IAMGOLD Co. (TSE:IMG – Get Rating) (NYSE:IAG) has received an average recommendation of "Hold" from the eleven analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$2.92.
A number of brokerages have recently issued reports on IMG. TD Securities reduced their price objective on IAMGOLD from C$4.00 to C$3.50 and set a "buy" rating on the stock in a research note on Friday, August 5th. National Bankshares raised their price objective on IAMGOLD from C$2.25 to C$2.40 and gave the company a "sector perform" rating in a research note on Friday, August 5th.
Get IAMGOLD alerts:IAMGOLD Stock Up 4.2 %
IMG opened at C$1.49 on Friday. The stock has a market cap of C$713.71 million and a PE ratio of -2.19. The company has a quick ratio of 0.98, a current ratio of 1.77 and a debt-to-equity ratio of 28.68. IAMGOLD has a 52 week low of C$1.26 and a 52 week high of C$4.74. The business's fifty day simple moving average is C$1.69 and its 200 day simple moving average is C$2.62.
IAMGOLD (TSE:IMG – Get Rating) (NYSE:IAG) last released its earnings results on Wednesday, August 3rd. The mining company reported C($0.02) EPS for the quarter, missing analysts' consensus estimates of C$0.03 by C($0.05). The company had revenue of C$426.30 million during the quarter. As a group, research analysts expect that IAMGOLD will post 0.01 earnings per share for the current fiscal year.About IAMGOLD
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IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa; and Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 586 square kilometer located in Ontario, Canada.
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