IAMGOLD (TSE:IMG – Free Report) (NYSE:IAG) had its price target boosted by National Bankshares from C$6.25 to C$6.50 in a research note released on Friday, BayStreet.CA reports.
IMG has been the topic of a number of other research reports. Bank of America increased their price objective on IAMGOLD from C$4.40 to C$6.20 in a report on Tuesday, April 9th. National Bank Financial restated a sector perform spec overwgt rating on shares of IAMGOLD in a research note on Monday, April 8th. Finally, Stifel Nicolaus raised their price target on IAMGOLD from C$3.00 to C$5.25 in a research note on Friday. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of Hold and a consensus price target of C$4.92.
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IAMGOLD Price Performance
IAMGOLD (TSE:IMG – Get Free Report) (NYSE:IAG) last released its quarterly earnings data on Thursday, February 15th. The mining company reported C$0.08 EPS for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.06. IAMGOLD had a return on equity of 4.36% and a net margin of 9.55%. The business had revenue of C$405.19 million for the quarter. Analysts anticipate that IAMGOLD will post 0.0746963 earnings per share for the current fiscal year.
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.
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