Research Analysts Set Expectations for IAMGOLD Q1 Earnings

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Equities research analysts at Raymond James raised their Q1 2025 earnings per share estimates for IAMGOLD in a report issued on Thursday, December 5th. Raymond James analyst F. Hamed now expects that the mining company will post earnings per share of $0.25 for the quarter, up from their previous estimate of $0.24. The consensus estimate for IAMGOLD’s current full-year earnings is $0.58 per share. Raymond James also issued estimates for IAMGOLD’s Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.25 EPS and FY2025 earnings at $1.01 EPS.

Several other research firms also recently weighed in on IAG. Scotiabank lifted their price objective on IAMGOLD from $4.75 to $5.50 and gave the company a “sector perform” rating in a report on Monday, August 19th. Canaccord Genuity Group upgraded IAMGOLD from a “hold” rating to a “buy” rating and lifted their price objective for the company from $7.75 to $10.50 in a report on Tuesday, October 22nd. Cibc World Mkts upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. Royal Bank of Canada restated a “sector perform” rating and issued a $6.00 price objective on shares of IAMGOLD in a report on Tuesday, October 22nd. Finally, CIBC upgraded shares of IAMGOLD from a “neutral” rating to a “sector outperform” rating in a report on Monday, December 2nd. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $6.68.

IAMGOLD Stock Performance

IAG stock opened at $5.63 on Monday. 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 business has a 50-day moving average price of $5.37 and a 200 day moving average price of $4.73. The company has a market capitalization of $3.21 billion, a P/E ratio of 4.39 and a beta of 1.56. IAMGOLD has a 1-year low of $2.11 and a 1-year high of $6.37.

Institutional Investors Weigh In On IAMGOLD

Large investors have recently modified their holdings of the business. ORG Partners LLC purchased a new stake in shares of IAMGOLD during the third quarter worth about $29,000. Eastern Bank purchased a new stake in shares of IAMGOLD during the third quarter worth about $30,000. TIAA Trust National Association purchased a new stake in shares of IAMGOLD during the second quarter worth about $38,000. Cetera Advisors LLC purchased a new stake in shares of IAMGOLD during the first quarter worth about $50,000. Finally, WINTON GROUP Ltd purchased a new stake in shares of IAMGOLD during the second quarter worth about $52,000. Hedge funds and other institutional investors own 47.08% of the company’s stock.

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.