2 weeks Ago By ABMN Staff
IAMGOLD Co. ( NYSE:IAG – Get Free Report ) (TSE:IMG) saw unusually large options trading on Friday. Traders bought 4,720 call options on the company.
This is an increase of 116% compared to the average volume of 2,183 call options. Analyst Upgrades and Downgrades A number of analysts have weighed in on the stock. Raymond James raised shares of IAMGOLD from a “strong sell” rating to a “hold” rating in a research report on Monday, February 3rd.
National Bank Financial upgraded IAMGOLD to a “strong-buy” rating in a report on Friday, March 21st. CIBC reiterated an “outperform” rating on shares of IAMGOLD in a research note on Thursday, March 20th. Cibc World Mkts raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd.
Finally, StockNews.com downgraded shares of IAMGOLD from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock.
According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $6.90. View Our Latest Report on IAG Hedge Funds Weigh In On IAMGOLD IAMGOLD Trading Down 2.
3 % IAG opened at $6.29 on Friday. The firm has a market capitalization of $3.
60 billion, a PE ratio of 4.33 and a beta of 1.63.
The company has a debt-to-equity ratio of 0.24, a current ratio of 0.89 and a quick ratio of 0.
61. IAMGOLD has a fifty-two week low of $3.44 and a fifty-two week high of $6.
69. The company’s 50-day moving average is $5.99 and its 200 day moving average is $5.
59. IAMGOLD ( NYSE:IAG – Get Free Report ) (TSE:IMG) last posted its earnings results on Thursday, February 20th. The mining company reported $0.
10 earnings per share 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 during the quarter, compared to the consensus estimate of $498.68 million.
As a group, research analysts predict that IAMGOLD will post 0.67 earnings per share for the current fiscal year. IAMGOLD Company Profile ( Get Free Report ) 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. Further Reading Receive News & Ratings for IAMGOLD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IAMGOLD and related companies with MarketBeat.com's FREE daily email newsletter .
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