NYSE:IAGIamgold Stock Price, Forecast & News

Iamgold's stock was trading at $2.52 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IAG shares have increased by 52.0% and is now trading at $3.83. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iamgold in the last year. There are currently 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Iamgold.

Iamgold is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Iamgold.

Iamgold Corp (NYSE:IAG) released its quarterly earnings data on Monday, May, 4th. The mining company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.04. The mining company had revenue of $274.50 million for the quarter, compared to the consensus estimate of $294.56 million. Iamgold had a negative net margin of 37.26% and a negative return on equity of 0.94%. Iamgold's quarterly revenue was up 9.4% compared to the same quarter last year. View Iamgold's earnings history.

9 equities research analysts have issued 1-year price targets for Iamgold's stock. Their forecasts range from $3.25 to $5.75. On average, they anticipate Iamgold's stock price to reach $3.96 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for Iamgold.

Media headlines about IAG stock have trended extremely negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Iamgold earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned news headlines about the mining company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutIamgold.

Iamgold saw a decline in short interest in May. As of May 15th, there was short interest totaling 5,680,000 shares, a decline of 10.1% from the April 30th total of 6,320,000 shares. Based on an average daily trading volume, of 8,030,000 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.2% of the shares of the stock are sold short. View Iamgold's Current Options Chain.

Some companies that are related to Iamgold include Gold Fields (GFI), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG), Harmony Gold Mining (HMY), Osisko gold royalties (OR), Coeur Mining (CDE), Eldorado Gold (EGO), Seabridge Gold (SA), Fortuna Silver Mines (FSM), DRDGOLD (DRD), Maverix Metals (MMX) and McEwen Mining (MUX). View all competitors.

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), General Motors (GM), Yamana Gold (AUY), Barrick Gold (GOLD), Eldorado Gold (EGO), Alibaba Group (BABA) and Newmont Goldcorp (NEM).

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

Iamgold's stock is owned by a variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (10.73%), Donald Smith & CO. Inc. (10.02%), Ruffer LLP (5.39%), Polunin Capital Partners Ltd (2.41%), Morgan Stanley (1.19%) and Morgan Stanley (1.06%). View institutional ownership trends for Iamgold.

IAG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Deutsche Bank AG, Morgan Stanley, Van ECK Associates Corp, Donald Smith & CO. Inc., Two Sigma Investments LP, Connor Clark & Lunn Investment Management Ltd., and Commerzbank Aktiengesellschaft FI. View insider buying and selling activity for Iamgold.

IAG stock was acquired by a variety of institutional investors in the last quarter, including Polunin Capital Partners Ltd, Ruffer LLP, Waterton Global Resource Management Inc., Hillsdale Investment Management Inc., Invesco Ltd., Two Sigma Advisers LP, Thrivent Financial for Lutherans, and U S Global Investors Inc.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of IAG stock can currently be purchased for approximately $3.83.

Iamgold has a market capitalization of $1.80 billion and generates $1.07 billion in revenue each year. The mining company earns $-412,600,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. Iamgold employs 4,832 workers across the globe.

The official website for Iamgold is www.iamgold.com.

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]