Iamgold Corporation Company Profile (NYSE:IAG)

About Iamgold Corporation (NYSE:IAG)

Iamgold Corporation logoIAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents. The Company's gold mine segment is divided into geographic segments, such as Burkina Faso - Essakane mine; Suriname-Rosebel mine; Canada-Doyon division, which includes the Westwood mine and the Doyon mine, and Joint ventures (Mali)-Sadiola mine (41%) and Yatela mine (40%). The Company's non-gold segments are divided into Exploration and evaluation, and Corporate, which includes royalty interests located in Canada and investments in associates and joint ventures. In Canada, the Company owns the Westwood mine in Quebec and the Cote Gold project, a development project located in Ontario.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Gold Mining
  • Sub-Industry: N/A
  • Symbol: NYSE:IAG
  • CUSIP: N/A
  • Web: www.iamgold.com
Capitalization:
  • Market Cap: $2.95613 billion
  • Outstanding Shares: 464,799,000
Average Prices:
  • 50 Day Moving Avg: $6.08
  • 200 Day Moving Avg: $4.89
  • 52 Week Range: $3.14 - $7.25
P/E:
  • Trailing P/E Ratio: 5.66
  • Foreward P/E Ratio: 69.00
  • P/E Growth: 42.40
Sales & Book Value:
  • Annual Revenue: $1.07 billion
  • Price / Sales: 2.70
  • Book Value: $5.94 per share
  • Price / Book: 1.05
Profitability:
  • EBIDTA: $857.4 million
  • Net Margins: 46.75%
  • Return on Equity: 1.43%
  • Return on Assets: 0.95%
Debt:
  • Debt-to-Equity Ratio: 0.14%
  • Current Ratio: 5.17%
  • Quick Ratio: 4.19%
Misc:
  • Average Volume: 5.02 million shs.
  • Beta: -0.4
  • Short Ratio: 1.04
 

Frequently Asked Questions for Iamgold Corporation (NYSE:IAG)

What is Iamgold Corporation's stock symbol?

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

How were Iamgold Corporation's earnings last quarter?

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

When will Iamgold Corporation make its next earnings announcement?

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

Where is Iamgold Corporation's stock going? Where will Iamgold Corporation's stock price be in 2017?

9 brokers have issued 12-month price targets for Iamgold Corporation's stock. Their predictions range from $6.00 to $7.50. On average, they expect Iamgold Corporation's share price to reach $6.96 in the next twelve months. View Analyst Ratings for Iamgold Corporation.

What are analysts saying about Iamgold Corporation stock?

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)

Who are some of Iamgold Corporation's key competitors?

Who are Iamgold Corporation's key executives?

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

Who owns Iamgold Corporation stock?

Iamgold Corporation's stock is owned by a variety of 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.

Who sold Iamgold Corporation stock? Who is selling Iamgold Corporation stock?

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.

Who bought Iamgold Corporation stock? Who is buying Iamgold Corporation stock?

Iamgold Corporation's stock was bought 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.

How do I buy Iamgold Corporation stock?

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.

What is Iamgold Corporation's stock price today?

One share of Iamgold Corporation stock can currently be purchased for approximately $6.21.


MarketBeat Community Rating for Iamgold Corporation (NYSE IAG)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  447 (Vote Underperform)
Total Votes:  632
MarketBeat's community ratings are surveys of what our community members think about Iamgold Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Iamgold Corporation (NYSE:IAG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $6.96 (12.05% upside)

Analysts' Ratings History for Iamgold Corporation (NYSE:IAG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/15/2017ScotiabankBoost Price TargetSector Perform$6.25 -> $7.00HighView Rating Details
9/7/2017Raymond James Financial, Inc.Boost Price TargetMarket Perform$6.00 -> $7.25HighView Rating Details
9/6/2017CIBCUpgradeSector Perform -> Sector Outperform$6.93 -> $7.00HighView Rating Details
8/29/2017Royal Bank Of CanadaSet Price TargetHold$7.00LowView Rating Details
8/22/2017BMO Capital MarketsUpgradeMarket Perform -> Outperform$6.00 -> $7.50HighView Rating Details
7/18/2017Credit Suisse GroupSet Price TargetHold$6.00LowView Rating Details
5/23/2017Bank of America CorporationUpgradeUnderperform -> NeutralHighView Rating Details
5/14/2017National Bank FinancialReiterated RatingOutperform Market WeightHighView Rating Details
11/8/2016TD SecuritiesUpgradeHold -> BuyN/AView Rating Details
10/19/2016Canaccord GenuityUpgradeHold -> BuyN/AView Rating Details
7/18/2016Paradigm CapitalUpgradeHold -> BuyN/AView Rating Details
5/18/2016Howard WeilDowngradeSector Perform -> UnderperformN/AView Rating Details
5/5/2016MacquarieUpgradeUnderperform -> NeutralN/AView Rating Details
2/19/2016MackieDowngradeHold -> Sell$2.00 -> $2.50N/AView Rating Details
2/12/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralN/AView Rating Details
1/14/2016Barclays PLCLower Price Target$2.00 -> $1.50N/AView Rating Details
11/25/2015Morgan StanleyInitiated CoverageUnderweight$1.35N/AView Rating Details
11/24/2015HSBC Holdings plcUpgradeReduce -> HoldN/AView Rating Details
(Data available from 9/21/2015 forward)

Earnings

Earnings History for Iamgold Corporation (NYSE:IAG)
Earnings by Quarter for Iamgold Corporation (NYSE:IAG)
Earnings History by Quarter for Iamgold Corporation (NYSE IAG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017        
8/9/20176/30/2017$0.01$0.01$267.07 million$274.50 millionViewListenView Earnings Details
5/9/20173/31/2017($0.01)$0.01$264.54 million$260.50 millionViewListenView Earnings Details
2/22/2017Q416$0.01$0.01$248.31 million$252.50 millionViewN/AView Earnings Details
11/7/2016Q316$0.02$0.05$258.10 million$282.40 millionViewListenView Earnings Details
8/3/2016Q216($0.02)$0.01$245.68 million$232.50 millionViewN/AView Earnings Details
5/3/2016Q116($0.06)($0.02)$224.24 million$219.70 millionViewN/AView Earnings Details
2/17/2016Q415($0.11)($0.16)$218.58 million$238.20 millionViewListenView Earnings Details
11/3/2015Q315($0.09)($0.12)$215.30 million$207.60 millionViewN/AView Earnings Details
8/5/2015Q215($0.06)($0.08)$237.63 million$226.50 millionViewN/AView Earnings Details
5/5/2015Q115($0.05)($0.07)$246.90 million$244.70 millionViewN/AView Earnings Details
2/18/2015Q414$0.01$0.03$316.50 million$272.50 millionViewN/AView Earnings Details
8/13/2014Q214$0.02$0.02$274.57 million$288.60 millionViewN/AView Earnings Details
5/6/2014Q114$0.02$0.03$278.78 million$279.30 millionViewN/AView Earnings Details
2/19/2014Q413$0.04$0.05$277.00 million$247.20 millionViewN/AView Earnings Details
11/5/2013Q313$0.07$0.07$346.24 million$293.50 millionViewN/AView Earnings Details
8/12/2013Q2 2013$0.09$0.08$323.62 million$301.10 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.14$0.15$381.28 million$305.30 millionViewN/AView Earnings Details
2/20/2013$0.25$0.24$458.30 million$468.40 millionViewN/AView Earnings Details
11/13/2012Q312$0.25$0.16$427.95 million$386.80 millionViewN/AView Earnings Details
2/23/2012$0.34$0.29ViewN/AView Earnings Details
11/8/2011$0.32$0.30ViewN/AView Earnings Details
5/12/2011$0.31$0.36ViewN/AView Earnings Details
2/24/2011$0.29$0.39ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Iamgold Corporation (NYSE:IAG)
2017 EPS Consensus Estimate: ($0.07)
2018 EPS Consensus Estimate: $0.07
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20172($0.03)($0.02)($0.03)
Q3 20172($0.03)($0.02)($0.03)
Q4 20172($0.02)($0.02)($0.02)
Q1 20181$0.01$0.01$0.01
Q2 20181$0.02$0.02$0.02
Q3 20181$0.02$0.02$0.02
Q4 20181$0.02$0.02$0.02
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Iamgold Corporation (NYSE:IAG)
Most Recent Dividend:7/12/2013
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Iamgold Corporation (NYSE:IAG)

Dividend History by Quarter for Iamgold Corporation (NYSE IAG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/5/2013semiannual$0.134.55%7/1/20137/3/20137/12/2013
12/11/2012semiannual$0.132.23%12/19/201212/21/20121/7/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Iamgold Corporation (NYSE:IAG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Iamgold Corporation (NYSE:IAG)
Latest Headlines for Iamgold Corporation (NYSE:IAG)
Source:
DateHeadline
americanbankingnews.com logoFY2018 Earnings Forecast for Iamgold Corporation Issued By National Bank Financial (IAG)
www.americanbankingnews.com - September 18 at 6:26 AM
americanbankingnews.com logoIamgold Corporation (IAG) Price Target Raised to $7.00 at Scotiabank
www.americanbankingnews.com - September 15 at 3:02 PM
americanbankingnews.com logoContrasting Klondex Mines (KLDX) & Iamgold Corporation (IAG)
www.americanbankingnews.com - September 15 at 2:14 AM
finance.yahoo.com logoIAMGOLD Hosts Analyst Tour of Rosebel Mine
finance.yahoo.com - September 14 at 6:14 AM
finance.yahoo.com logoWhat Iamgold’s Outperformance Could Mean for the Future
finance.yahoo.com - September 14 at 6:14 AM
finance.yahoo.com logoIAMGOLD Corp. :IAG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017
finance.yahoo.com - September 14 at 6:14 AM
finance.yahoo.com logoWhy Analysts Are so Bullish on Iamgold after Its Latest Announcement
finance.yahoo.com - September 14 at 6:14 AM
finance.yahoo.com logoETFs with exposure to IAMGOLD Corp. : September 13, 2017
finance.yahoo.com - September 14 at 6:14 AM
fool.com logoHere's Why These Gold Stocks Gained As Much As 20.3% in August
www.fool.com - September 11 at 8:12 PM
finance.yahoo.com logoWhy Are Intermediate Gold Miners so Exuberant?
finance.yahoo.com - September 11 at 8:12 PM
americanbankingnews.com logoQ3 2017 Earnings Estimate for Iamgold Corporation Issued By Cormark (IAG)
www.americanbankingnews.com - September 11 at 1:42 AM
americanbankingnews.com logoIamgold Corporation (IAG) Raised to "Sector Outperform" at CIBC
www.americanbankingnews.com - September 10 at 8:16 PM
americanbankingnews.com logoQ1 2018 EPS Estimates for Iamgold Corporation (IAG) Cut by Cormark
www.americanbankingnews.com - September 8 at 9:10 AM
seekingalpha.com logoIAMGOLD Corporation (IAG) Updates On Saramacca NI 43-101 Maiden Mineral Resource Estimate - Slideshow IAMGOLD Corporation (IAG) Updates On Saramacca N
seekingalpha.com - September 8 at 12:57 AM
finance.yahoo.com logoIamgold Reports Increased Reserves at Rosebel
finance.yahoo.com - September 8 at 12:57 AM
seekingalpha.com logoIamgold upgraded at CIBC as Saramacca resource called "game changer" - Seeking Alpha
seekingalpha.com - September 7 at 7:57 PM
americanbankingnews.com logoRaymond James Financial, Inc. Boosts Iamgold Corporation (IAG) Price Target to $7.25
www.americanbankingnews.com - September 7 at 2:16 PM
finance.yahoo.com logoIAMGOLD Confirms Significant Gold Discovery Exceeding Initial Targets at Saramacca - Strategically Located Near its Rosebel Gold Mine
finance.yahoo.com - September 6 at 6:12 AM
finance.yahoo.com logoIAMGOLD Files NI 43-101 Technical Report for Previously Announced Rosebel Reserve and Resource Update
finance.yahoo.com - September 6 at 6:12 AM
nasdaq.com logoIAG Crosses Above Average Analyst Target
www.nasdaq.com - September 1 at 8:01 PM
finance.yahoo.com logoIAMGOLD Corp. (IAG) -- Moody's upgrades IAMGOLD's CFR to B1; outlook positive
finance.yahoo.com - August 31 at 6:02 AM
americanbankingnews.com logoIamgold Corporation (IAG) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 30 at 4:44 PM
americanbankingnews.com logoIamgold Corporation's (IAG) "Hold" Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - August 29 at 6:00 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Iamgold Corporation (IAG) to Post -$0.01 Earnings Per Share
www.americanbankingnews.com - August 22 at 2:10 AM
americanbankingnews.com logoAnalyzing Klondex Mines (KLDX) & Iamgold Corporation (IAG)
www.americanbankingnews.com - August 20 at 8:14 PM
americanbankingnews.com logoIamgold Corporation (IAG) Lifted to "Hold" at ValuEngine
www.americanbankingnews.com - August 20 at 7:00 PM
americanbankingnews.com logoIamgold Corporation (IAG) Upgraded at BidaskClub
www.americanbankingnews.com - August 19 at 6:28 PM
americanbankingnews.com logoIamgold Corporation (IAG) Lifted to B at TheStreet
www.americanbankingnews.com - August 19 at 7:08 AM
nasdaq.com logoSurging Earnings Estimates Signal Good News for IAMGOLD (IAG) - Nasdaq
www.nasdaq.com - August 19 at 12:30 AM
nasdaq.com logoIamgold (IAG) Scales New 52-Week High on Bright Prospects ... - Nasdaq
www.nasdaq.com - August 19 at 12:30 AM
finance.yahoo.com logoSurging Earnings Estimates Signal Good News for IAMGOLD (IAG)
finance.yahoo.com - August 18 at 7:29 PM
americanbankingnews.com logoIamgold Corporation (IAG) versus Agnico Eagle Mines Limited (AEM) Critical Contrast
www.americanbankingnews.com - August 17 at 8:26 PM
nasdaq.com logoIamgold (IAG) Acquires Common Shares of TomaGold for $2.5M - Nasdaq
www.nasdaq.com - August 17 at 5:47 AM
finance.yahoo.com logoIamgold (IAG) Acquires Common Shares of TomaGold for $2.5M
finance.yahoo.com - August 16 at 7:42 PM
finance.yahoo.com logoIamgold Acquires a 19.98% Stake in TomaGold
finance.yahoo.com - August 16 at 7:42 PM
seekingalpha.com logoIAMGOLD: What To Do Now - Seeking Alpha
seekingalpha.com - August 15 at 3:01 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about IAMGOLD Corp.
finance.yahoo.com - August 14 at 10:00 PM
finance.yahoo.com logoIAMGOLD Corporation Announces Acquisition of Common Shares of TomaGold Corporation
finance.yahoo.com - August 14 at 10:00 PM
americanbankingnews.com logoBrokers Issue Forecasts for Iamgold Corporation's FY2017 Earnings (NYSE:IAG)
www.americanbankingnews.com - August 14 at 5:32 AM
americanbankingnews.com logoFY2017 Earnings Forecast for Iamgold Corporation Issued By National Bank Financial (NYSE:IAG)
www.americanbankingnews.com - August 14 at 5:32 AM
seekingalpha.com logoIAMGOLD (IAG) CEO Steve Letwin on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - August 12 at 11:49 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) and Pershing Gold Corporation (PGLC) Critical Review
www.americanbankingnews.com - August 12 at 12:12 PM
americanbankingnews.com logoIamgold Corporation (NYSE:IAG) Expected to Earn FY2018 Earnings of $0.07 Per Share
www.americanbankingnews.com - August 11 at 3:40 PM
nasdaq.com logoIamgold (IAG) Posts in-Line Earnings in Q2, Sales Rise Y/Y - Nasdaq
www.nasdaq.com - August 11 at 3:15 AM
finance.yahoo.com logoInvestor Network: IAMGOLD Corporation to Host Earnings Call
finance.yahoo.com - August 11 at 3:15 AM
finance.yahoo.com logoIamgold (IAG) Posts in-Line Earnings in Q2, Sales Rise Y/Y
finance.yahoo.com - August 11 at 3:15 AM
finance.yahoo.com logoIamgold Beats Expectations on 2nd-Quarter Revenue
finance.yahoo.com - August 11 at 3:15 AM
streetinsider.com logoIAMGOLD Corp. (IAG) Reports In-Line Q2 EPS - StreetInsider.com
www.streetinsider.com - August 10 at 1:19 AM
americanbankingnews.com logoIamgold Corporation (IAG) Issues Earnings Results
www.americanbankingnews.com - August 9 at 10:28 PM
finance.yahoo.com logoMining Stocks Q2 Earnings Roster for Aug 9: PAAS, IAG & SSRM
finance.yahoo.com - August 8 at 7:22 PM

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Chart

Iamgold Corporation (IAG) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by MarketBeat.com Staff