IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - Equities researchers at National Bank Financial lifted their FY2026 earnings per share (EPS) estimates for shares of IAMGOLD in a report issued on Tuesday, December 17th. National Bank Financial analyst M. Parkin now expects that the mining company will earn $1.68 per share for the year, up from their prior forecast of $1.58. National Bank Financial currently 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 have also recently issued reports about the company. Canaccord Genuity Group upgraded IAMGOLD from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 22nd. Cibc World Mkts upgraded shares of IAMGOLD from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. Stifel Nicolaus increased their target price on shares of IAMGOLD from C$6.00 to C$9.00 in a research report on Monday, October 21st. National Bankshares boosted their price target on shares of IAMGOLD from C$12.00 to C$12.50 and gave the stock an "outperform" rating in a research report on Wednesday. Finally, Royal Bank of Canada lowered shares of IAMGOLD from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, September 10th. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$8.43.
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IAMGOLD Stock Performance
Shares of IMG stock traded up C$0.11 during trading hours on Friday, reaching C$7.46. The stock had a trading volume of 2,817,655 shares, compared to its average volume of 1,536,675. The firm has a 50-day simple moving average of C$7.58 and a 200-day simple moving average of C$6.56. The firm has a market capitalization of C$4.25 billion, a PE ratio of 23.31, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47. The company has a debt-to-equity ratio of 35.17, a current ratio of 1.34 and a quick ratio of 1.19. IAMGOLD has a twelve month low of C$3.00 and a twelve month high of C$8.80.
Insider Buying and Selling at IAMGOLD
In related news, Director Renaud Adams purchased 36,000 shares of the company's stock in a transaction that occurred on Tuesday, November 12th. The shares were purchased at an average price of C$6.95 per share, with a total value of C$250,102.80. Also, Senior Officer Timothy Bradburn sold 16,800 shares of the firm's stock in a transaction dated Monday, December 9th. The stock was sold at an average price of C$8.10, for a total transaction of C$136,080.00. 0.10% of the stock is owned by corporate insiders.
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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