IAMGOLD FY2025 EPS Raised by National Bank Financial

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Analysts at National Bank Financial raised their FY2025 earnings estimates for shares of IAMGOLD in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst M. Parkin now forecasts that the mining company will post earnings of $1.17 per share for the year, up from their previous estimate of $1.14. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share.

A number of other research firms have also recently issued reports on IMG. Canaccord Genuity Group upgraded shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 22nd. National Bankshares upped their target price on shares of IAMGOLD from C$12.00 to C$13.50 and gave the stock an “outperform” rating in a research report on Tuesday. Raymond James raised shares of IAMGOLD from a “strong sell” rating to a “hold” rating in a research note on Monday, February 3rd. Stifel Nicolaus boosted their price objective on shares of IAMGOLD from C$6.00 to C$9.00 in a research report on Monday, October 21st. Finally, Cibc World Mkts raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$8.68.

IAMGOLD Trading Up 3.3 %

Shares of IMG stock opened at C$9.42 on Thursday. The company has a market capitalization of C$5.37 billion, a P/E ratio of 29.44, a P/E/G ratio of -0.28 and a beta of 1.47. IAMGOLD has a 12-month low of C$3.15 and a 12-month high of C$9.68. 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 50-day moving average price of C$8.12 and a 200 day moving average price of C$7.37.

Insider Transactions at IAMGOLD

In other IAMGOLD news, Senior Officer Timothy Bradburn sold 16,800 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of C$8.10, for a total value of C$136,080.00. Also, Senior Officer Stephen Eddy sold 16,100 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$7.80, for a total value of C$125,580.00. Corporate insiders own 0.10% of the company’s stock.

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.