National Bank Financial Weighs in on IAMGOLD FY2025 Earnings

IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - Analysts at National Bank Financial upped their FY2025 earnings estimates for IAMGOLD in a report issued on Monday, February 10th. National Bank Financial analyst M. Parkin now forecasts that the mining company will post earnings per share of $1.17 for the year, up from their prior estimate of $1.14. The consensus estimate for IAMGOLD's current full-year earnings is $1.11 per share.

A number of other research firms have also commented on IMG. National Bankshares raised their price objective on shares of IAMGOLD from C$12.00 to C$13.50 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Raymond James upgraded shares of IAMGOLD from a "strong sell" rating to a "hold" rating in a research report on Monday, February 3rd. Canaccord Genuity Group upgraded shares of 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 report on Monday, December 2nd. Finally, Stifel Nicolaus raised their price objective on shares of IAMGOLD from C$6.00 to C$9.00 in a research report on Monday, October 21st. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, IAMGOLD has an average rating of "Buy" and a consensus target price of C$8.68.

IAMGOLD Stock Performance

TSE:IMG traded down C$0.30 on Thursday, reaching C$8.98. 1,706,347 shares of the company's stock were exchanged, compared to its average volume of 1,790,552. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19. The firm has a market cap of C$3.65 billion, a price-to-earnings ratio of 4.66, a P/E/G ratio of -0.28 and a beta of 1.47. IAMGOLD has a 52 week low of C$3.22 and a 52 week high of C$9.68. The stock has a fifty day simple moving average of C$8.17 and a 200-day simple moving average of C$7.45.

Insider Buying and Selling at IAMGOLD

In other IAMGOLD news, Senior Officer Stephen Eddy sold 16,100 shares of IAMGOLD stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of C$7.80, for a total transaction of C$125,580.00. Also, Senior Officer Timothy Bradburn sold 16,800 shares of IAMGOLD stock in a transaction that occurred on 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 currently owned by company 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.