IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. It also explores for copper and silver. The company owns interests in the Rosebel gold mine located in north eastern Suriname, South America; the Essakane gold mine in north-eastern Burkina Faso, West Africa; the Westwood gold mine in southwestern Québec, Canada; and the Sadiola Gold Mine located in southwest Mali, West Africa. It holds interests in various other projects, including the Boto gold project in Senegal; the Pitangui project in Brazil; the Siribaya project in Mali; the Loma Larga project in southern Ecuador; and the Eastern Borosi project in Northeast Nicaragua. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSE:IAG
Previous Symbol
CUSIPN/A
Phone416-360-4710
Debt
Debt-to-Equity Ratio0.14
Current Ratio4.31
Quick Ratio3.40
Price-To-Earnings
Trailing P/E Ratio56.25
Forward P/E Ratio30.73
P/E Growth10.3
Sales & Book Value
Annual Sales$1.09 billion
Price / Sales1.44
Cash Flow$0.6190 per share
Price / Cash Flow5.46
Book Value$6.11 per share
Price / Book0.55
Profitability
EPS (Most Recent Fiscal Year)$0.06
Net Income$501.60 million
Net Margins-0.98%
Return on Equity1.14%
Return on Assets0.82%
Miscellaneous
Employees4,780
Outstanding Shares466,570,000
Market Cap$1.61 billion
OptionableOptionable
Iamgold (NYSE:IAG) Frequently Asked Questions
What is Iamgold's stock symbol?
Iamgold trades on the New York Stock Exchange (NYSE) under the ticker symbol "IAG."
How were Iamgold's earnings last quarter?
Iamgold Corp (NYSE:IAG) issued its quarterly earnings data on Tuesday, November, 6th. The mining company reported ($0.01) earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.01). The mining company earned $244.80 million during the quarter, compared to the consensus estimate of $266.17 million. Iamgold had a negative net margin of 0.98% and a positive return on equity of 1.14%. The business's revenue for the quarter was down 8.9% compared to the same quarter last year. During the same period last year, the business posted $0.07 earnings per share. View Iamgold's Earnings History.
When is Iamgold's next earnings date?
What price target have analysts set for IAG?
10 brokerages have issued 1-year price objectives for Iamgold's stock. Their forecasts range from $5.50 to $8.00. On average, they expect Iamgold's stock price to reach $6.6667 in the next year. This suggests a possible upside of 97.5% from the stock's current price. View Analyst Price Targets for Iamgold.
What is the consensus analysts' recommendation for Iamgold?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Iamgold in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Iamgold.
Has Iamgold been receiving favorable news coverage?
News stories about IAG stock have been trending somewhat positive recently, InfoTrie reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Iamgold earned a news sentiment score of 1.8 on InfoTrie's scale. They also assigned headlines about the mining company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the next several days.
Who are some of Iamgold's key competitors?
Some companies that are related to Iamgold include Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), Osisko gold royalties (OR), Tahoe Resources (TAHO), First Majestic Silver (AG), Coeur Mining (CDE), Harmony Gold Mining (HMY), Seabridge Gold (SA), Sibanye Gold (SBGL) and McEwen Mining (MUX).
Who are Iamgold's key executives?
Iamgold's management team includes the folowing people:
- Mr. Stephen Joseph James Letwin, Pres, CEO & Director (Age 62)
- Ms. Carol T. Banducci, Exec. VP & CFO (Age 59)
- Mr. Peter Gordon Stothart, Exec. VP & COO
- Mr. Jeffery A. Snow, Gen. Counsel & Sr. VP of Bus. Devel.
- Mr. Craig Stephen MacDougall M.Sc., B.Sc. (Hons), P.Geo., Sr. VP of Exploration (Age 55)
Who are Iamgold's major shareholders?
Iamgold's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Donald Smith & CO. Inc. (6.64%), Renaissance Technologies LLC (4.46%), JPMorgan Chase & Co. (2.80%), JPMorgan Chase & Co. (2.80%), Vanguard Group Inc. (2.44%) and Vanguard Group Inc (2.44%).
Which major investors are selling Iamgold stock?
IAG stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Donald Smith & CO. Inc., United Services Automobile Association, Mackenzie Financial Corp, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Credit Suisse AG, Toronto Dominion Bank and BlackRock Inc..
Which major investors are buying Iamgold stock?
IAG stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Deutsche Bank AG, Morgan Stanley, Canada Pension Plan Investment Board, Bank of New York Mellon Corp, Schroder Investment Management Group and Franklin Resources Inc..
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Iamgold's stock price today?
One share of IAG stock can currently be purchased for approximately $3.3750.
How big of a company is Iamgold?
Iamgold has a market capitalization of $1.61 billion and generates $1.09 billion in revenue each year. The mining company earns $501.60 million in net income (profit) each year or $0.06 on an earnings per share basis. Iamgold employs 4,780 workers across the globe.
What is Iamgold's official website?
How can I contact Iamgold?
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]
MarketBeat Community Rating for Iamgold (NYSE IAG)
MarketBeat's community ratings are surveys of what our community members think about Iamgold and other stocks. Vote "Outperform" if you believe IAG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IAG will underperform the S&P 500 over the long term. You may vote once every thirty days.
