National Bank Financial Weighs in on IAMGOLD FY2025 Earnings

IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - National Bank Financial lifted their FY2025 EPS estimates for IAMGOLD in a research report issued on Tuesday, December 17th. National Bank Financial analyst M. Parkin now anticipates that the mining company will earn $1.38 per share for the year, up from their previous forecast of $1.31. 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.

Several other equities research analysts have also commented on IMG. Cibc World Mkts raised shares of IAMGOLD from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. Royal Bank of Canada cut shares of IAMGOLD from a "moderate buy" rating to a "hold" rating in a report on Tuesday, September 10th. Stifel Nicolaus increased their target price on shares of IAMGOLD from C$6.00 to C$9.00 in a research note on Monday, October 21st. National Bankshares lifted their price target on IAMGOLD from C$12.00 to C$12.50 and gave the company an "outperform" rating in a research note on Wednesday. Finally, Canaccord Genuity Group upgraded IAMGOLD from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 22nd. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, IAMGOLD currently has an average rating of "Buy" and an average target price of C$7.39.

IAMGOLD Stock Performance

Shares of TSE:IMG traded down C$0.01 during midday trading on Thursday, reaching C$7.35. The company's stock had a trading volume of 1,393,404 shares, compared to its average volume of 1,531,467. The stock has a fifty day moving average of C$7.58 and a 200 day moving average of C$6.56. The firm has a market capitalization of C$4.19 billion, a PE ratio of 22.97, a P/E/G ratio of -0.28 and a beta of 1.47. The company has a quick ratio of 1.19, a current ratio of 1.34 and a debt-to-equity ratio of 35.17. IAMGOLD has a twelve month low of C$3.00 and a twelve month high of C$8.80.

Insiders Place Their Bets

In other IAMGOLD news, Senior Officer Stephen Eddy sold 16,100 shares of the company's 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, Director Renaud Adams bought 36,000 shares of the business's stock in a transaction on Tuesday, November 12th. The stock was bought at an average cost of C$6.95 per share, with a total value of C$250,102.80. 0.10% of the stock is currently owned by corporate 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.