IAMGOLD Corp (NYSE:IAG) (TSE:IMG) – Equities research analysts at National Bank Financial issued their Q4 2017 EPS estimates for IAMGOLD in a report released on Wednesday. National Bank Financial analyst D. Demarco anticipates that the mining company will earn $0.01 per share for the quarter.

Several other analysts also recently issued reports on IAG. Zacks Investment Research downgraded IAMGOLD from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Royal Bank of Canada set a $8.00 target price on IAMGOLD and gave the company a “hold” rating in a research note on Wednesday, October 18th. BMO Capital Markets restated a “buy” rating and set a $8.00 target price on shares of IAMGOLD in a research note on Wednesday, November 8th. Scotiabank restated a “hold” rating on shares of IAMGOLD in a research note on Tuesday, November 14th. Finally, TheStreet downgraded IAMGOLD from a “b” rating to a “c+” rating in a research note on Thursday, November 16th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $7.07.

Shares of IAMGOLD (NYSE IAG) opened at $5.60 on Monday. The stock has a market capitalization of $2,608.92, a PE ratio of 5.09, a PEG ratio of 22.22 and a beta of -0.31. IAMGOLD has a 52 week low of $3.36 and a 52 week high of $7.25. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.78.

IAMGOLD (NYSE:IAG) (TSE:IMG) last released its quarterly earnings results on Tuesday, November 7th. The mining company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.05. The company had revenue of $268.80 million during the quarter, compared to the consensus estimate of $268.62 million. IAMGOLD had a return on equity of 1.81% and a net margin of 48.66%. The firm’s revenue was down 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.05 EPS.

Large investors have recently made changes to their positions in the stock. James Investment Research Inc. bought a new stake in IAMGOLD during the 4th quarter valued at approximately $105,000. Raymond James Financial Services Advisors Inc. boosted its stake in IAMGOLD by 102.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 21,299 shares of the mining company’s stock valued at $110,000 after purchasing an additional 10,773 shares during the period. Sigma Planning Corp bought a new stake in IAMGOLD during the 3rd quarter valued at approximately $130,000. Quantbot Technologies LP bought a new stake in IAMGOLD during the 2nd quarter valued at approximately $131,000. Finally, Fox Run Management L.L.C. boosted its stake in IAMGOLD by 121.2% during the 4th quarter. Fox Run Management L.L.C. now owns 26,325 shares of the mining company’s stock valued at $153,000 after purchasing an additional 14,425 shares during the period. Hedge funds and other institutional investors own 55.82% of the company’s stock.

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IAMGOLD Company Profile

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 and Estimates for IAMGOLD (NYSE:IAG)

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