IAMGOLD (IAG) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for IAMGOLD in the last year. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" IAG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IAG, but not buy additional shares or sell existing shares.
View IAG analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued twelve-month price targets for IAMGOLD's stock. Their IAG share price forecasts range from $1.65 to $5.50. On average, they expect the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 28.8% from the stock's current price.
View analysts price targets for IAG or view top-rated stocks among Wall Street analysts.

IAMGOLD's stock was trading at $2.58 at the beginning of the year. Since then, IAG shares have decreased by 9.7% and is now trading at $2.33.
View the best growth stocks for 2023 here.

IAMGOLD saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,490,000 shares, an increase of 11.6% from the August 15th total of 7,610,000 shares. Based on an average trading volume of 2,930,000 shares, the short-interest ratio is presently 2.9 days. Approximately 1.8% of the company's shares are sold short.
View IAMGOLD's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our IAG earnings forecast.

IAMGOLD Co. (NYSE:IAG) issued its quarterly earnings data on Friday, August, 11th. The mining company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. The mining company earned $238.80 million during the quarter. IAMGOLD had a negative trailing twelve-month return on equity of 0.05% and a net margin of 1.99%. During the same quarter last year, the company posted ($0.01) earnings per share.

87 employees have rated IAMGOLD Chief Executive Officer Peter Harmer on Glassdoor.com. Peter Harmer has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other IAMGOLD investors own include IAMGOLD (IMG), Mega Uranium (MGA), Kinross Gold (KGC), B2Gold (BTG), Barrick Gold (GOLD), Yamana Gold (AUY), General Motors (GM), Newmont (NEM), Eldorado Gold (EGO) and First Majestic Silver (AG).

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

IAMGOLD's stock is owned by many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (9.35%), Donald Smith & CO. Inc. (6.52%), Kopernik Global Investors LLC (3.72%), Renaissance Technologies LLC (3.37%), Polunin Capital Partners Ltd (2.15%) and P Schoenfeld Asset Management LP (1.64%).
View institutional ownership trends.

Shares of IAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of IAG stock can currently be purchased for approximately $2.33.

IAMGOLD (NYSE:IAG) has a market capitalization of $1.12 billion and generates $958.80 million in revenue each year. The mining company earns $-70,100,000.00 in net income (profit) each year or $0.03 on an earnings per share basis.

The company employs 5,065 workers across the globe.

IAMGOLD's mailing address is 401 BAY STREET SUITE 3200, TORONTO A6, M5H 2Y4. The official website for the company is www.iamgold.com. The mining company can be reached via phone at (416) 360-4710, via email at nfo@iamgold.com, or via fax at 416-360-4750.