Stifel Canada Weighs in on IAMGOLD’s Q1 Earnings (TSE:IMG)

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Equities researchers at Stifel Canada issued their Q1 2025 earnings per share (EPS) estimates for shares of IAMGOLD in a note issued to investors on Monday, April 21st. Stifel Canada analyst I. Rico anticipates that the mining company will earn $0.11 per share for the quarter. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. Stifel Canada also issued estimates for IAMGOLD’s FY2025 earnings at $0.95 EPS.

A number of other research firms have also recently issued reports on IMG. Stifel Nicolaus increased their target price on IAMGOLD from C$9.50 to C$11.00 in a report on Monday. Raymond James upgraded IAMGOLD from a “strong sell” rating to a “hold” rating in a report on Monday, February 3rd. BMO Capital Markets raised IAMGOLD to a “strong-buy” rating in a research report on Wednesday, April 16th. National Bankshares boosted their target price on IAMGOLD from C$13.50 to C$15.00 and gave the stock an “outperform” rating in a report on Wednesday, April 2nd. Finally, National Bank Financial raised IAMGOLD to a “strong-buy” rating in a report on Friday, March 21st. Two research analysts have rated the stock with a hold rating, one has given a buy rating and four have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of C$10.67.

IAMGOLD Trading Down 1.9 %

IMG stock opened at C$10.57 on Tuesday. The business has a fifty day moving average of C$8.86 and a 200-day moving average of C$8.18. The company has a market cap of C$4.30 billion, a P/E ratio of 5.49, a PEG ratio of -0.28 and a beta of 1.47. IAMGOLD has a twelve month low of C$4.74 and a twelve month high of C$11.63. The company has a quick ratio of 1.19, a current ratio of 0.89 and a debt-to-equity ratio of 28.93.

Insider Buying and Selling

In related news, Director Lawrence Peter O’hagan acquired 4,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was acquired at an average cost of C$8.11 per share, for a total transaction of C$38,918.88. Also, Senior Officer Bruno Lemelin sold 15,000 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of C$8.52, for a total value of C$127,786.50. Insiders have bought 45,800 shares of company stock worth $370,999 in the last 90 days. Insiders own 0.10% 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.