IAMGOLD Co. (TSE:IMG – Free Report) (NYSE:IAG) – Analysts at Stifel Canada raised their FY2024 EPS estimates for IAMGOLD in a research note issued on Monday, October 21st. Stifel Canada analyst I. Rico now expects that the mining company will post earnings per share of $0.84 for the year, up from their prior estimate of $0.62. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. Stifel Canada also issued estimates for IAMGOLD’s FY2025 earnings at $1.28 EPS and FY2026 earnings at $1.52 EPS.
IAMGOLD (TSE:IMG – Get Free Report) (NYSE:IAG) last issued its earnings results on Thursday, August 8th. The mining company reported C$0.22 EPS for the quarter, beating the consensus estimate of C$0.12 by C$0.10. IAMGOLD had a return on equity of 5.86% and a net margin of 10.36%. The company had revenue of C$527.18 million during the quarter.
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IAMGOLD Trading Down 3.4 %
Shares of IAMGOLD stock opened at C$8.03 on Thursday. The company has a debt-to-equity ratio of 35.17, a quick ratio of 1.19 and a current ratio of 1.34. IAMGOLD has a 52 week low of C$2.87 and a 52 week high of C$8.80. The stock has a 50 day moving average price of C$7.08 and a two-hundred day moving average price of C$5.96. The stock has a market capitalization of C$4.58 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47.
Insider Activity
In related news, Senior Officer Bruno Lemelin sold 14,000 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of C$7.09, for a total transaction of C$99,206.80. Insiders own 0.10% of the company’s stock.
About IAMGOLD
IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.
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