IAMGOLD FY2025 EPS Raised by National Bank Financial

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

IMG has been the topic of several other research reports. Stifel Nicolaus lifted their price target on IAMGOLD from C$6.00 to C$9.00 in a research note on Monday, October 21st. Canaccord Genuity Group raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 22nd. Raymond James raised IAMGOLD from a “strong sell” rating to a “hold” rating in a research report on Monday, February 3rd. Cibc World Mkts raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Finally, National Bankshares lifted their target price on IAMGOLD from C$12.00 to C$13.50 and gave the company an “outperform” rating in a research report on Tuesday. 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.com, the company currently has an average rating of “Buy” and a consensus target price of C$8.68.

IAMGOLD Stock Performance

IMG opened at C$9.28 on Thursday. The business’s 50-day moving average price is C$8.12 and its two-hundred day moving average price is C$7.37. IAMGOLD has a 1 year low of C$3.18 and a 1 year high of C$9.68. The company has a market capitalization of C$3.77 billion, a price-to-earnings ratio of 4.82, a P/E/G ratio of -0.28 and a beta of 1.47. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19.

Insider Activity at IAMGOLD

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

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.