Shares of IAMGOLD Co. (TSE:IMG - Get Free Report) NYSE: IAG have been assigned a consensus rating of "Buy" from the six ratings firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$7.29.
A number of equities analysts have commented on IMG shares. Royal Bank of Canada lowered IAMGOLD from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, September 10th. Canaccord Genuity Group upgraded shares of IAMGOLD from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, October 22nd. National Bank Financial upgraded shares of IAMGOLD from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 9th. Stifel Nicolaus increased their price target on shares of IAMGOLD from C$6.00 to C$9.00 in a research report on Monday, October 21st. Finally, National Bankshares boosted their price objective on shares of IAMGOLD from C$11.00 to C$12.00 and gave the company an "outperform" rating in a research report on Wednesday, October 23rd.
Check Out Our Latest Stock Report on IAMGOLD
Insider Buying and Selling at IAMGOLD
In related news, Senior Officer Stephen Eddy sold 16,100 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of C$7.80, for a total value of C$125,580.00. Also, Senior Officer Bruno Lemelin sold 14,000 shares of the company's stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of C$7.09, for a total value of C$99,206.80. Company insiders own 0.10% of the company's stock.
IAMGOLD Stock Performance
Shares of TSE IMG traded up C$0.13 during mid-day trading on Thursday, reaching C$7.92. 860,614 shares of the company were exchanged, compared to its average volume of 1,542,376. IAMGOLD has a twelve month low of C$2.87 and a twelve month high of C$8.80. The stock has a market capitalization of C$4.52 billion, a P/E ratio of 24.34, a P/E/G ratio of -0.28 and a beta of 1.47. The company's 50-day simple moving average is C$7.32 and its 200-day simple moving average is C$6.27. The company has a quick ratio of 1.19, a current ratio of 1.34 and a debt-to-equity ratio of 35.17.
About IAMGOLD
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Get Free ReportIAMGOLD 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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