18 August, 2017
During the same quarter previous year, the company posted $0.01 EPS. The brokerage now has an outperform rating on the mining company's stock. TRADEMARK VIOLATION WARNING: "Iamgold Corporation Forecasted to Post FY2017 Earnings of ($0.02) Per Share (IAG)" was first published by Rincon Hill News and is the property of of Rincon Hill News.
Iamgold Corporation (NYSE:IAG) (TSE:IMG) last announced its quarterly earnings results on Wednesday, August 9th. Cormark analyst R. Gray expects that the mining company will earn ($0.02) per share for the year.
In case of Revenue Estimates, 4 analysts have provided their consensus Average Revenue Estimates for IAMGOLD Corp.as 266.44 Million.
IAMGOLD Corporation (IAG) recently closed with rise of 1.88% to its 20-Day Simple Moving Average. The business's revenue was up 18.1% on a year-over-year basis. The price-to-earnings ratio (P/E) is a valuation method used to compare a company's current share price to its per-share earnings. If you are reading this piece on another domain, it was stolen and reposted in violation of US and worldwide trademark and copyright law.
IAG has been the topic of several other research reports. BMO Capital Markets reissued a market perform rating and set a C$5.00 target price on shares of IAMGOLD Corp in a research report on Wednesday, June 7th. Finally, Credit Suisse Group upgraded Iamgold Corporation from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $4.50 to $5.00 in a report on Wednesday, May 10th.
TD Bank (TSE:IMG) had its target price raised to $9.00 by IAMGOLD Corp.in a report released 08/16/2017. The original version of this report can be viewed at https://sportsperspectives.com/2017/08/16/iamgold-corp-tseimg-receives-consensus-rating-of-buy-from-brokerages-updated-updated.html. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. ValuEngine raised Iamgold Corporation from a "sell" rating to a "hold" rating in a report on Tuesday, May 23rd.
Iamgold Corporation (IAG) opened at 5.45 on Monday. 711,795 shares of the company's stock were exchanged. The value of the company's investment in Iamgold Corporation Ordinary Sh went from $1,422,000 to $2,924,000 a change of $1,502,000 for the reporting period. Earnings surprises can have a huge impact on a company's stock price. Iamgold Corporation has a 52-week low of $3.14 and a 52-week high of $5.71. AQR Capital Management LLC increased its position in shares of Iamgold Corporation by 280.7% in the fourth quarter. The stock has a 50 day moving average of $5.19 and a 200 day moving average of $4.54. Comerica Bank increased its position in Iamgold Corporation by 1.9% in the first quarter. Finally, Hillsdale Investment Management Inc. bought a new position in shares of Iamgold Corporation during the second quarter worth approximately $5,434,000. Sprott Inc. purchased a new position in Iamgold Corporation during the second quarter valued at $114,000. JPMorgan Chase & Co. now owns 2,688,430 shares of the mining company's stock worth $13,873,000 after buying an additional 2,281,226 shares during the period. Bank of Nova Scotia raised its position in Iamgold Corporation by 61.7% in the second quarter. Institutional investors own 57.32% of the company's stock.
