Iamgold Corporation (IAG) Given Daily Media Impact Rating of 0.13
Press coverage about Iamgold Corporation (NYSE:IAG) (TSE:IMG) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Iamgold Corporation earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media stories about the mining company an impact score of 46.9480626638462 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- IAMGOLD Corporation (IAG) and Alleghany Corporation (Y) closes … – Stocks Gallery (stocksgallery.com)
- Iamgold Corporation (IAG) Price Target Raised to $7.00 at Scotiabank (americanbankingnews.com)
- Contrasting Klondex Mines (KLDX) & Iamgold Corporation (IAG) (americanbankingnews.com)
- IAMGOLD Corporation (IAG) Stock Price is 10.53% away from 20 SMA – Voice Of Analysts (analystsbuzz.com)
- IAMGOLD Corporation (IAG)- Critical Performance Analysis under Limelight – NASDAQ Times (nasdaqtimes.com)
Iamgold Corporation (NYSE:IAG) opened at 6.57 on Friday. Iamgold Corporation has a one year low of $3.14 and a one year high of $7.25. The firm has a 50 day moving average of $6.02 and a 200 day moving average of $4.83. The firm has a market capitalization of $3.05 billion, a PE ratio of 5.99 and a beta of -0.40.
Iamgold Corporation (NYSE:IAG) (TSE:IMG) last posted its earnings results on Wednesday, August 9th. The mining company reported $0.01 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.01. The company had revenue of $274.50 million during the quarter, compared to analyst estimates of $267.07 million. Iamgold Corporation had a return on equity of 1.43% and a net margin of 46.75%. The company’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.01 EPS. Equities analysts forecast that Iamgold Corporation will post $0.05 EPS for the current year.
Several equities analysts have recently weighed in on the stock. BidaskClub upgraded shares of Iamgold Corporation from a “sell” rating to a “hold” rating in a research report on Friday, June 9th. Zacks Investment Research lowered shares of Iamgold Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Scotiabank raised their price objective on shares of Iamgold Corporation from $5.75 to $6.25 and gave the company a “sector perform” rating in a research report on Tuesday, August 1st. TheStreet upgraded shares of Iamgold Corporation from a “c-” rating to a “b” rating in a research report on Thursday, August 17th. Finally, Royal Bank Of Canada restated a “hold” rating on shares of Iamgold Corporation in a research report on Wednesday, July 12th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Iamgold Corporation presently has an average rating of “Hold” and a consensus price target of $6.82.
Iamgold Corporation 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.
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