IAMGOLD Corp (TSE:IMG) (NYSE:IAG) – Research analysts at Cormark lowered their FY2017 earnings per share estimates for IAMGOLD in a note issued to investors on Thursday. Cormark analyst R. Gray now forecasts that the mining company will post earnings of $0.02 per share for the year, down from their previous estimate of $0.14. Cormark also issued estimates for IAMGOLD’s Q4 2017 earnings at ($0.09) EPS and FY2018 earnings at ($0.01) EPS.
IAMGOLD (TSE:IMG) (NYSE:IAG) last posted its earnings results on Tuesday, November 7th. The mining company reported C$0.08 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.02 by C$0.06. IAMGOLD had a return on equity of 4.45% and a net margin of 12.13%.
IAMGOLD (TSE IMG) opened at C$7.69 on Monday. The firm has a market capitalization of $3,580.00, a P/E ratio of 5.65 and a beta of -1.02. IAMGOLD has a 1-year low of C$4.54 and a 1-year high of C$8.87.
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IAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents.
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