NYSE:IAGIamgold Stock Price, Forecast & News

Iamgold's stock was trading at $2.52 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, IAG stock has increased by 48.4% and is now trading at $3.74. 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) released its earnings results on Monday, May, 4th. The mining company reported ($0.01) EPS for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.04. The mining company had revenue of $274.50 million for the quarter, compared to analyst estimates of $294.56 million. Iamgold had a negative net margin of 37.26% and a negative return on equity of 0.94%. Iamgold's revenue was up 9.4% on a year-over-year basis. View Iamgold's earnings history.

9 equities research analysts have issued 12 month price targets for Iamgold's stock. Their forecasts range from $3.25 to $5.75. On average, they expect Iamgold's share price to reach $3.96 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View analysts' price targets for Iamgold.

News stories about IAG stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Iamgold earned a news impact score of -1.0 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 media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutIamgold.

Iamgold saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,680,000 shares, a decrease 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 short-interest ratio is currently 0.7 days. Currently, 1.2% of the company's shares 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 a number of 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 bought 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 $3.74.

Iamgold has a market capitalization of $1.76 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]