National Bank Financial Comments on IAMGOLD FY2025 Earnings

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Analysts at National Bank Financial lifted their FY2025 earnings estimates for IAMGOLD in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst M. Sidibe now expects that the mining company will earn $1.32 per share for the year, up from their previous estimate of $1.21. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. National Bank Financial also issued estimates for IAMGOLD’s FY2025 earnings at $1.32 EPS, FY2026 earnings at $2.07 EPS and FY2026 earnings at $2.07 EPS.

Several other analysts also recently commented on the stock. BMO Capital Markets upgraded shares of IAMGOLD to a “strong-buy” rating in a report on Wednesday, April 16th. Stifel Nicolaus increased their target price on shares of IAMGOLD from C$9.50 to C$11.00 in a research report on Monday, April 21st. National Bankshares raised their price objective on shares of IAMGOLD from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research report on Tuesday, June 24th. Finally, Raymond James Financial upgraded shares of IAMGOLD to a “hold” rating in a research report on Monday, June 30th. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of C$11.00.

IAMGOLD Stock Performance

IMG opened at C$9.47 on Friday. The company has a current ratio of 0.89, a quick ratio of 1.19 and a debt-to-equity ratio of 28.93. The company’s fifty day moving average price is C$9.72 and its two-hundred day moving average price is C$9.15. IAMGOLD has a 1-year low of C$4.90 and a 1-year high of C$11.63. The company has a market cap of C$3.85 billion, a price-to-earnings ratio of 4.91, a PEG ratio of -0.28 and a beta of 1.47.

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.