IAMGOLD Co. (TSE:IMG) Director Purchases C$38,918.88 in Stock

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) Director Lawrence Peter O’hagan bought 4,800 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was purchased at an average cost of C$8.11 per share, with a total value of C$38,918.88.

IAMGOLD Stock Down 5.7 %

IMG opened at C$7.87 on Friday. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19. IAMGOLD Co. has a 12 month low of C$3.44 and a 12 month high of C$9.68. The stock has a market capitalization of C$3.20 billion, a price-to-earnings ratio of 4.08, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47. The business has a 50-day moving average of C$8.33 and a two-hundred day moving average of C$7.61.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on IMG shares. Cibc World Mkts raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. National Bankshares lifted their price target on IAMGOLD from C$12.00 to C$13.50 and gave the company an “outperform” rating in a report on Tuesday, February 11th. Finally, Raymond James upgraded IAMGOLD from a “strong sell” rating to a “hold” rating in a report on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$8.68.

IAMGOLD Company Profile

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.