IAMGOLD FY2026 EPS Boosted by National Bank Financial

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Stock analysts at National Bank Financial lifted their FY2026 earnings per share estimates for shares of IAMGOLD in a research note issued on Tuesday, December 17th. National Bank Financial analyst M. Parkin now forecasts that the mining company will post earnings of $1.68 per share for the year, up from their previous estimate of $1.58. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share.

Other analysts also recently issued research reports about the stock. Cibc World Mkts raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Stifel Nicolaus upped their target price on shares of IAMGOLD from C$6.00 to C$9.00 in a report on Monday, October 21st. Canaccord Genuity Group raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 22nd. National Bankshares boosted their price objective on IAMGOLD from C$12.00 to C$12.50 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Royal Bank of Canada cut IAMGOLD from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, September 10th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$8.43.

IAMGOLD Stock Up 1.5 %

Shares of TSE IMG opened at C$7.46 on Friday. IAMGOLD has a 12-month low of C$3.00 and a 12-month high of C$8.80. 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 market cap of C$4.25 billion, a PE ratio of 23.31, a P/E/G ratio of -0.28 and a beta of 1.47. The company’s fifty day simple moving average is C$7.60 and its 200 day simple moving average is C$6.58.

Insider Buying and Selling

In related news, Director Renaud Adams bought 36,000 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were acquired at an average cost of C$6.95 per share, with a total value of C$250,102.80. Also, Senior Officer Stephen Eddy sold 16,100 shares of IAMGOLD stock in a transaction 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. 0.10% of the stock is owned by insiders.

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.