 million. Iamgold Corporation had a negative net margin of 1.80% and a positive return on equity of 1.63%. Iamgold Corporation's revenue for the quarter was up 18.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.02) earnings per share. View Iamgold Corporation's Earnings History.

Where is Iamgold Corporation's stock going? Where will Iamgold Corporation's stock price be in 2017?

8 analysts have issued twelve-month price objectives for Iamgold Corporation's stock. Their predictions range from $5.00 to $6.00. On average, they anticipate Iamgold Corporation's stock price to reach $5.75 in the next year. View Analyst Ratings for Iamgold Corporation.

What are analysts saying about Iamgold Corporation stock?

Here are some recent quotes from research analysts about Iamgold Corporation stock:

  • 1. According to Zacks Investment Research, "IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine. Both are located in Mali, West Africa. Measured and indicated resources at Sadiola and Yatela are 5.5 million ounces of gold (including reserves of 5.2 million ounces). Inferred resources are 5.9 million ounces. IAMGOLD is actively exploring highly prospective ground in Africa and South America. " (7/18/2017)
  • 2. BMO Capital Markets analysts commented, "We are initiating coverage of IAMGOLD (IAG-NYSE) with a Market Perform rating and $4.75 target price. Despite a stable production profile, optionality to growth, relative balance sheet strength and improving track record, IAG appears fully valued relative to peers at current gold prices. A short reserve life and high costs relative to peers influence our view. For those investors with a positive outlook on gold, IAG provides above-average liquidity and leverage relative to peers." (2/6/2017)

Are investors shorting Iamgold Corporation?

Iamgold Corporation saw a decline in short interest in June. As of June 30th, there was short interest totalling 6,065,656 shares, a decline of 44.0% from the June 15th total of 10,834,280 shares. Based on an average daily volume of 6,422,427 shares, the short-interest ratio is presently 0.9 days. Approximately 1.4% of the shares of the company are short sold.

Who are some of Iamgold Corporation's key competitors?

Who are Iamgold Corporation's key executives?

Iamgold Corporation's management team includes the folowing people:

  • Donald K. Charter, Independent Chairman of the Board
  • Stephen Joseph James Letwin, President, Chief Executive Officer, Executive Director
  • Carol T. Banducci, Chief Financial Officer, Executive Vice President
  • P. Gordon Stothart, Chief Operating Officer, Executive Vice President
  • Jeffery A. Snow, Senior Vice President - Business Development, General Counsel
  • Benjamin R. Little, Senior Vice President - Corporate Affairs, HSS & People
  • Craig S. MacDougall, Senior Vice President - Exploration
  • Sybil Elsa Veenman, Director
  • John Edward Caldwell, Independent Director
  • Richard James Hall, Independent Director

Who owns Iamgold Corporation stock?

Iamgold Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hexavest Inc. (0.74%), Adams Asset Advisors LLC (0.08%), Russell Investments Group Ltd. (0.07%), DORCHESTER WEALTH MANAGEMENT Co (0.03%), ICM Asset Management Inc. WA (0.03%) and Bennicas & Associates Inc. (0.02%). View Institutional Ownership Trends for Iamgold Corporation.

Who sold Iamgold Corporation stock? Who is selling Iamgold Corporation stock?

Iamgold Corporation's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Creative Planning, ICM Asset Management Inc. WA and DORCHESTER WEALTH MANAGEMENT Co. View Insider Buying and Selling for Iamgold Corporation.

Who bought Iamgold Corporation stock? Who is buying Iamgold Corporation stock?

Iamgold Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Hexavest Inc., Virtu Financial LLC, Acadian Asset Management LLC and Sprott Inc.. View Insider Buying and Selling for Iamgold Corporation.

How do I buy Iamgold Corporation stock?

Shares of Iamgold Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Iamgold Corporation's stock price today?

One share of Iamgold Corporation stock can currently be purchased for approximately $5.01.


MarketBeat Community Rating for Iamgold Corporation (NYSE IAG)
Community Ranking:  1.4 out of 5 ()
Outperform Votes:  155 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  566
MarketBeat's community ratings are surveys of what our community members think about Iamgold Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Iamgold Corporation (NYSE:IAG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $5.75 (14.77% upside)

Analysts' Ratings History for Iamgold Corporation (NYSE:IAG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/18/2017Credit Suisse GroupSet Price TargetHold$6.00LowView Rating Details
7/12/2017Royal Bank Of CanadaReiterated RatingNeutral -> HoldLowView Rating Details
6/15/2017Raymond James Financial, Inc.Reiterated RatingMarket Perform$6.00LowView Rating Details
6/8/2017ScotiabankBoost Price TargetSector Perform$5.25 -> $5.75HighView Rating Details
6/6/2017BMO Capital MarketsSet Price TargetHold$5.00LowView Rating Details
5/23/2017Bank of America CorporationUpgradeUnderperform -> NeutralHighView Rating Details
5/14/2017National Bank FinancialReiterated RatingOutperform Market WeightHighView Rating Details
11/8/2016TD SecuritiesUpgradeHold -> BuyN/AView Rating Details
10/19/2016Canaccord GenuityUpgradeHold -> BuyN/AView Rating Details
7/18/2016Paradigm CapitalUpgradeHold -> BuyN/AView Rating Details
6/27/2016CIBCUpgradeSector Underperform -> Sector PerformN/AView Rating Details
5/18/2016Howard WeilDowngradeSector Perform -> UnderperformN/AView Rating Details
5/5/2016MacquarieUpgradeUnderperform -> NeutralN/AView Rating Details
2/19/2016MackieDowngradeHold -> Sell$2.00 -> $2.50N/AView Rating Details
2/12/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralN/AView Rating Details
1/14/2016Barclays PLCLower Price Target$2.00 -> $1.50N/AView Rating Details
11/25/2015Morgan StanleyInitiated CoverageUnderweight$1.35N/AView Rating Details
11/24/2015HSBC Holdings plcUpgradeReduce -> HoldN/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Iamgold Corporation (NYSE:IAG)
Earnings by Quarter for Iamgold Corporation (NYSE:IAG)
Earnings History by Quarter for Iamgold Corporation (NYSE IAG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/20173/31/2017($0.01)$0.01$264.54 million$260.50 millionViewListenView Earnings Details
2/22/2017Q416$0.01$0.01$248.31 million$252.50 millionViewN/AView Earnings Details
11/7/2016Q316$0.02$0.05$258.10 million$282.40 millionViewListenView Earnings Details
8/3/2016Q216($0.02)$0.01$245.68 million$232.50 millionViewN/AView Earnings Details
5/3/2016Q116($0.06)($0.02)$224.24 million$219.70 millionViewN/AView Earnings Details
2/17/2016Q415($0.11)($0.16)$218.58 million$238.20 millionViewListenView Earnings Details
11/3/2015Q315($0.09)($0.12)$215.30 million$207.60 millionViewN/AView Earnings Details
8/5/2015Q215($0.06)($0.08)$237.63 million$226.50 millionViewN/AView Earnings Details
5/5/2015Q115($0.05)($0.07)$246.90 million$244.70 millionViewN/AView Earnings Details
2/18/2015Q414$0.01$0.03$316.50 million$272.50 millionViewN/AView Earnings Details
8/13/2014Q214$0.02$0.02$274.57 million$288.60 millionViewN/AView Earnings Details
5/6/2014Q114$0.02$0.03$278.78 million$279.30 millionViewN/AView Earnings Details
2/19/2014Q413$0.04$0.05$277.00 million$247.20 millionViewN/AView Earnings Details
11/5/2013Q313$0.07$0.07$346.24 million$293.50 millionViewN/AView Earnings Details
8/12/2013Q2 2013$0.09$0.08$323.62 million$301.10 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.14$0.15$381.28 million$305.30 millionViewN/AView Earnings Details
2/20/2013$0.25$0.24$458.30 million$468.40 millionViewN/AView Earnings Details
11/13/2012Q312$0.25$0.16$427.95 million$386.80 millionViewN/AView Earnings Details
2/23/2012$0.34$0.29ViewN/AView Earnings Details
11/8/2011$0.32$0.30ViewN/AView Earnings Details
5/12/2011$0.31$0.36ViewN/AView Earnings Details
2/24/2011$0.29$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Iamgold Corporation (NYSE:IAG)
2017 EPS Consensus Estimate: ($0.07)
2018 EPS Consensus Estimate: $0.08
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20172($0.03)($0.02)($0.03)
Q3 20172($0.02)($0.02)($0.02)
Q4 20172($0.02)($0.02)($0.02)
Q1 20181$0.02$0.02$0.02
Q2 20181$0.02$0.02$0.02
Q3 20181$0.02$0.02$0.02
Q4 20181$0.02$0.02$0.02
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Iamgold Corporation (NYSE:IAG)
Most Recent Dividend:7/12/2013
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Iamgold Corporation (NYSE:IAG)

Dividend History by Quarter for Iamgold Corporation (NYSE IAG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/5/2013semiannual$0.134.55%7/1/20137/3/20137/12/2013
12/11/2012semiannual$0.132.23%12/19/201212/21/20121/7/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Iamgold Corporation (NYSE:IAG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Iamgold Corporation (NYSE:IAG)
Latest Headlines for Iamgold Corporation (NYSE:IAG)
Source:
DateHeadline
finance.yahoo.com logoIs This The Next Gold Major?
finance.yahoo.com - July 24 at 11:19 PM
finance.yahoo.com logoWhat's in Store for Freeport (FCX) this Earnings Season?
finance.yahoo.com - July 21 at 4:12 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) PT Set at $6.00 by Credit Suisse Group
www.americanbankingnews.com - July 20 at 12:58 AM
finance.yahoo.com logoThe Latest Upgrades and Downgrades for Intermediate Miners
finance.yahoo.com - July 19 at 8:16 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Sees Significant Drop in Short Interest
www.americanbankingnews.com - July 19 at 8:51 AM
americanbankingnews.com logoReviewing Newmont Mining Corporation (NEM) & Iamgold Corporation (NYSE:IAG)
www.americanbankingnews.com - July 18 at 1:17 PM
americanbankingnews.com logoReviewing Iamgold Corporation (NYSE:IAG) & Pershing Gold Corporation (PGLC)
www.americanbankingnews.com - July 18 at 1:16 PM
americanbankingnews.com logoIamgold Corporation (IAG) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - July 18 at 12:56 AM
seekingalpha.com logoIAMGOLD Makes A Major Discovery - Seeking Alpha
seekingalpha.com - July 14 at 3:10 AM
finance.yahoo.com logoIAMGOLD Announces Dates For Its Second Quarter 2017 Results
finance.yahoo.com - July 13 at 2:58 AM
americanbankingnews.com logo Analysts Anticipate Iamgold Corporation (NYSE:IAG) Will Announce Earnings of -$0.02 Per Share
www.americanbankingnews.com - July 12 at 2:30 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 11 at 5:36 PM
prnewswire.com logoTechnical Research on Gold Equities -- Kinross Gold, Gold Fields, Goldcorp, and IAMGOLD
www.prnewswire.com - July 7 at 6:20 AM
finance.yahoo.com logoIAMGOLD Reports Further High Grade Results from the Monster Lake Project, Quebec
finance.yahoo.com - July 7 at 6:20 AM
americanbankingnews.com logoReviewing Kinross Gold Corporation (KGC) & Iamgold Corporation (IAG)
www.americanbankingnews.com - July 6 at 10:08 AM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 1 at 12:14 AM
americanbankingnews.com logoFinancial Review: Iamgold Corporation (IAG) vs. Sandstorm Gold (SAND)
www.americanbankingnews.com - June 30 at 8:30 PM
finance.yahoo.com logo6 Reasons that Make Iamgold (IAG) an Attractive Pick Now
finance.yahoo.com - June 28 at 7:14 PM
americanbankingnews.com logoIamgold Corporation (IAG) versus Kinross Gold Corporation (KGC) Head-To-Head Survey
www.americanbankingnews.com - June 26 at 10:03 PM
nasdaq.com logoBull of the Day: Iamgold Corp (IAG) - Nasdaq
www.nasdaq.com - June 26 at 7:34 PM
seekingalpha.com logoIAMGold - The Cote Gold Project Is A Waste Of Money
seekingalpha.com - June 23 at 4:28 AM
finance.yahoo.com logoIamgold, Sumitomo Metal Close Cote Gold Joint Venture Deal
finance.yahoo.com - June 23 at 4:28 AM
finance.yahoo.com logoZacks.com featured highlights: TiVo, IAMGOLD, Guess, SeaChange International and P.A.M. Transportation Services
finance.yahoo.com - June 21 at 3:27 PM
finance.yahoo.com logoIAMGOLD Successfully Closes Transaction with Sumitomo Metal Mining for the Development of Côté Gold
finance.yahoo.com - June 20 at 6:37 PM
finance.yahoo.com logoIamgold Is Climbing Again
finance.yahoo.com - June 19 at 12:31 PM
finance.yahoo.com logoIAMGOLD Reports Final Assay Results from the Recently Completed Delineation Drilling Program on the Saramacca Project, Suriname
finance.yahoo.com - June 16 at 6:38 PM
americanbankingnews.com logoIamgold Corporation (IAG) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 16 at 3:04 PM
americanbankingnews.com logoZacks: Analysts Anticipate Iamgold Corporation (IAG) Will Announce Earnings of -$0.02 Per Share
www.americanbankingnews.com - June 16 at 2:20 PM
americanbankingnews.com logoIamgold Corporation (IAG) Given a $6.00 Price Target by Credit Suisse Group Analysts
www.americanbankingnews.com - June 15 at 2:32 PM
americanbankingnews.com logoRaymond James Financial, Inc. Reaffirms Market Perform Rating for Iamgold Corporation (IAG)
www.americanbankingnews.com - June 15 at 10:56 AM
americanbankingnews.com logoIAMGOLD Corp (IAG) Rating Increased to Hold at BidAskClub
www.americanbankingnews.com - June 10 at 8:38 AM
americanbankingnews.com logoIAMGOLD Corp (IAG) Expected to Earn FY2018 Earnings of ($0.19) Per Share
www.americanbankingnews.com - June 9 at 1:08 PM
finance.yahoo.com logoIamgold Completes C?t? Gold Project Prefeasibility Study
finance.yahoo.com - June 8 at 6:47 PM
americanbankingnews.com logoIAMGOLD Corp (IAG) Price Target Raised to $5.75 at Scotiabank
www.americanbankingnews.com - June 8 at 2:16 PM
americanbankingnews.com logoIAMGOLD Corp (IAG) PT Raised to $6.00
www.americanbankingnews.com - June 8 at 2:16 PM
americanbankingnews.com logoIAMGOLD Corp (IAG) Given a $5.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - June 7 at 7:18 PM
finance.yahoo.com logoIamgold (IAG) Inks Strategic JV Agreement with Sumitomo
finance.yahoo.com - June 7 at 5:23 PM
americanbankingnews.com logoIAMGOLD Corp (IAG) Receives "Hold" Rating from Credit Suisse Group AG
www.americanbankingnews.com - June 7 at 8:18 AM
finance.yahoo.com logoIAMGOLD Strikes $195 Million Deal for New Gold Mine
finance.yahoo.com - June 6 at 11:22 PM
americanbankingnews.com logoFinancial Survey: AngloGold Ashanti Limited (AU) versus IAMGOLD Corp (IAG)
www.americanbankingnews.com - June 6 at 8:17 PM
finance.yahoo.com logoIamgold Reports More Good Results From Drilling in Senegal
finance.yahoo.com - June 2 at 7:11 PM
finance.yahoo.com logoIAMGOLD Updates Diamond Drilling Results on its Advanced Boto Exploration Project, Senegal
finance.yahoo.com - May 31 at 5:46 PM
finance.yahoo.com logoBritish Airways says it's back to a full flight schedule
finance.yahoo.com - May 30 at 5:40 PM
finance.yahoo.com logoEvent Study on Iamgold's 1st-Quarter Earnings Announcement
finance.yahoo.com - May 25 at 3:44 AM
americanbankingnews.com logoIAMGOLD Corp (IAG) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - May 23 at 5:04 PM
finance.yahoo.com logoCautious start to trade in U.K. stocks after suspected terror attack in Manchester
finance.yahoo.com - May 23 at 11:23 AM
americanbankingnews.com logoIAMGOLD Corp (IAG) Upgraded to Neutral by Bank of America Corp
www.americanbankingnews.com - May 23 at 11:16 AM
finance.yahoo.com logoETFs with exposure to IAMGOLD Corp. : May 22, 2017
finance.yahoo.com - May 22 at 5:19 PM
americanbankingnews.com logoIAMGOLD Corp (IAG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 22 at 2:17 PM
finance.yahoo.com logoIAMGOLD Corp. :IAG-US: Earnings Analysis: Q1, 2017 By the Numbers : May 19, 2017
finance.yahoo.com - May 19 at 5:33 PM

Social

Chart

Iamgold Corporation (IAG) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff