IAMGOLD 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: $2.40715 billion
- Outstanding Shares: 464,700,000
Average Prices:- 50 Day Moving Avg: $5.06
- 200 Day Moving Avg: $4.45
- 52 Week Range: $3.14 - $5.87
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 57.44
Sales & Book Value:- Annual Revenue: $1.03 billion
- Price / Sales: 2.34
- Book Value: $4.84 per share
- Price / Book: 1.07
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: 7.09 million shs.
- Beta: -0.33
- Short Ratio: 1.71
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 results on Tuesday, May, 9th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The firm 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%. The company's revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.02) EPS. View Iamgold Corporation's Earnings History.
Where is Iamgold Corporation's stock going? Where will Iamgold Corporation's stock price be in 2017?
8 equities research analysts have issued 1 year price objectives for Iamgold Corporation's stock. Their predictions range from $5.00 to $6.00. On average, they anticipate Iamgold Corporation's share price to reach $5.75 in the next twelve months. 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 decrease in short interest during the month of June. As of June 30th, there was short interest totalling 6,065,656 shares, a decrease 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 currently 0.9 days. Currently, 1.4% of the shares of the company are sold short.
Who are some of Iamgold Corporation's key competitors?
Some companies that are related to Iamgold Corporation include AngloGold Ashanti Limited (AU), Buenaventura Mining Company (BVN), B2Gold Corp (BTG), Centamin PLC (CEY), Eldorado Gold Corporation (EGO), NovaGold Resources (NG), Hochschild Mining Plc (HOC), Sandstorm Gold Ltd (SAND), Acacia Mining PLC (ABG), Acacia Mining PLC (ACA), Sandstorm Gold Ltd (SAND), Gold Standard Ventures Corp (GSV), Klondex Mines Ltd (KLDX), Klondex Mines Ltd (KLDX), Highland Gold Mining Ltd (HGM), Asanko Gold (AKG), Golden Star Resources (GSS) and Petropavlovsk PLC (POG).
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 number of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.74%), Adams Asset Advisors LLC (0.08%), DORCHESTER WEALTH MANAGEMENT Co (0.03%), Bennicas & Associates Inc. (0.02%), Virtu Financial LLC (0.01%) and Creative Planning (0.01%). View Institutional Ownership Trends for Iamgold Corporation.
Who sold Iamgold Corporation stock? Who is selling Iamgold Corporation stock?
Who bought Iamgold Corporation stock? Who is buying Iamgold Corporation stock?
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 $5.18.
MarketBeat Community Rating for Iamgold Corporation (NYSE IAG)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.
Consensus Ratings for Iamgold Corporation (NYSE:IAG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 6 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.25) |
| Consensus Price Target: | $5.75 (11.00% upside) |
Analysts' Ratings History for Iamgold Corporation (NYSE:IAG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/18/2017 | Credit Suisse Group | Set Price Target | Hold | $6.00 | Low |  |
| 7/12/2017 | Royal Bank Of Canada | Reiterated Rating | Neutral -> Hold | | Low | |
| 6/15/2017 | Raymond James Financial, Inc. | Reiterated Rating | Market Perform | $6.00 | Low | |
| 6/8/2017 | Scotiabank | Boost Price Target | Sector Perform | $5.25 -> $5.75 | High | |
| 6/6/2017 | BMO Capital Markets | Set Price Target | Hold | $5.00 | Low | |
| 5/23/2017 | Bank of America Corporation | Upgrade | Underperform -> Neutral | | High | |
| 5/14/2017 | National Bank Financial | Reiterated Rating | Outperform Market Weight | | High | |
| 11/8/2016 | TD Securities | Upgrade | Hold -> Buy | | N/A | |
| 10/19/2016 | Canaccord Genuity | Upgrade | Hold -> Buy | | N/A | |
| 7/18/2016 | Paradigm Capital | Upgrade | Hold -> Buy | | N/A | |
| 6/27/2016 | CIBC | Upgrade | Sector Underperform -> Sector Perform | | N/A | |
| 5/18/2016 | Howard Weil | Downgrade | Sector Perform -> Underperform | | N/A | |
| 5/5/2016 | Macquarie | Upgrade | Underperform -> Neutral | | N/A | |
| 2/19/2016 | Mackie | Downgrade | Hold -> Sell | $2.00 -> $2.50 | N/A | |
| 2/12/2016 | Goldman Sachs Group, Inc. (The) | Upgrade | Sell -> Neutral | | N/A | |
| 1/14/2016 | Barclays PLC | Lower Price Target | | $2.00 -> $1.50 | N/A | |
| 11/25/2015 | Morgan Stanley | Initiated Coverage | Underweight | $1.35 | N/A | |
| 11/24/2015 | HSBC Holdings plc | Upgrade | Reduce -> Hold | | N/A | |
(Data available from 7/23/2015 forward)
Earnings History for Iamgold Corporation (NYSE:IAG)Earnings History by Quarter for Iamgold Corporation (NYSE IAG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/9/2017 | 3/31/2017 | ($0.01) | $0.01 | $264.54 million | $260.50 million | View | Listen | |
| 2/22/2017 | Q416 | $0.01 | $0.01 | $248.31 million | $252.50 million | View | N/A | |
| 11/7/2016 | Q316 | $0.02 | $0.05 | $258.10 million | $282.40 million | View | Listen | |
| 8/3/2016 | Q216 | ($0.02) | $0.01 | $245.68 million | $232.50 million | View | N/A | |
| 5/3/2016 | Q116 | ($0.06) | ($0.02) | $224.24 million | $219.70 million | View | N/A | |
| 2/17/2016 | Q415 | ($0.11) | ($0.16) | $218.58 million | $238.20 million | View | Listen | |
| 11/3/2015 | Q315 | ($0.09) | ($0.12) | $215.30 million | $207.60 million | View | N/A | |
| 8/5/2015 | Q215 | ($0.06) | ($0.08) | $237.63 million | $226.50 million | View | N/A | |
| 5/5/2015 | Q115 | ($0.05) | ($0.07) | $246.90 million | $244.70 million | View | N/A | |
| 2/18/2015 | Q414 | $0.01 | $0.03 | $316.50 million | $272.50 million | View | N/A | |
| 8/13/2014 | Q214 | $0.02 | $0.02 | $274.57 million | $288.60 million | View | N/A | |
| 5/6/2014 | Q114 | $0.02 | $0.03 | $278.78 million | $279.30 million | View | N/A | |
| 2/19/2014 | Q413 | $0.04 | $0.05 | $277.00 million | $247.20 million | View | N/A | |
| 11/5/2013 | Q313 | $0.07 | $0.07 | $346.24 million | $293.50 million | View | N/A | |
| 8/12/2013 | Q2 2013 | $0.09 | $0.08 | $323.62 million | $301.10 million | View | N/A | |
| 5/7/2013 | Q1 2013 | $0.14 | $0.15 | $381.28 million | $305.30 million | View | N/A | |
| 2/20/2013 | | $0.25 | $0.24 | $458.30 million | $468.40 million | View | N/A | |
| 11/13/2012 | Q312 | $0.25 | $0.16 | $427.95 million | $386.80 million | View | N/A | |
| 2/23/2012 | | $0.34 | $0.29 | | | View | N/A | |
| 11/8/2011 | | $0.32 | $0.30 | | | View | N/A | |
| 5/12/2011 | | $0.31 | $0.36 | | | View | N/A | |
| 2/24/2011 | | $0.29 | $0.39 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Iamgold Corporation (NYSE:IAG)2017 EPS Consensus Estimate: ($0.07)
2018 EPS Consensus Estimate: $0.08
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q2 2017 | 2 | ($0.03) | ($0.02) | ($0.03) |
| Q3 2017 | 2 | ($0.02) | ($0.02) | ($0.02) |
| Q4 2017 | 2 | ($0.02) | ($0.02) | ($0.02) |
| Q1 2018 | 1 | $0.02 | $0.02 | $0.02 |
| Q2 2018 | 1 | $0.02 | $0.02 | $0.02 |
| Q3 2018 | 1 | $0.02 | $0.02 | $0.02 |
| Q4 2018 | 1 | $0.02 | $0.02 | $0.02 |
(Data provided by Zacks Investment Research)
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 History by Quarter for Iamgold Corporation (NYSE IAG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/5/2013 | semiannual | $0.13 | 4.55% | 7/1/2013 | 7/3/2013 | 7/12/2013 |
| 12/11/2012 | semiannual | $0.13 | 2.23% | 12/19/2012 | 12/21/2012 | 1/7/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Iamgold Corporation (NYSE:IAG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Iamgold Corporation (NYSE:IAG)
Latest Headlines for Iamgold Corporation (NYSE:IAG)
| Source: |
|
| Date | Headline |
|---|
 | What's in Store for Freeport (FCX) this Earnings Season?
finance.yahoo.com - July 21 at 4:12 PM |
 | Iamgold Corporation (NYSE:IAG) PT Set at $6.00 by Credit Suisse Group
www.americanbankingnews.com - July 20 at 12:58 AM |
| The Latest Upgrades and Downgrades for Intermediate Miners
finance.yahoo.com - July 19 at 8:16 PM |
| Iamgold Corporation (NYSE:IAG) Sees Significant Drop in Short Interest
www.americanbankingnews.com - July 19 at 8:51 AM |
| Reviewing Newmont Mining Corporation (NEM) & Iamgold Corporation (NYSE:IAG)
www.americanbankingnews.com - July 18 at 1:17 PM |
| Reviewing Iamgold Corporation (NYSE:IAG) & Pershing Gold Corporation (PGLC)
www.americanbankingnews.com - July 18 at 1:16 PM |
| Iamgold Corporation (IAG) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - July 18 at 12:56 AM |
 | IAMGOLD Makes A Major Discovery - Seeking Alpha
seekingalpha.com - July 14 at 3:10 AM |
| IAMGOLD Announces Dates For Its Second Quarter 2017 Results
finance.yahoo.com - July 13 at 2:58 AM |
| Analysts Anticipate Iamgold Corporation (NYSE:IAG) Will Announce Earnings of -$0.02 Per Share
www.americanbankingnews.com - July 12 at 2:30 PM |
| Iamgold Corporation (NYSE:IAG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 11 at 5:36 PM |
 | Technical Research on Gold Equities -- Kinross Gold, Gold Fields, Goldcorp, and IAMGOLD
www.prnewswire.com - July 7 at 6:20 AM |
| IAMGOLD Reports Further High Grade Results from the Monster Lake Project, Quebec
finance.yahoo.com - July 7 at 6:20 AM |
| Reviewing Kinross Gold Corporation (KGC) & Iamgold Corporation (IAG)
www.americanbankingnews.com - July 6 at 10:08 AM |
| Iamgold Corporation (NYSE:IAG) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 1 at 12:14 AM |
| Financial Review: Iamgold Corporation (IAG) vs. Sandstorm Gold (SAND)
www.americanbankingnews.com - June 30 at 8:30 PM |
| 6 Reasons that Make Iamgold (IAG) an Attractive Pick Now
finance.yahoo.com - June 28 at 7:14 PM |
| Iamgold Corporation (IAG) versus Kinross Gold Corporation (KGC) Head-To-Head Survey
www.americanbankingnews.com - June 26 at 10:03 PM |
 | Bull of the Day: Iamgold Corp (IAG) - Nasdaq
www.nasdaq.com - June 26 at 7:34 PM |
| IAMGold - The Cote Gold Project Is A Waste Of Money
seekingalpha.com - June 23 at 4:28 AM |
| Iamgold, Sumitomo Metal Close Cote Gold Joint Venture Deal
finance.yahoo.com - June 23 at 4:28 AM |
| Zacks.com featured highlights: TiVo, IAMGOLD, Guess, SeaChange International and P.A.M. Transportation Services
finance.yahoo.com - June 21 at 3:27 PM |
| IAMGOLD Successfully Closes Transaction with Sumitomo Metal Mining for the Development of Côté Gold
finance.yahoo.com - June 20 at 6:37 PM |
| Iamgold Is Climbing Again
finance.yahoo.com - June 19 at 12:31 PM |
| IAMGOLD 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 |
| Iamgold Corporation (IAG) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 16 at 3:04 PM |
| Zacks: Analysts Anticipate Iamgold Corporation (IAG) Will Announce Earnings of -$0.02 Per Share
www.americanbankingnews.com - June 16 at 2:20 PM |
| Iamgold Corporation (IAG) Given a $6.00 Price Target by Credit Suisse Group Analysts
www.americanbankingnews.com - June 15 at 2:32 PM |
| Raymond James Financial, Inc. Reaffirms Market Perform Rating for Iamgold Corporation (IAG)
www.americanbankingnews.com - June 15 at 10:56 AM |
| IAMGOLD Corp (IAG) Rating Increased to Hold at BidAskClub
www.americanbankingnews.com - June 10 at 8:38 AM |
| IAMGOLD Corp (IAG) Expected to Earn FY2018 Earnings of ($0.19) Per Share
www.americanbankingnews.com - June 9 at 1:08 PM |
| Iamgold Completes C?t? Gold Project Prefeasibility Study
finance.yahoo.com - June 8 at 6:47 PM |
| IAMGOLD Corp (IAG) Price Target Raised to $5.75 at Scotiabank
www.americanbankingnews.com - June 8 at 2:16 PM |
| IAMGOLD Corp (IAG) PT Raised to $6.00
www.americanbankingnews.com - June 8 at 2:16 PM |
| IAMGOLD Corp (IAG) Given a $5.00 Price Target at BMO Capital Markets
www.americanbankingnews.com - June 7 at 7:18 PM |
| Iamgold (IAG) Inks Strategic JV Agreement with Sumitomo
finance.yahoo.com - June 7 at 5:23 PM |
| IAMGOLD Corp (IAG) Receives "Hold" Rating from Credit Suisse Group AG
www.americanbankingnews.com - June 7 at 8:18 AM |
| IAMGOLD Strikes $195 Million Deal for New Gold Mine
finance.yahoo.com - June 6 at 11:22 PM |
| Financial Survey: AngloGold Ashanti Limited (AU) versus IAMGOLD Corp (IAG)
www.americanbankingnews.com - June 6 at 8:17 PM |
| Iamgold Reports More Good Results From Drilling in Senegal
finance.yahoo.com - June 2 at 7:11 PM |
| IAMGOLD Updates Diamond Drilling Results on its Advanced Boto Exploration Project, Senegal
finance.yahoo.com - May 31 at 5:46 PM |
| British Airways says it's back to a full flight schedule
finance.yahoo.com - May 30 at 5:40 PM |
| Event Study on Iamgold's 1st-Quarter Earnings Announcement
finance.yahoo.com - May 25 at 3:44 AM |
| IAMGOLD Corp (IAG) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - May 23 at 5:04 PM |
| Cautious start to trade in U.K. stocks after suspected terror attack in Manchester
finance.yahoo.com - May 23 at 11:23 AM |
| IAMGOLD Corp (IAG) Upgraded to Neutral by Bank of America Corp
www.americanbankingnews.com - May 23 at 11:16 AM |
| ETFs with exposure to IAMGOLD Corp. : May 22, 2017
finance.yahoo.com - May 22 at 5:19 PM |
| IAMGOLD Corp (IAG) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 22 at 2:17 PM |
| IAMGOLD Corp. :IAG-US: Earnings Analysis: Q1, 2017 By the Numbers : May 19, 2017
finance.yahoo.com - May 19 at 5:33 PM |
| BMO Capital Markets Analysts Give IAMGOLD Corp (IAG) a $5.00 Price Target
www.americanbankingnews.com - May 17 at 7:50 PM |
Iamgold Corporation (IAG) Chart for Sunday, July, 23, 2017
