NYSE:IAG - Iamgold Stock Price, Forecast & News

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

Iamgold Corp (NYSE:IAG) issued its quarterly earnings results on Wednesday, November, 6th. The mining company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.02. The mining company earned $274.40 million during the quarter. Iamgold had a negative net margin of 8.94% and a negative return on equity of 1.33%. View Iamgold's Earnings History.

Iamgold is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Iamgold.

11 brokers have issued 1-year target prices for Iamgold's stock. Their forecasts range from $2.83 to $5.00. On average, they anticipate Iamgold's share price to reach $4.07 in the next year. This suggests a possible upside of 35.1% from the stock's current price. View Analyst Price Targets for Iamgold.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iamgold in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Iamgold.

News articles about IAG stock have been trending somewhat negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Iamgold earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave news headlines about the mining company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Iamgold.

Iamgold saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 8,300,000 shares, a drop of 6.4% from the December 15th total of 8,870,000 shares. Based on an average trading volume of 4,180,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.8% of the company's stock are short sold. View Iamgold's Current Options Chain.

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

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), Barrick Gold (GOLD), General Motors (GM), Yamana Gold (AUY), Alibaba Group (BABA), Newmont Goldcorp (NEM) and First Majestic Silver (AG).

Iamgold's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Tocqueville Asset Management L.P. (2.25%) and Commerzbank Aktiengesellschaft FI (0.42%). View Institutional Ownership Trends for Iamgold.

IAG stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P. and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling 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 $3.01.

Iamgold has a market capitalization of $1.41 billion and generates $1.11 billion in revenue each year. The mining company earns $-28,200,000.00 in net income (profit) each year or $0.06 on an earnings per share basis. Iamgold employs 4,948 workers across the globe.View Additional Information About Iamgold.

The official website for Iamgold is http://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]