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 Ratio94.00
Forward P/E Ratio31.39
P/E Growth10.61
Sales & Book Value
Annual Sales$1.09 billion
Price / Sales2.41
Cash Flow$0.6250 per share
Price / Cash9.04
Book Value$6.11 per share
Price / Book0.92
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) issued its quarterly earnings results on Monday, May, 7th. The mining company reported $0.09 earnings per share (EPS) for the quarter, beating the 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 return on equity of 2.27% and a net margin of 48.91%. The firm's revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.01 earnings per share. View IAMGOLD's Earnings History.
When is IAMGOLD's next earnings date?
What price target have analysts set for IAG?
9 brokers have issued 1-year price targets for IAMGOLD's stock. Their predictions range from $6.00 to $8.07. On average, they expect IAMGOLD's share price to reach $7.2588 in the next year. View Analyst Ratings for IAMGOLD.
Are investors shorting IAMGOLD?
IAMGOLD saw a drop in short interest in the month of May. As of May 15th, there was short interest totalling 3,612,819 shares, a drop 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 short-interest ratio is currently 1.0 days. Approximately 0.8% of the company's stock are sold short. View IAMGOLD's Current Options Chain.
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), First Majestic Silver (AG), Osisko gold royalties (OR), Coeur Mining (CDE) and Fortuna Silver Mines (FSM).
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 articles about IAG stock have been trending positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. IAMGOLD earned a news sentiment score of 0.36 on Accern's scale. They also gave media coverage about the mining company an impact score of 45.50 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are IAMGOLD's major shareholders?
IAMGOLD's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 institutional 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 institutional investors are buying IAMGOLD stock?
IAG stock was acquired 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 $5.65.
How big of a company is IAMGOLD?
IAMGOLD has a market capitalization of $2.67 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.
