Q1 Earnings Estimate for IAMGOLD Issued By Stifel Canada

IAMGOLD Co. (NYSE:IAG - Free Report) TSE: IMG - Investment analysts at Stifel Canada issued their Q1 2025 earnings estimates for IAMGOLD in a report released on Monday, April 21st. Stifel Canada analyst I. Rico forecasts that the mining company will post earnings of $0.08 per share for the quarter. The consensus estimate for IAMGOLD's current full-year earnings is $0.67 per share. Stifel Canada also issued estimates for IAMGOLD's FY2025 earnings at $0.68 EPS.

IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG last posted its quarterly earnings data on Thursday, February 20th. The mining company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.05). IAMGOLD had a net margin of 50.19% and a return on equity of 10.64%. The company had revenue of $469.90 million for the quarter, compared to analyst estimates of $498.68 million.

Several other analysts have also recently issued reports on the stock. National Bank Financial raised shares of IAMGOLD to a "strong-buy" rating in a research note on Friday, March 21st. Raymond James reissued a "market perform" rating and set a $8.00 price target on shares of IAMGOLD in a research report on Friday, April 4th. StockNews.com lowered IAMGOLD from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th. Scotiabank lifted their price objective on IAMGOLD from $6.75 to $7.50 and gave the company a "sector perform" rating in a research note on Monday, April 14th. Finally, CIBC reissued an "outperform" rating on shares of IAMGOLD in a research report on Thursday, March 20th. Four equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, IAMGOLD has an average rating of "Moderate Buy" and an average target price of $7.57.

IAMGOLD Trading Down 2.1 %

IAMGOLD stock traded down $0.15 during trading on Tuesday, reaching $7.04. The company had a trading volume of 10,282,192 shares, compared to its average volume of 10,145,362. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.61 and a current ratio of 0.89. The firm has a market capitalization of $4.05 billion, a price-to-earnings ratio of 4.86 and a beta of 1.52. IAMGOLD has a 12-month low of $3.44 and a 12-month high of $8.38. The stock's 50 day moving average price is $6.28 and its two-hundred day moving average price is $5.83.

Institutional Investors Weigh In On IAMGOLD

A number of large investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its holdings in IAMGOLD by 27.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,289,000 shares of the mining company's stock worth $6,654,000 after acquiring an additional 277,000 shares during the period. Cibc World Market Inc. lifted its position in shares of IAMGOLD by 54.0% during the fourth quarter. Cibc World Market Inc. now owns 5,119,599 shares of the mining company's stock worth $26,452,000 after purchasing an additional 1,795,869 shares in the last quarter. Triasima Portfolio Management inc. boosted its stake in shares of IAMGOLD by 44.5% in the fourth quarter. Triasima Portfolio Management inc. now owns 352,315 shares of the mining company's stock valued at $1,820,000 after purchasing an additional 108,524 shares during the period. JPMorgan Chase & Co. grew its holdings in IAMGOLD by 66.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,511,328 shares of the mining company's stock valued at $7,904,000 after purchasing an additional 604,259 shares in the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in IAMGOLD during the 4th quarter valued at $68,000. Institutional investors and hedge funds own 47.08% of the company's stock.

About IAMGOLD

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.