IAMGOLD Co. (TSE:IMG – Free Report) (NYSE:IAG) – Stock analysts at National Bank Financial boosted their FY2025 EPS estimates for shares of IAMGOLD in a research report issued to clients and investors on Wednesday, May 7th. National Bank Financial analyst M. Sidibe now expects that the mining company will post earnings of $1.26 per share for the year, up from their previous forecast of $1.22. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. National Bank Financial also issued estimates for IAMGOLD’s FY2026 earnings at $1.75 EPS.
IMG has been the topic of several other reports. BMO Capital Markets raised shares of IAMGOLD to a “strong-buy” rating in a report on Wednesday, April 16th. Stifel Nicolaus upped their price objective on IAMGOLD from C$9.50 to C$11.00 in a research note on Monday, April 21st. Raymond James upgraded IAMGOLD from a “strong sell” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, National Bankshares lifted their price objective on shares of IAMGOLD from C$13.50 to C$15.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 2nd. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, IAMGOLD has an average rating of “Buy” and a consensus price target of C$10.67.
IAMGOLD Stock Up 2.7 %
Shares of IAMGOLD stock opened at C$9.78 on Friday. IAMGOLD has a 1 year low of C$4.86 and a 1 year high of C$11.63. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19. The stock has a market cap of C$3.97 billion, a price-to-earnings ratio of 5.08, a PEG ratio of -0.28 and a beta of 1.47. The firm’s 50-day moving average is C$9.20 and its two-hundred day moving average is C$8.43.
Insider Activity at IAMGOLD
In other news, Director Renaud Adams bought 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average price of C$8.08 per share, with a total value of C$282,660.00. Also, Director Lawrence Peter O’hagan purchased 4,800 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The stock was acquired at an average price of C$8.11 per share, for a total transaction of C$38,918.88. Insiders purchased 45,800 shares of company stock valued at $370,999 in the last three months. 0.10% of the stock is owned by insiders.
About IAMGOLD
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.
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