Stifel Canada Issues Optimistic Outlook for IAMGOLD Earnings

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Stifel Canada lifted their FY2026 earnings per share (EPS) estimates for IAMGOLD in a research report issued on Monday, April 21st. Stifel Canada analyst I. Rico now expects that the mining company will post earnings per share of $1.65 for the year, up from their prior forecast of $1.41. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. Stifel Canada also issued estimates for IAMGOLD’s FY2027 earnings at $1.70 EPS.

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

IAMGOLD Stock Performance

Shares of TSE IMG opened at C$10.05 on Wednesday. The stock’s fifty day moving average price is C$8.88 and its two-hundred day moving average price is C$8.21. The firm has a market cap of C$4.08 billion, a price-to-earnings ratio of 5.22, a P/E/G ratio of -0.28 and a beta of 1.47. IAMGOLD has a one year low of C$4.86 and a one year high of C$11.63. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19.

Insider Transactions at IAMGOLD

In related news, Senior Officer Bruno Lemelin sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of C$8.52, for a total value of C$127,786.50. Also, Director Renaud Adams acquired 35,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was purchased at an average cost of C$8.08 per share, with a total value of C$282,660.00. Over the last 90 days, insiders have bought 45,800 shares of company stock worth $370,999. Insiders own 0.10% of the company’s stock.

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.