IAMGOLD (IAG) to Release Quarterly Earnings on Wednesday

IAMGOLD (NYSE:IAG) (TSE:IMG) is scheduled to be announcing its earnings results after the market closes on Wednesday, February 21st.

Shares of IAMGOLD (IAG) opened at $5.61 on Wednesday. IAMGOLD has a 52-week low of $3.36 and a 52-week high of $7.25. The stock has a market capitalization of $2,620.00, a P/E ratio of 5.15, a PEG ratio of 38.12 and a beta of -0.31. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.78 and a quick ratio of 3.85.

A number of analysts have recently issued reports on IAG shares. Royal Bank of Canada set a $7.00 price objective on IAMGOLD and gave the company a “hold” rating in a research report on Friday, November 10th. Zacks Investment Research raised IAMGOLD from a “hold” rating to a “buy” rating and set a $6.50 price objective for the company in a research report on Monday, October 23rd. TheStreet cut IAMGOLD from a “b” rating to a “c+” rating in a research report on Thursday, November 16th. CIBC set a $7.50 price objective on IAMGOLD and gave the company an “outperform” rating in a research report on Wednesday, January 17th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $8.00 price objective on shares of IAMGOLD in a research report on Wednesday, November 8th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. IAMGOLD currently has a consensus rating of “Hold” and an average price target of $7.07.

COPYRIGHT VIOLATION WARNING: This article was first posted by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2018/02/14/iamgold-iag-to-release-quarterly-earnings-on-wednesday.html.

About IAMGOLD

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.

Earnings History for IAMGOLD (NYSE:IAG)

Receive News & Ratings for IAMGOLD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IAMGOLD and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply