Raymond James Has Pessimistic Outlook of IAMGOLD Q1 Earnings

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Analysts at Raymond James reduced their Q1 2025 earnings estimates for shares of IAMGOLD in a research note issued to investors on Monday, February 3rd. Raymond James analyst F. Hamed now forecasts that the mining company will post earnings per share of $0.28 for the quarter, down from their previous estimate of $0.29. 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 $0.28 EPS and FY2025 earnings at $1.13 EPS.

IAMGOLD (TSE:IMG) (NYSE:IAG) last posted its quarterly earnings results on Thursday, November 7th. The mining company reported C$0.24 EPS for the quarter, topping analysts’ consensus estimates of C$0.15 by C$0.09. IAMGOLD had a return on equity of 5.86% and a net margin of 10.36%. During the same period last year, the company earned ($0.01) earnings per share.

Several other equities research analysts have also recently weighed in on the company. Cibc World Mkts upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Canaccord Genuity Group raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 22nd. National Bankshares cut their price target on shares of IAMGOLD from C$12.50 to C$12.00 and set an “outperform” rating for the company in a report on Thursday, January 9th. Stifel Nicolaus upped their price target on shares of IAMGOLD from C$6.00 to C$9.00 in a report on Monday, October 21st. Finally, National Bank Financial raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 9th. 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. Based on data from MarketBeat, IAMGOLD presently has an average rating of “Buy” and a consensus price target of C$8.30.

IAMGOLD Stock Performance

Shares of IMG opened at C$9.27 on Wednesday. IAMGOLD has a 52-week low of C$3.15 and a 52-week high of C$9.68. The stock’s 50-day simple moving average is C$7.94 and its 200 day simple moving average is C$7.22. The company has a debt-to-equity ratio of 35.17, a quick ratio of 1.19 and a current ratio of 1.34. The stock has a market capitalization of C$5.29 billion, a price-to-earnings ratio of 28.97, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47.

Insider Transactions at IAMGOLD

In other IAMGOLD news, Senior Officer Timothy Bradburn sold 16,800 shares of IAMGOLD 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 transaction of C$136,080.00. Also, Director Renaud Adams acquired 36,000 shares of the stock in a transaction dated Tuesday, November 12th. The stock was acquired at an average price of C$6.95 per share, with a total value of C$250,102.80. 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.