IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. It also explores for copper and silver. The company owns interests in the Rosebel gold mine located in north eastern Suriname, South America; the Essakane gold mine in north-eastern Burkina Faso, West Africa; the Westwood gold mine in southwestern Québec, Canada; and the Sadiola Gold Mine located in southwest Mali, West Africa. It holds interests in various other projects, including the Boto gold project in Senegal; the Pitangui project in Brazil; the Siribaya project in Mali; the Loma Larga project in southern Ecuador; and the Eastern Borosi project in Northeast Nicaragua. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Industry, Sector and Symbol
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:IAG
CUSIPN/A
Phone416-360-4710
Debt
Debt-to-Equity Ratio0.14
Current Ratio4.62
Quick Ratio3.83
Price-To-Earnings
Trailing P/E Ratio97.50
Forward P/E Ratio32.50
P/E Growth10.83
Sales & Book Value
Annual Sales$1.09 billion
Price / Sales2.49
Cash Flow$0.6338 per share
Price / Cash9.23
Book Value$6.11 per share
Price / Book0.96
Profitability
EPS (Most Recent Fiscal Year)$0.06
Net Income$501.60 million
Net Margins48.91%
Return on Equity2.27%
Return on Assets1.63%
Miscellaneous
Employees4,780
Outstanding Shares466,440,000
IAMGOLD (NYSE:IAG) Frequently Asked Questions
What is IAMGOLD's stock symbol?
IAMGOLD trades on the New York Stock Exchange (NYSE) under the ticker symbol "IAG."
How were IAMGOLD's earnings last quarter?
IAMGOLD Corp (NYSE:IAG) released its earnings results on Monday, May, 7th. The mining company reported $0.09 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.06. The mining company had revenue of $314.50 million for the quarter, compared to analyst estimates of $291.41 million. IAMGOLD had a net margin of 48.91% and a return on equity of 2.27%. The firm's quarterly revenue was up 20.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.01 EPS. View IAMGOLD's Earnings History.
When is IAMGOLD's next earnings date?
What price target have analysts set for IAG?
9 brokerages have issued 12 month price targets for IAMGOLD's stock. Their predictions range from $6.00 to $8.07. On average, they expect IAMGOLD's stock price to reach $7.2588 in the next year. View Analyst Ratings for IAMGOLD.
Are investors shorting IAMGOLD?
IAMGOLD saw a decline in short interest during the month of May. As of May 15th, there was short interest totalling 3,612,819 shares, a decline of 36.6% from the April 30th total of 5,694,958 shares. Based on an average daily volume of 3,677,573 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.8% of the company's stock are short sold.
Who are some of IAMGOLD's key competitors?
Some companies that are related to IAMGOLD include Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Randgold Resources (GOLD), Kinross Gold (KGC), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Gold Fields (GFI), Yamana Gold (AUY), Pan American Silver (PAAS), Alamos Gold (AGI), Tahoe Resources (TAHO), Osisko gold royalties (OR), Coeur Mining (CDE), First Majestic Silver (AG) and Eldorado Gold (EGO).
Who are IAMGOLD's key executives?
IAMGOLD's management team includes the folowing people:
- Mr. Stephen Joseph James Letwin, Pres, CEO & Director (Age 62)
- Ms. Carol T. Banducci, Exec. VP & CFO (Age 59)
- Mr. Peter Gordon Stothart, Exec. VP & COO
- Mr. Jeffery A. Snow, Gen. Counsel & Sr. VP of Bus. Devel.
- Mr. Craig Stephen MacDougall M.Sc., B.Sc. (Hons), P.Geo., Sr. VP of Exploration (Age 55)
Has IAMGOLD been receiving favorable news coverage?
News stories about IAG stock have trended somewhat positive recently, according to Accern Sentiment. The research firm rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. IAMGOLD earned a media sentiment score of 0.15 on Accern's scale. They also assigned headlines about the mining company an impact score of 46.46 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are IAMGOLD's major shareholders?
IAMGOLD's stock is owned by a number of of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (13.11%), Donald Smith & CO. Inc. (8.72%), Royal Bank of Canada (1.53%), Franklin Resources Inc. (1.19%), Millennium Management LLC (0.77%) and Contrarius Investment Management Ltd (0.62%). View Institutional Ownership Trends for IAMGOLD.
Which major investors are selling IAMGOLD stock?
IAG stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Heartland Advisors Inc., Commerzbank Aktiengesellschaft FI, Alps Advisors Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH, JPMorgan Chase & Co. and Legal & General Group Plc. View Insider Buying and Selling for IAMGOLD.
Which major investors are buying IAMGOLD stock?
IAG stock was purchased by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Millennium Management LLC, Toronto Dominion Bank, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Contrarius Investment Management Ltd, Van ECK Associates Corp, Russell Investments Group Ltd. and Cubist Systematic Strategies LLC. View Insider Buying and Selling for IAMGOLD.
How do I buy shares of IAMGOLD?
Shares of IAG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is IAMGOLD's stock price today?
One share of IAG stock can currently be purchased for approximately $5.85.
How big of a company is IAMGOLD?
IAMGOLD has a market capitalization of $2.73 billion and generates $1.09 billion in revenue each year. The mining company earns $501.60 million in net income (profit) each year or $0.06 on an earnings per share basis. IAMGOLD employs 4,780 workers across the globe.
How can I contact IAMGOLD?
IAMGOLD's mailing address is 401 BAY STREET SUITE 3200, TORONTO A6, M5H 2Y4. The mining company can be reached via phone at 416-360-4710 or via email at [email protected]
MarketBeat Community Rating for IAMGOLD (IAG)
MarketBeat's community ratings are surveys of what our community members think about IAMGOLD and other stocks. Vote "Outperform" if you believe IAG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IAG will underperform the S&P 500 over the long term. You may vote once every thirty days.
