IAMGOLD (TSE:IMG – Free Report) (NYSE:IAG) had its price objective boosted by National Bankshares from C$6.25 to C$6.50 in a research report report published on Friday morning, BayStreet.CA reports.
Several other research firms have also issued reports on IMG. Bank of America lifted their target price on IAMGOLD from C$4.40 to C$6.20 in a research note 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 boosted their price target on IAMGOLD from C$3.00 to C$5.25 in a research note on Friday. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, IAMGOLD currently has a consensus rating of Hold and a consensus target price of C$4.92.
IAMGOLD Stock Up 0.6 %
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 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of C$405.19 million during the quarter. Analysts anticipate that IAMGOLD will post 0.0746963 EPS for the current year.
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.
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