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 (WHO). Since then, IAG stock has increased by 58.7% and is now trading at $4.00. 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) posted its quarterly earnings data on Monday, May, 4th. The mining company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.04. The mining company earned $274.50 million during the quarter, compared to the consensus estimate of $294.56 million. Iamgold had a negative return on equity of 0.94% and a negative net margin of 37.26%. The firm's revenue for the quarter was up 9.4% compared to the same quarter last year. View Iamgold's earnings history.

9 Wall Street analysts have issued 12-month price objectives for Iamgold's shares. 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 that the stock has a possible downside of 0.9%. View analysts' price targets for Iamgold.

Media coverage about IAG stock has been trending negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Iamgold earned a coverage optimism score of -2.8 on InfoTrie's scale. They also gave media stories about the mining company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the stock's share price in the near term. View the latest news about Iamgold.

Iamgold saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 5,260,000 shares, an increase of 22.6% from the May 31st total of 4,290,000 shares. Based on an average daily volume of 6,900,000 shares, the short-interest ratio is currently 0.8 days. Currently, 1.1% of the company's shares are short sold. View Iamgold's Current Options Chain.

Some companies that are related to Iamgold include Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY), First Majestic Silver (AG), Osisko gold royalties (OR), Eldorado Gold (EGO), Coeur Mining (CDE), Seabridge Gold (SA), DRDGOLD (DRD), Fortuna Silver Mines (FSM), Maverix Metals (MMX), McEwen Mining (MUX) and Endeavour Silver (EXK). 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 many different institutional and retail investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). View institutional ownership trends for Iamgold.

IAG stock was acquired by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. 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 $4.00.

Iamgold has a market capitalization of $1.89 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]