IAMGOLD Co. (IMG.TO) (TSE:IMG) Reaches New 52-Week Low at $0.00

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Shares of IAMGOLD Co. (IMG.TO) (TSE:IMG) (NYSE:IAG) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.00 and last traded at C$0.00, with a volume of 1262456 shares. The stock had previously closed at C$4.33.

A number of equities analysts recently issued reports on the stock. TD Securities decreased their price target on shares of IAMGOLD Co. (IMG.TO) from C$9.50 to C$8.50 and set a “buy” rating for the company in a research note on Monday, November 9th. National Bank Financial decreased their target price on shares of IAMGOLD Co. (IMG.TO) from C$7.50 to C$6.75 and set an “outperform” rating for the company in a research note on Monday.

The stock’s 50 day simple moving average is C$4.57 and its two-hundred day simple moving average is C$5.23. The firm has a market cap of C$2.04 billion and a P/E ratio of -5.45. The company has a debt-to-equity ratio of 22.27, a current ratio of 4.43 and a quick ratio of 3.13.

IAMGOLD Co. (IMG.TO) (TSE:IMG) (NYSE:IAG) last announced its earnings results on Wednesday, November 4th. The mining company reported C$0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.11 by C$0.04. The business had revenue of C$446.59 million for the quarter, compared to the consensus estimate of C$472.30 million. Equities research analysts anticipate that IAMGOLD Co. will post 0.54 earnings per share for the current year.

IAMGOLD Co. (IMG.TO) Company Profile (TSE:IMG)

IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine in Burkina Faso, West Africa; the Westwood mine in Quebec, Canada. Its exploration and development projects include the Boto gold project in Senegal; the Diakha-Siribaya gold project in Mali; the Pitangui project in Brazil; the Côté gold project in Ontario; Eastern Borosi in Nicaragua; and the Karita gold project in Guinea, as well as holds interest in the Loma Larga, a gold, silver, and copper project in southern Ecuador.

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