National Bank Financial Forecasts IAMGOLD FY2025 Earnings

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

IMG has been the subject of a number of other research reports. Stifel Nicolaus boosted their price objective on IAMGOLD from C$6.00 to C$9.00 in a report on Monday, October 21st. National Bankshares boosted their price target on IAMGOLD from C$12.00 to C$13.50 and gave the company an “outperform” rating in a research note on Tuesday. Cibc World Mkts upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. Raymond James upgraded IAMGOLD from a “strong sell” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, Canaccord Genuity Group upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 22nd. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, IAMGOLD has a consensus rating of “Buy” and an average price target of C$8.68.

IAMGOLD Trading Down 1.5 %

Shares of TSE:IMG opened at C$9.28 on Thursday. IAMGOLD has a 12-month low of C$3.18 and a 12-month high of C$9.68. The stock has a market cap of C$3.77 billion, a PE ratio of 4.82, a P/E/G ratio of -0.28 and a beta of 1.47. The business has a 50 day moving average of C$8.12 and a 200-day moving average of C$7.37. The company has a quick ratio of 1.19, a current ratio of 0.89 and a debt-to-equity ratio of 28.93.

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 transaction of C$125,580.00. Also, Senior Officer Timothy Bradburn sold 16,800 shares of the company’s 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.