National Bank Financial Weighs in on IAMGOLD FY2025 Earnings

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

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

IAMGOLD Stock Performance

IMG opened at C$8.98 on Thursday. The company has a quick ratio of 1.19, a current ratio of 0.89 and a debt-to-equity ratio of 28.93. The company has a market cap of C$3.65 billion, a price-to-earnings ratio of 4.66, a PEG ratio of -0.28 and a beta of 1.47. IAMGOLD has a 52-week low of C$3.22 and a 52-week high of C$9.68. The firm’s fifty day simple moving average is C$8.15 and its two-hundred day simple moving average is C$7.39.

Insider Buying and Selling

In other IAMGOLD news, Senior Officer Timothy Bradburn sold 16,800 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$8.10, for a total transaction of C$136,080.00. Also, Senior Officer Stephen Eddy sold 16,100 shares of the firm’s stock in a transaction that occurred 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. 0.10% of the stock is owned by company insiders.

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.