Raymond James Issues Negative Estimate for IAMGOLD Earnings

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Investment analysts at Raymond James dropped their Q1 2025 earnings per share estimates for IAMGOLD in a research note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now anticipates that the mining company will earn $0.18 per share for the quarter, down from their previous forecast of $0.28. Raymond James has a “Hold” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. Raymond James also issued estimates for IAMGOLD’s Q3 2025 earnings at $0.17 EPS.

Other equities research analysts have also recently issued research reports about the stock. National Bankshares increased their price target on shares of IAMGOLD from C$12.00 to C$13.50 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Cibc World Mkts upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Two analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat.com, IAMGOLD presently has a consensus rating of “Buy” and a consensus price target of C$8.68.

IAMGOLD Trading Up 1.2 %

TSE IMG opened at C$8.13 on Thursday. The company has a current ratio of 0.89, a quick ratio of 1.19 and a debt-to-equity ratio of 28.93. IAMGOLD has a 1-year low of C$3.88 and a 1-year high of C$9.68. The stock has a 50-day moving average of C$8.37 and a 200-day moving average of C$7.68. The firm has a market cap of C$3.30 billion, a PE ratio of 4.22, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47.

Insider Buying and Selling

In other IAMGOLD news, Director Renaud Adams bought 35,000 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was acquired at an average cost of C$8.08 per share, for a total transaction of C$282,660.00. Also, Director Lawrence Peter O’hagan acquired 4,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were bought at an average price of C$8.11 per share, with a total value of C$38,918.88. Over the last 90 days, insiders have acquired 40,800 shares of company stock worth $329,549. 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.