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) issued its quarterly 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 company 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 company's revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.01 EPS. View Iamgold Corporation's Earnings History.

Iamgold Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Iamgold Corporation.

9 brokers have issued 12-month target prices for Iamgold Corporation's stock. Their forecasts range from $6.00 to $7.50. On average, they anticipate Iamgold Corporation's stock price to reach $6.96 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. " (8/8/2017)
• 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)

Some companies that are related to Iamgold Corporation include Kinross Gold Corporation (KGC), Buenaventura Mining Company (BVN), AngloGold Ashanti Limited (AU), 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), Klondex Mines Ltd (KLDX), Klondex Mines Ltd (KLDX), Gold Standard Ventures Corp (GSV), 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
• Sybil Elsa Veenman, Director
• John Edward Caldwell, Independent Director
• Richard James Hall, Independent Director

Iamgold Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (12.02%), Donald Smith & CO. Inc. (9.61%), Renaissance Technologies LLC (4.06%), Vanguard Group Inc. (2.04%), Bank of New York Mellon Corp (1.52%) and Tocqueville Asset Management L.P. (1.47%). View Institutional Ownership Trends for Iamgold Corporation.

Iamgold Corporation's stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Contrarius Investment Management Ltd, Heartland Advisors Inc., Schroder Investment Management Group, Bank of New York Mellon Corp, TD Asset Management Inc., Russell Investments Group Ltd. and Donald Smith & CO. Inc.. View Insider Buying and Selling for Iamgold Corporation.

Iamgold Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Royal Bank of Canada, JPMorgan Chase & Co., Alps Advisors Inc., Fiera Capital Corp, Hillsdale Investment Management Inc., Renaissance Technologies LLC and Vanguard Group Inc.. 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 $6.36.