Research Analysts Set Expectations for Iamgold Q2 Earnings

Iamgold Corporation (NYSE:IAG) (TSE:IMG) – Equities researchers at National Bank Financial issued their Q2 2025 earnings estimates for shares of Iamgold in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst M. Sidibe anticipates that the mining company will post earnings per share of $0.15 for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Iamgold’s current full-year earnings is $0.67 per share.

Other equities analysts have also recently issued reports about the stock. Raymond James Financial raised shares of Iamgold to a “hold” rating and set a $8.00 price objective on the stock in a research note on Monday, June 30th. CIBC reiterated an “outperform” rating on shares of Iamgold in a research note on Tuesday. National Bankshares restated an “outperform” rating on shares of Iamgold in a research report on Tuesday, June 24th. Scotiabank lifted their price objective on Iamgold from $7.50 to $7.75 and gave the company a “sector perform” rating in a report on Monday, May 12th. Finally, BMO Capital Markets initiated coverage on Iamgold in a research note on Wednesday, April 16th. They set an “outperform” rating for the company. Four research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Iamgold presently has an average rating of “Moderate Buy” and an average price target of $8.53.

Iamgold Trading Down 1.6%

NYSE:IAG opened at $7.04 on Thursday. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. The stock’s 50 day simple moving average is $7.08 and its 200-day simple moving average is $6.50. Iamgold has a 12-month low of $3.44 and a 12-month high of $8.38. The firm has a market cap of $4.05 billion, a P/E ratio of 4.99, a PEG ratio of 0.35 and a beta of 1.15.

Iamgold (NYSE:IAG) (TSE:IMG) last released its quarterly earnings results on Tuesday, May 6th. The mining company reported $0.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.10. Iamgold had a return on equity of 9.26% and a net margin of 45.42%. The firm had revenue of $457.23 million for the quarter, compared to analyst estimates of $578.70 million.

Institutional Investors Weigh In On Iamgold

A number of institutional investors and hedge funds have recently modified their holdings of the company. Parallel Advisors LLC boosted its position in Iamgold by 272.9% during the second quarter. Parallel Advisors LLC now owns 3,584 shares of the mining company’s stock worth $26,000 after purchasing an additional 2,623 shares in the last quarter. Summit Securities Group LLC purchased a new stake in shares of Iamgold in the 1st quarter worth about $35,000. Alpha Omega Wealth Management LLC acquired a new stake in Iamgold in the 1st quarter valued at about $75,000. Avantax Advisory Services Inc. purchased a new position in Iamgold during the 1st quarter valued at about $86,000. Finally, Vident Advisory LLC acquired a new position in Iamgold during the first quarter worth about $92,000. Institutional investors and hedge funds own 47.08% 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.