Raymond James Issues Positive Estimate for IAMGOLD Earnings

IAMGOLD Co. (TSE:IMG - Free Report) NYSE: IAG - Raymond James increased their Q1 2025 earnings per share (EPS) estimates for IAMGOLD in a report released on Thursday, December 5th. Raymond James analyst F. Hamed now anticipates that the mining company will post earnings of $0.35 per share for the quarter, up from their previous forecast of $0.33. The consensus estimate for IAMGOLD's current full-year earnings is $1.11 per share. Raymond James also issued estimates for IAMGOLD's Q2 2025 earnings at $0.35 EPS, Q3 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.35 EPS and FY2025 earnings at $1.41 EPS.

IMG has been the topic of a number of other reports. Stifel Nicolaus lifted their price objective on shares of IAMGOLD from C$6.00 to C$9.00 in a report on Monday, October 21st. Royal Bank of Canada downgraded shares of IAMGOLD from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, September 10th. Cibc World Mkts upgraded shares of IAMGOLD from a "hold" rating to a "strong-buy" rating in a research note on Monday, December 2nd. National Bank Financial upgraded shares of IAMGOLD from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 9th. Finally, National Bankshares upped their price target on IAMGOLD from C$11.00 to C$12.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of C$7.29.

IAMGOLD Stock Up 3.8 %

TSE IMG traded up C$0.29 during trading on Monday, reaching C$7.86. 2,894,423 shares of the company's stock traded hands, compared to its average volume of 1,533,920. IAMGOLD has a 12-month low of C$2.87 and a 12-month high of C$8.80. The company has a debt-to-equity ratio of 35.17, a current ratio of 1.34 and a quick ratio of 1.19. The firm has a market cap of C$4.48 billion, a price-to-earnings ratio of 24.56, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47. The company's 50 day simple moving average is C$7.45 and its two-hundred day simple moving average is C$6.47.

Insiders Place Their Bets

In other news, Senior Officer Stephen Eddy sold 16,100 shares of the company's stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of C$7.80, for a total value of C$125,580.00. Also, Senior Officer Timothy Bradburn sold 16,800 shares of the stock in a transaction 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. Corporate insiders own 0.10% of the company's stock.

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.