IAMGOLD (IAG) Projected to Post Earnings on Thursday

IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG is anticipated to post its Q4 2024 quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect IAMGOLD to post earnings of $0.15 per share and revenue of $498.68 million for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG last issued its earnings results 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 firm had revenue of $469.90 million during the quarter, compared to analyst estimates of $498.68 million. IAMGOLD had a return on equity of 10.01% and a net margin of 49.56%. On average, analysts expect IAMGOLD to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

IAMGOLD Stock Down 9.0 %

Shares of IAG traded down $0.57 during trading hours on Friday, hitting $5.75. 18,239,442 shares of the company were exchanged, compared to its average volume of 12,376,547. The company has a market cap of $3.28 billion, a PE ratio of 4.49 and a beta of 1.56. The firm's 50 day moving average is $5.76 and its 200-day moving average is $5.39. IAMGOLD has a 52 week low of $2.51 and a 52 week high of $6.69. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 0.89.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. CIBC raised IAMGOLD from a "neutral" rating to a "sector outperform" rating in a report on Monday, December 2nd. StockNews.com raised IAMGOLD from a "hold" rating to a "buy" rating in a report on Thursday, February 6th. Raymond James raised IAMGOLD from a "strong sell" rating to a "hold" rating in a report on Monday, February 3rd. Finally, Cibc World Mkts raised IAMGOLD from a "hold" rating to a "strong-buy" rating in a report on Monday, December 2nd. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $6.57.

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.