Q1 Earnings Estimate for IAMGOLD Issued By Stifel Canada

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Stock analysts at Stifel Canada issued their Q1 2025 EPS estimates for shares of IAMGOLD in a research report issued on Monday, April 21st. Stifel Canada analyst I. Rico expects that the mining company will post earnings per share of $0.08 for the quarter. The consensus estimate for IAMGOLD’s current full-year earnings is $0.67 per share. Stifel Canada also issued estimates for IAMGOLD’s FY2025 earnings at $0.68 EPS.

IAMGOLD (NYSE:IAG) (TSE:IMG) last released its earnings results on Thursday, February 20th. The mining company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.05). IAMGOLD had a net margin of 50.19% and a return on equity of 10.64%. The company had revenue of $469.90 million for the quarter, compared to the consensus estimate of $498.68 million.

A number of other equities analysts have also commented on IAG. CIBC restated an “outperform” rating on shares of IAMGOLD in a research report on Thursday, March 20th. StockNews.com lowered shares of IAMGOLD from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. National Bank Financial upgraded IAMGOLD to a “strong-buy” rating in a research report on Friday, March 21st. Raymond James restated a “market perform” rating and set a $8.00 target price on shares of IAMGOLD in a research report on Friday, April 4th. Finally, Scotiabank lifted their price target on IAMGOLD from $6.75 to $7.50 and gave the company a “sector perform” rating in a research report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $7.57.

IAMGOLD Stock Performance

NYSE IAG opened at $7.79 on Tuesday. The firm has a market cap of $4.48 billion, a P/E ratio of 5.37 and a beta of 1.52. The company’s 50 day moving average is $6.21 and its 200-day moving average is $5.77. IAMGOLD has a 12-month low of $3.44 and a 12-month high of $8.38. The company has a quick ratio of 0.61, a current ratio of 0.89 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On IAMGOLD

Institutional investors and hedge funds have recently made changes to their positions in the company. Donald Smith & CO. Inc. lifted its stake in shares of IAMGOLD by 0.7% in the 4th quarter. Donald Smith & CO. Inc. now owns 31,233,874 shares of the mining company’s stock worth $161,167,000 after purchasing an additional 216,751 shares during the period. RCF Management L.L.C. purchased a new stake in IAMGOLD in the 4th quarter worth $128,174,000. Vanguard Group Inc. boosted its stake in IAMGOLD by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 21,232,871 shares of the mining company’s stock valued at $109,741,000 after buying an additional 321,458 shares during the last quarter. Millennium Management LLC raised its holdings in shares of IAMGOLD by 88.4% during the 4th quarter. Millennium Management LLC now owns 10,330,194 shares of the mining company’s stock worth $53,307,000 after acquiring an additional 4,846,254 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in IAMGOLD by 25.9% during the fourth quarter. American Century Companies Inc. now owns 10,162,314 shares of the mining company’s stock valued at $52,499,000 after purchasing an additional 2,092,803 shares during the last quarter. Institutional investors own 47.08% of the company’s stock.

IAMGOLD Company Profile

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.