IAMGOLD FY2025 EPS Increased by National Bank Financial

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Stock analysts at National Bank Financial increased their FY2025 earnings estimates for shares of IAMGOLD in a research note issued on Tuesday, December 17th. National Bank Financial analyst M. Parkin now expects that the mining company will post earnings of $1.38 per share for the year, up from their prior forecast of $1.31. 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.

Other equities analysts have also issued reports about the stock. Canaccord Genuity Group upgraded shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 22nd. Royal Bank of Canada lowered shares of IAMGOLD from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, September 10th. Cibc World Mkts raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. Stifel Nicolaus upped their target price on IAMGOLD from C$6.00 to C$9.00 in a research note on Monday, October 21st. Finally, National Bankshares lifted their price target on IAMGOLD from C$12.00 to C$12.50 and gave the company an “outperform” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$7.39.

IAMGOLD Stock Performance

Shares of TSE:IMG traded up C$0.04 during midday trading on Thursday, reaching C$7.40. 212,339 shares of the company traded hands, compared to its average volume of 1,526,035. IAMGOLD has a 12 month low of C$3.00 and a 12 month high of C$8.80. The firm’s fifty day moving average price is C$7.56 and its two-hundred day moving average price is C$6.55. The company has a quick ratio of 1.19, a current ratio of 1.34 and a debt-to-equity ratio of 35.17. The firm has a market capitalization of C$4.22 billion, a price-to-earnings ratio of 23.13, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47.

Insiders Place Their Bets

In other IAMGOLD news, Director Renaud Adams acquired 36,000 shares of the company’s stock in a transaction on Tuesday, November 12th. The stock was acquired at an average price of C$6.95 per share, for a total transaction of C$250,102.80. Also, Senior Officer Timothy Bradburn sold 16,800 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of C$8.10, for a total value of C$136,080.00. Insiders own 0.10% of the company’s stock.

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.