NYSE:IAGIamgold Stock Price, Forecast & News

Iamgold's stock was trading at $2.52 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IAG shares have increased by 42.9% and is now trading at $3.60. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iamgold in the last year. There are currently 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Iamgold.

Iamgold is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Iamgold.

Iamgold Corp (NYSE:IAG) posted its quarterly earnings data on Monday, May, 4th. The mining company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.04. The mining company earned $274.50 million during the quarter, compared to the consensus estimate of $294.56 million. Iamgold had a negative return on equity of 0.94% and a negative net margin of 37.26%. Iamgold's revenue was up 9.4% on a year-over-year basis. View Iamgold's earnings history.

9 analysts have issued 1 year price objectives for Iamgold's stock. Their forecasts range from $3.25 to $5.75. On average, they expect Iamgold's stock price to reach $3.96 in the next year. This suggests a possible upside of 10.1% from the stock's current price. View analysts' price targets for Iamgold.

Media headlines about IAG stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Iamgold earned a news impact score of -3.1 on InfoTrie's scale. They also gave news stories 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 stock's share price in the near future. View the latest news aboutIamgold.

Iamgold saw a drop in short interest in May. As of May 15th, there was short interest totaling 5,680,000 shares, a drop of 10.1% from the April 30th total of 6,320,000 shares. Based on an average daily trading volume, of 8,030,000 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.2% of the shares of the company are short sold. View Iamgold's Current Options Chain.

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

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), General Motors (GM), Yamana Gold (AUY), Barrick Gold (GOLD), Eldorado Gold (EGO), Alibaba Group (BABA) and Newmont Goldcorp (NEM).

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

Iamgold's stock is owned by many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (10.73%), Donald Smith & CO. Inc. (10.02%), Ruffer LLP (5.39%), Polunin Capital Partners Ltd (2.41%), Morgan Stanley (1.19%) and Morgan Stanley (1.06%). View institutional ownership trends for Iamgold.

IAG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Deutsche Bank AG, Morgan Stanley, Van ECK Associates Corp, Donald Smith & CO. Inc., Two Sigma Investments LP, Connor Clark & Lunn Investment Management Ltd., and Commerzbank Aktiengesellschaft FI. View insider buying and selling activity for Iamgold.

IAG stock was purchased by a variety of institutional investors in the last quarter, including Polunin Capital Partners Ltd, Ruffer LLP, Waterton Global Resource Management Inc., Hillsdale Investment Management Inc., Invesco Ltd., Two Sigma Advisers LP, Thrivent Financial for Lutherans, and U S Global Investors Inc.. View insider buying and selling activity 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 $3.60.

Iamgold has a market capitalization of $1.70 billion and generates $1.07 billion in revenue each year. The mining company earns $-412,600,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis. Iamgold employs 4,832 workers across the globe.

The official website for Iamgold is 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]