Research Analysts Set Expectations for IAMGOLD Q1 Earnings

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Equities researchers at Cormark lowered their Q1 2025 earnings estimates for shares of IAMGOLD in a report issued on Wednesday, February 26th. Cormark analyst R. Gray now anticipates that the mining company will post earnings of $0.06 per share for the quarter, down from their previous forecast of $0.12. The consensus estimate for IAMGOLD’s current full-year earnings is $0.67 per share. Cormark also issued estimates for IAMGOLD’s Q2 2025 earnings at $0.06 EPS and Q3 2025 earnings at $0.09 EPS.

IAMGOLD (NYSE:IAG) (TSE:IMG) last announced its quarterly earnings results on Thursday, February 20th. The mining company reported $0.10 EPS 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 firm had revenue of $469.90 million for the quarter, compared to the consensus estimate of $498.68 million.

A number of other equities research analysts also recently issued reports on the stock. StockNews.com downgraded shares of IAMGOLD from a “buy” rating to a “hold” rating in a research note on Thursday. Cibc World Mkts upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Raymond James upgraded IAMGOLD from a “strong sell” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, CIBC upgraded IAMGOLD from a “neutral” rating to a “sector outperform” rating in a report on Monday, December 2nd. Four equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.57.

IAMGOLD Stock Up 1.2 %

Shares of IAG opened at $5.51 on Thursday. The business’s 50 day simple moving average is $5.81 and its 200-day simple moving average is $5.46. IAMGOLD has a 1 year low of $2.56 and a 1 year high of $6.69. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.89 and a quick ratio of 0.61. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 3.80 and a beta of 1.56.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tobam bought a new position in shares of IAMGOLD during the fourth quarter valued at approximately $25,000. Blue Trust Inc. lifted its holdings in IAMGOLD by 157.1% during the fourth quarter. Blue Trust Inc. now owns 9,018 shares of the mining company’s stock worth $47,000 after buying an additional 5,511 shares during the period. Raab & Moskowitz Asset Management LLC bought a new stake in IAMGOLD during the 4th quarter valued at $56,000. Atria Wealth Solutions Inc. purchased a new position in shares of IAMGOLD in the 4th quarter valued at $68,000. Finally, International Assets Investment Management LLC bought a new position in shares of IAMGOLD in the 3rd quarter worth $700,000. 47.08% of the stock is currently owned by institutional investors.

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.