IAMGOLD Co. (NYSE:IAG - Free Report) TSE: IMG - Equities research analysts at Cormark decreased their FY2025 earnings per share estimates for IAMGOLD in a note issued to investors on Wednesday, February 26th. Cormark analyst R. Gray now expects that the mining company will post earnings per share of $0.31 for the year, down from their previous estimate of $0.62. The consensus estimate for IAMGOLD's current full-year earnings is $0.67 per share. Cormark also issued estimates for IAMGOLD's Q4 2025 earnings at $0.10 EPS and FY2026 earnings at $0.69 EPS.
IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG last released its quarterly earnings data on Thursday, February 20th. The mining company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.05). The business had revenue of $469.90 million during the quarter, compared to analysts' expectations of $498.68 million. IAMGOLD had a return on equity of 10.64% and a net margin of 50.19%.
A number of other brokerages have also recently issued reports on IAG. CIBC raised shares of IAMGOLD from a "neutral" rating to a "sector outperform" rating in a research note on Monday, December 2nd. Raymond James upgraded IAMGOLD from a "strong sell" rating to a "hold" rating in a research note on Monday, February 3rd. Cibc World Mkts upgraded IAMGOLD from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. Finally, StockNews.com lowered IAMGOLD from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, IAMGOLD presently has an average rating of "Moderate Buy" and an average target price of $6.57.
Check Out Our Latest Stock Analysis on IAG
IAMGOLD Stock Up 0.1 %
Shares of IAG traded up $0.01 on Friday, hitting $5.55. 11,164,974 shares of the stock traded hands, compared to its average volume of 12,086,975. IAMGOLD has a one year low of $2.83 and a one year high of $6.69. The business has a 50 day simple moving average of $5.81 and a 200 day simple moving average of $5.48. The company has a market capitalization of $3.17 billion, a PE ratio of 3.82 and a beta of 1.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 0.89.
Institutional Trading of IAMGOLD
A number of institutional investors and hedge funds have recently added to or reduced their stakes in IAG. Allspring Global Investments Holdings LLC lifted its holdings in IAMGOLD by 27.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,289,000 shares of the mining company's stock worth $6,654,000 after buying an additional 277,000 shares during the last quarter. BNP Paribas Financial Markets grew its stake in IAMGOLD by 368.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,521,670 shares of the mining company's stock valued at $7,772,000 after acquiring an additional 1,196,564 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in IAMGOLD by 158.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 4,636,087 shares of the mining company's stock valued at $24,301,000 after purchasing an additional 2,839,556 shares during the last quarter. Van ECK Associates Corp lifted its position in IAMGOLD by 8.8% during the third quarter. Van ECK Associates Corp now owns 52,894,690 shares of the mining company's stock worth $276,639,000 after buying an additional 4,267,084 shares during the period. Finally, Cibc World Market Inc. grew its position in IAMGOLD by 54.0% during the fourth quarter. Cibc World Market Inc. now owns 5,119,599 shares of the mining company's stock valued at $26,452,000 after acquiring an additional 1,795,869 shares during the period. Hedge funds and other institutional investors own 47.08% of the company's stock.
About IAMGOLD
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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.
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