Iamgold (NYSE:IAG) (TSE:IMG)‘s stock had its “average” rating restated by stock analysts at CIBC in a research note issued on Sunday, AnalystRatings.com reports.
IAG has been the topic of several other reports. Raymond James reissued a “market perform” rating and set a $4.00 target price on shares of Iamgold in a research note on Wednesday, May 8th. Royal Bank of Canada dropped their price target on shares of Iamgold from $5.00 to $3.25 and set a “sector perform” rating on the stock in a research note on Tuesday, May 21st. Zacks Investment Research raised shares of Iamgold from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 26th. BMO Capital Markets downgraded shares of Iamgold from an “outperform” rating to a “market perform” rating in a research note on Monday, May 6th. Finally, ValuEngine raised shares of Iamgold from a “sell” rating to a “hold” rating in a research note on Friday, June 21st. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $4.18.
Shares of NYSE:IAG opened at $3.93 on Friday. The firm’s fifty day moving average price is $3.50. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.11 and a current ratio of 4.18. Iamgold has a 12-month low of $2.28 and a 12-month high of $5.58. The firm has a market cap of $1.75 billion, a P/E ratio of 65.50, a P/E/G ratio of 31.08 and a beta of 0.05.
Iamgold Company Profile
IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine in Burkina Faso, West Africa; the Westwood mine in Quebec, Canada; and the Sadiola mine located in Mali, West Africa.
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