Raymond James Analysts Boost Earnings Estimates for IAMGOLD

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Investment analysts at Raymond James boosted their Q1 2025 EPS estimates for shares of IAMGOLD in a research note issued on Thursday, December 5th. Raymond James analyst F. Hamed now forecasts that the mining company will earn $0.25 per share for the quarter, up from their prior forecast of $0.24. The consensus estimate for IAMGOLD’s current full-year earnings is $0.58 per share. Raymond James also issued estimates for IAMGOLD’s Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.25 EPS and FY2025 earnings at $1.01 EPS.

A number of other equities analysts also recently commented on IAG. CIBC raised shares of IAMGOLD from a “neutral” rating to a “sector outperform” rating in a report on Monday, December 2nd. Canaccord Genuity Group upgraded shares of IAMGOLD from a “hold” rating to a “buy” rating and raised their price target for the stock from $7.75 to $10.50 in a research note on Tuesday, October 22nd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $6.00 price objective on shares of IAMGOLD in a research note on Tuesday, October 22nd. Canaccord Genuity Group upgraded IAMGOLD from a “hold” rating to a “buy” rating in a research report on Tuesday, October 22nd. Finally, StockNews.com raised IAMGOLD from a “hold” rating to a “buy” rating in a research note on Monday, November 11th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $6.68.

IAMGOLD Stock Down 4.3 %

Shares of IAG stock opened at $5.35 on Monday. The stock has a market cap of $3.06 billion, a P/E ratio of 4.18 and a beta of 1.56. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.89 and a quick ratio of 0.61. The stock has a fifty day moving average price of $5.36 and a 200 day moving average price of $4.71. IAMGOLD has a one year low of $2.11 and a one year high of $6.37.

Institutional Trading of IAMGOLD

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. ORG Partners LLC bought a new position in IAMGOLD in the 3rd quarter worth approximately $29,000. Eastern Bank bought a new stake in shares of IAMGOLD during the third quarter worth $30,000. TIAA Trust National Association acquired a new position in shares of IAMGOLD during the second quarter valued at $38,000. Cetera Advisors LLC bought a new position in IAMGOLD in the first quarter valued at about $50,000. Finally, WINTON GROUP Ltd acquired a new stake in IAMGOLD in the second quarter worth about $52,000. 47.08% of the stock is currently owned by institutional investors and hedge funds.

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.