Iamgold Corporation Company Profile (NYSE:IAG)

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

Iamgold Corporation (NYSE:IAG) announced its earnings results on Wednesday, August, 9th. The company reported $0.01 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.01. The firm had revenue of $274.50 million for the quarter, compared to the consensus estimate of $267.07 million. Iamgold Corporation had a return on equity of 1.43% and a net margin of 46.75%. The business's quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.01 EPS. View Iamgold Corporation's Earnings History.

Iamgold Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Iamgold Corporation.

9 brokerages have issued 12 month target prices for Iamgold Corporation's stock. Their predictions range from $6.00 to $8.07. On average, they anticipate Iamgold Corporation's stock price to reach $7.33 in the next twelve months. View Analyst Ratings for Iamgold Corporation.

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. " (10/23/2017)
• 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)

Iamgold Corporation saw a drop in short interest during the month of September. As of September 29th, there was short interest totalling 4,525,678 shares, a drop of 38.7% from the September 15th total of 7,384,151 shares. Based on an average trading volume of 5,799,700 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.0% of the company's shares are sold short.

Some companies that are related to Iamgold Corporation include Kinross Gold Corporation (KGC), AngloGold Ashanti Limited (AU), Buenaventura Mining Company (BVN), B2Gold Corp (BTG), Eldorado Gold Corporation (EGO), Centamin PLC (CEY), NovaGold Resources (NG), Hochschild Mining Plc (HOC), Sandstorm Gold Ltd (SAND), Acacia Mining PLC (ABG), Sandstorm Gold Ltd (SAND), Acacia Mining PLC (ACA), Gold Standard Ventures Corp (GSV), Klondex Mines Ltd (KLDX), Klondex Mines Ltd (KLDX), Highland Gold Mining Ltd (HGM), Golden Star Resources (GSS) and Petropavlovsk PLC (POG).

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
• John Edward Caldwell, Independent Director
• Richard James Hall, Independent Director
• Mahendra Naik CPA, Independent Director

Iamgold Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Montrusco Bolton Investments Inc. (0.17%), Adams Asset Advisors LLC (0.03%) and Shell Asset Management Co. (0.02%). View Institutional Ownership Trends for Iamgold Corporation.

Iamgold Corporation's stock was sold by a variety of institutional investors in the last quarter, including Adams Asset Advisors LLC. View Insider Buying and Selling for Iamgold Corporation.

Iamgold Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Montrusco Bolton Investments Inc. and Shell Asset Management Co.. View Insider Buying and Selling for Iamgold Corporation.

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.

One share of Iamgold Corporation stock can currently be purchased for approximately $5.73.