Brokers Issue Forecasts for IAMGOLD’s Q3 Earnings (TSE:IMG)

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Analysts at Raymond James Financial reduced their Q3 2025 earnings estimates for shares of IAMGOLD in a note issued to investors on Thursday, October 23rd. Raymond James Financial analyst J. Elliott now expects that the mining company will earn $0.29 per share for the quarter, down from their previous estimate of $0.32. Raymond James Financial has a “Hold” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. Raymond James Financial also issued estimates for IAMGOLD’s FY2025 earnings at $1.15 EPS.

Several other research analysts have also recently commented on IMG. Stifel Nicolaus upgraded shares of IAMGOLD from a “hold” rating to a “buy” rating and upped their target price for the stock from C$11.00 to C$28.00 in a research report on Monday, October 20th. National Bankshares upped their target price on shares of IAMGOLD from C$21.00 to C$23.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. Cormark increased their price objective on shares of IAMGOLD from C$16.50 to C$20.00 in a report on Tuesday, September 16th. Bank of America increased their price objective on shares of IAMGOLD from C$13.00 to C$15.50 in a report on Friday, August 29th. Finally, Stifel Canada upgraded shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Monday, October 20th. Four investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$21.20.

IAMGOLD Price Performance

TSE IMG opened at C$16.62 on Monday. IAMGOLD has a 52 week low of C$6.87 and a 52 week high of C$20.63. The company has a current ratio of 0.89, a quick ratio of 1.19 and a debt-to-equity ratio of 28.93. The stock has a market cap of C$9.56 billion, a price-to-earnings ratio of 11.62, a price-to-earnings-growth ratio of -0.28 and a beta of 1.30. The company has a 50-day moving average price of C$15.70 and a two-hundred day moving average price of C$11.92.

IAMGOLD Company Profile

Iamgold Corp is a mid-tier gold mining company operating in three regions globally North America, South America and West Africa. Within these regions, the company is developing potential mining districts that encompass operating mines and construction, development and exploration projects. The company’s operating mines include Essakane in Burkina Faso, Rosebel in Suriname and Westwood in Canada.