Iamgold Corporation Company Profile (NYSE:IAG)

About Iamgold Corporation

Iamgold Corporation logoIAMGOLD Corporation (IAMGOLD) is engaged in the exploration, development and production of mineral resource properties across the world. Through its holdings, IAMGOLD has interests in various operations and exploration properties, as well as various royalty interests on mineral resource properties. All gold produced by IAMGOLD is in the form of dore bars, which is sold to gold refineries in North America and Europe. The Company's mining activities in Canada include Doyon Division with Westwood Mine in Quebec and Cote Gold Project development project in Ontario. Its mining activities in Africa include Burkina Faso- Essakane mine and Mali - Sadiola Mine, and in South America include Suriname - Rosebel Mine. In addition to the mine site and development programs, the Company also conducts greenfields exploration program on selected projects in West Africa and the Americas.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Gold
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: IAG
  • CUSIP:
Key Metrics:
  • Previous Close: $4.32
  • 50 Day Moving Average: $4.61
  • 200 Day Moving Average: $4.13
  • 52-Week Range: $1.95 - $5.87
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -216.00
  • P/E Growth: 49.56
  • Market Cap: $1.95B
  • Outstanding Shares: 450,700,000
  • Beta: -0.01
Profitability:
  • Net Margins: -63.53%
  • Return on Equity: -2.05%
  • Return on Assets: -1.28%
Debt:
  • Debt-to-Equity Ratio: 0.21%
  • Current Ratio: 5.03%
  • Quick Ratio: 3.98%
Additional Links:
Companies Related to Iamgold Corporation:

Analyst Ratings

Consensus Ratings for Iamgold Corporation (NYSE:IAG) (?)
Ratings Breakdown: 3 Sell Ratings, 5 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $4.59 (6.32% upside)

Analysts' Ratings History for Iamgold Corporation (NYSE:IAG)
Show:
DateFirmActionRatingPrice TargetDetails
2/6/2017BMO Capital MarketsInitiated CoverageMarket Perform$4.75View Rating Details
1/13/2017Credit Suisse GroupDowngradeNeutral -> UnderperformView Rating Details
1/11/2017ScotiabankDowngradeSector Perform -> UnderperformView Rating Details
1/4/2017RBC Capital MarketsReiterated RatingHold$5.00View Rating Details
11/8/2016TD SecuritiesUpgradeHold -> BuyView Rating Details
10/19/2016National Bank FinancialUpgradeSector Perform -> OutperformView Rating Details
10/19/2016Canaccord GenuityUpgradeHold -> BuyView Rating Details
8/8/2016Royal Bank Of CanadaUpgradeUnderperform -> Sector Perform$5.50 -> $6.50View Rating Details
7/18/2016Paradigm CapitalUpgradeHold -> BuyView Rating Details
6/27/2016CIBCUpgradeSector Underperform -> Sector PerformView Rating Details
5/18/2016Howard WeilDowngradeSector Perform -> UnderperformView Rating Details
5/5/2016MacquarieUpgradeUnderperform -> NeutralView Rating Details
3/14/2016Raymond James Financial, Inc.Boost Price Target$1.50 -> $2.75View Rating Details
2/19/2016MackieDowngradeHold -> Sell$2.00 -> $2.50View Rating Details
2/12/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralView Rating Details
1/14/2016Barclays PLCLower Price Target$2.00 -> $1.50View Rating Details
11/25/2015Morgan StanleyInitiated CoverageUnderweight$1.35View Rating Details
11/24/2015HSBC Holdings plcUpgradeReduce -> HoldView Rating Details
7/10/2015Roth CapitalReiterated RatingBuyView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Iamgold Corporation (NYSE:IAG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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($0.04)($0.07)$246.90 million$244.70 millionViewN/AView Earnings Details
2/18/2015Q414$0.93$1.11$316.50 million$272.50 millionViewN/AView Earnings Details
8/13/2014Q214$0.03$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)
Current Year EPS Consensus Estimate: $0.03 EPS
Next Year EPS Consensus Estimate: $-0.02 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.08)($0.07)($0.08)
Q2 20161($0.08)($0.08)($0.08)
Q3 20162($0.08)$0.00($0.04)
Q4 20162($0.07)$0.00($0.04)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Iamgold Corporation (NYSE:IAG)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)

Dividend History 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

Latest Headlines for Iamgold Corporation (NYSE:IAG)
DateHeadline
News IconIAMGOLD Corporation (NYSE:IAG) earnings expectations (NYSE:IAG)
cloudhostinghq.net - February 23 at 10:49 PM
News IconWhich way IAMGOLD Corporation (NYSE:IAG) earning numbers may go (NYSE:IAG)
fairydetox.org - February 23 at 10:49 PM
finance.yahoo.com logo5:30 pm IAMGOLD ticking lower after confirming the death of an employee this morning at its Westwood Mine in Quebec (NYSE:IAG)
finance.yahoo.com - February 23 at 10:49 PM
News IconWill IAMGOLD Corp. (NYSE:IAG) be Surging after Earnings Report? (NYSE:IAG)
mundoaguaysaneamiento.net - February 23 at 5:48 PM
sg.finance.yahoo.com logoIamgold reports 4Q loss (NYSE:IAG)
us.rd.yahoo.com - February 23 at 5:48 PM
us.rd.yahoo.com logoIAMGOLD Form 40-F Filed on EDGAR; AIF Filed on SEDAR (NYSE:IAG)
us.rd.yahoo.com - February 23 at 5:48 PM
us.rd.yahoo.com logoIamgold Reports 2016 Results (NYSE:IAG)
us.rd.yahoo.com - February 23 at 5:48 PM
finance.yahoo.com logoFatality at Westwood (NYSE:IAG)
finance.yahoo.com - February 23 at 5:48 PM
News IconWhat is the Fate of IAMGOLD Corp. (NYSE:IAG) After Earnings? (NYSE:IAG)
oakridgeobserver.com - February 22 at 10:59 PM
streetinsider.com logoIAMGOLD Corp. (IAG) Announces 2016 Year-End Mineral Reserve (NYSE:IAG)
www.streetinsider.com - February 22 at 10:59 PM
us.rd.yahoo.com logoIAMGOLD Reports 2016 Reserves of 7.8 Million Ounces and Measured and Indicated Resources of 23.3 Million Ounces (NYSE:IAG)
us.rd.yahoo.com - February 22 at 10:59 PM
finance.yahoo.com logoIamgold (IAG) Beats Q4 Earnings, Increases 2016 Operating Cash Flow by 721% (NYSE:IAG)
finance.yahoo.com - February 22 at 10:59 PM
News IconIamgold Corporation (NYSE:IAG) Price Target Expected At $4.798 - Transcript Daily (NYSE:IAG)
transcriptdaily.com - February 22 at 5:57 PM
streetinsider.com logoIAMGOLD Corp. (IAG) Announces 2016 Year-End Mineral Reserve - StreetInsider.com (NYSE:IAG)
www.streetinsider.com - February 22 at 5:57 PM
finance.yahoo.com logoIAMGOLD Reports Strong Operating Cash Flow, Up $276 Million (721%) in 2016 (NYSE:IAG)
finance.yahoo.com - February 22 at 5:57 PM
nasdaq.com logoSee How IAMGold Corp Ranks Among Analysts' Top Metals Picks (NYSE:IAG)
www.nasdaq.com - February 22 at 12:46 PM
News IconDividend Growth of Iamgold Corporation(IAG) (NYSE:IAG)
prensariotiretail.com - February 18 at 5:47 AM
News IconTrading Notes on IAMGOLD Corporation (NYSE:IAG): Active Stock Recap - Winfield Review (NYSE:IAG)
winfieldreview.com - February 17 at 3:17 PM
News IconIs The Sell-Side Predicting That Iamgold Corporation (NYSE:IAG) Will Move Higher? - Winfield Review (NYSE:IAG)
winfieldreview.com - February 17 at 3:17 PM
News IconImpact of Brokerage Rating on Iamgold Corporation(IAG) - Highland Mirror (NYSE:IAG)
www.highlandmirror.com - February 17 at 3:17 PM
marketrealist.com logoHow Precious Metals Rose on a Falling US Dollar (NYSE:IAG)
marketrealist.com - February 17 at 3:17 PM
News IconShares of Iamgold Corporation (IAG) Sees Large Inflow of Net Money Flow (NYSE:IAG)
xboxonezone.com - February 14 at 7:08 PM
News IconInvestor's Alert: IAMGOLD Corp. (NYSE:IAG), Wal-Mart Stores Inc ... - The Newburgh Press (NYSE:IAG)
newburghpress.com - February 14 at 4:51 AM
News IconNotable Stock in Focus: IAMGOLD Corporation (NYSE:IAG) - Winfield Review (NYSE:IAG)
winfieldreview.com - February 14 at 4:51 AM
News IconShares of Iamgold Corporation (IAG) Sees Large Inflow of Net Money Flow - Highland Mirror (NYSE:IAG)
www.highlandmirror.com - February 14 at 4:51 AM
News IconTrump Immigration Order Dealt More Setbacks By US Courts (NYSE:IAG)
fairydetox.org - February 13 at 11:50 PM
us.rd.yahoo.com logoIAMGOLD Provides Update on Drilling Results From the 2016 Exploration Program on the Saramacca Project, Suriname (NYSE:IAG)
us.rd.yahoo.com - February 13 at 6:50 PM
News IconIamgold Corporation (NYSE:IAG) Insider Trading Update - The Newburgh Press (NYSE:IAG)
newburghpress.com - February 11 at 4:33 AM
News IconIAMGOLD Files Previously Announced Preliminary Economic Assessment for the Côté Gold Project (IAMGOLD Corporation) (NYSE:IAG)
www.newsoneplace.com - February 10 at 11:32 PM
us.rd.yahoo.com logo2 Mining Stocks Likely to Beat Estimates in Q4 Earnings (NYSE:IAG)
us.rd.yahoo.com - February 10 at 6:32 PM
finance.yahoo.com logoIAMGOLD Files Previously Announced Preliminary Economic Assessment for the Côté Gold Project (NYSE:IAG)
finance.yahoo.com - February 10 at 6:32 PM
4-traders.com logoIAMGOLD : Gold Prices Surge Due to Inflation (NYSE:IAG)
www.4-traders.com - February 9 at 6:41 PM
marketrealist.com logoIAMGOLD in 4Q16: Cost Reduction on Investors’ Minds (NYSE:IAG)
marketrealist.com - February 8 at 6:30 PM
marketrealist.com logoNew Gold’s Rainy River Project: What Can We Expect? (NYSE:IAG)
marketrealist.com - February 8 at 6:30 PM
us.rd.yahoo.com logoIAMGOLD Secures Final Commitments to Its Existing Credit Facility to Total $250 Million (NYSE:IAG)
us.rd.yahoo.com - February 8 at 12:05 AM
us.rd.yahoo.com logo5:04 pm IAMGOLD secures commitments from a syndicate of lenders to its existing revolving credit facility to total $250 million (NYSE:IAG)
us.rd.yahoo.com - February 8 at 12:05 AM
News IconStock Tripped Up Out of The Gate: IAMGOLD Corporation (NYSE:IAG) - Aiken Advocate (NYSE:IAG)
aikenadvocate.com - February 7 at 7:05 PM
finance.yahoo.com logoIamgold Will Not Be Affected if It Misses EPS Expectations (NYSE:IAG)
finance.yahoo.com - February 7 at 7:05 PM
marketrealist.com logoWhy Is Eldorado Gold a Favorite among Intermediate Gold Miners? (NYSE:IAG)
marketrealist.com - February 6 at 5:52 PM
News IconStock Price of Iamgold Corporation (IAG) Increases 5.82 ... - Highland Mirror (NYSE:IAG)
www.highlandmirror.com - February 6 at 10:40 AM
News IconIamgold Corporation (NYSE:IAG) Stock Price Target Given At $4.753 - Transcript Daily (NYSE:IAG)
transcriptdaily.com - February 5 at 10:34 PM
News IconEarnings Forecast Research on Iamgold Corporation (IAG) - Highland Mirror (NYSE:IAG)
www.highlandmirror.com - February 3 at 11:24 PM
News IconConsensus Notes on Iamgold Corporation (NYSE:IAG) (NYSE:IAG)
flapship.com - February 1 at 11:33 PM
News IconEarnings Forecast Research on Iamgold Corporation (IAG) (NYSE:IAG)
prensariotiretail.com - February 1 at 11:33 PM
News IconIamgold Corporation (IAG) Stock Price Increases 0.45% (NYSE:IAG)
larampadinapoli.com - February 1 at 11:33 PM
News IconIamgold Corporation (NYSE:IAG) Price Target Expected At $4.753 - Transcript Daily (NYSE:IAG)
transcriptdaily.com - January 31 at 11:41 PM
seekingalpha.com logoIAMGOLD - Côté Gold Project Spells Future Growth For The Company (NYSE:IAG)
seekingalpha.com - January 30 at 11:02 AM
finance.yahoo.com logoGold Standard (GSV) Looks Good: Stock Adds 7% in Session (NYSE:IAG)
finance.yahoo.com - January 30 at 11:02 AM
News IconStock ABR Of Iamgold Corporation (NYSE:IAG) At 2.33 - Stock Observer (NYSE:IAG)
www.thestockobserver.com - January 29 at 4:03 AM
News IconStock Grabbing Investor's Attention: Iamgold Corporation (NYSE:IAG), FelCor Lodging Trust Incorporated (NYSE:FCH) - The Newburgh Press (NYSE:IAG)
newburghpress.com - January 27 at 7:46 PM

Social

What is Iamgold Corporation's stock symbol?

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

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

12 equities research analysts have issued 12-month price objectives for Iamgold Corporation's stock. Their predictions range from $2.15 to $6.50. On average, they expect Iamgold Corporation's stock price to reach $4.59 in the next year.

What are analysts saying about Iamgold Corporation stock?

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

  • 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. " (2/17/2017)

  • 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)

Who owns Iamgold Corporation stock?

Iamgold Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (18.28%), Donald Smith & Co, Inc (10.01%), Renaissance Technologies LLC (3.78%), Franklin Resources Inc. (0.93%), Paulson & CO. Inc. (0.86%) and Investec Asset Management LTD (0.79%).

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 Commerzbank Aktiengesellschaft FI, Gabelli Funds LLC, Credit Agricole S A, Guggenheim Capital LLC, Pacad Investment Ltd., Public Sector Pension Investment Board and Scotia Capital Inc..

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

Iamgold Corporation's stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Paulson & CO. Inc., Investec Asset Management LTD, Asset Management One Co. Ltd., Renaissance Technologies LLC, Russell Investments Group Ltd., Franklin Resources Inc. and DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main.

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.

How much does a share of Iamgold Corporation stock cost?

One share of Iamgold Corporation stock can currently be purchased for approximately $4.32.

Iamgold Corporation (NYSE:IAG) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Iamgold Corporation (NYSE:IAG)

Earnings History Chart

Earnings by Quarter for Iamgold Corporation (NYSE:IAG)

Dividend History Chart

Dividend Payments by Quarter for Iamgold Corporation (NYSE:IAG)

Last Updated on 2/24/2017 by MarketBeat.com Staff