Brokers Issue Forecasts for IAMGOLD Co.’s Q1 2022 Earnings (TSE:IMG)

IAMGOLD Co. (TSE:IMGGet Rating) (NYSE:IAG) – National Bank Financial issued their Q1 2022 EPS estimates for shares of IAMGOLD in a report issued on Tuesday, April 19th. National Bank Financial analyst M. Parkin expects that the mining company will post earnings of $0.00 per share for the quarter. National Bank Financial currently has a “Outperform” rating and a $4.50 target price on the stock.

Several other research analysts have also recently weighed in on IMG. Canaccord Genuity Group increased their price objective on IAMGOLD from C$3.50 to C$4.00 in a research report on Friday, March 4th. Royal Bank of Canada cut IAMGOLD from a “sector perform” rating to a “sell” rating and set a C$2.00 price target on the stock. in a research report on Wednesday. National Bankshares lifted their price target on IAMGOLD from C$5.00 to C$5.50 in a research note on Wednesday. BMO Capital Markets lowered IAMGOLD from an “outperform” rating to a “hold” rating and set a C$2.75 price target on the stock. in a research note on Monday. Finally, TD Securities lifted their price objective on IAMGOLD from C$5.00 to C$5.50 in a research note on Wednesday, January 26th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$4.04.

IMG stock opened at C$4.13 on Thursday. The company has a debt-to-equity ratio of 22.87, a current ratio of 1.64 and a quick ratio of 1.03. The stock has a market capitalization of C$1.98 billion and a price-to-earnings ratio of -6.14. The business’s fifty day moving average price is C$4.21 and its two-hundred day moving average price is C$3.79. IAMGOLD has a fifty-two week low of C$2.75 and a fifty-two week high of C$4.74.

IAMGOLD (TSE:IMGGet Rating) (NYSE:IAG) last announced its quarterly earnings results on Wednesday, February 23rd. The mining company reported C$0.11 earnings per share (EPS) for the quarter. The business had revenue of C$371.42 million for the quarter.

In other news, Senior Officer Peter Gordon Stothart acquired 22,057 shares of the firm’s stock in a transaction dated Tuesday, March 15th. The stock was purchased at an average price of C$4.28 per share, for a total transaction of C$94,403.96. Following the completion of the acquisition, the insider now directly owns 438,227 shares in the company, valued at approximately C$1,875,611.56. Also, Senior Officer Benjamin Richard Little sold 22,000 shares of the company’s stock in a transaction on Monday, February 28th. The stock was sold at an average price of C$3.73, for a total value of C$82,060.00. Following the sale, the insider now owns 38,617 shares of the company’s stock, valued at approximately C$144,041.41.

About IAMGOLD (Get Rating)

IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa; and Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 586 square kilometer located in Ontario, Canada.

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Earnings History and Estimates for IAMGOLD (TSE:IMG)

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