Should I buy or sell IAMGOLD stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IAMGOLD in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IMG, but not buy additional shares or sell existing shares. View IMG analyst ratings or view top-rated stocks .

What is IAMGOLD's stock price target for 2024?

5 brokerages have issued 12 month price targets for IAMGOLD's stock. Their IMG share price targets range from C$2.75 to C$6.20. On average, they anticipate the company's share price to reach C$4.31 in the next twelve months. This suggests that the stock has a possible downside of 14.1%. View analysts price targets for IMG or view top-rated stocks among Wall Street analysts .

How have IMG shares performed in 2024?

IAMGOLD's stock was trading at C$3.34 at the beginning of 2024. Since then, IMG stock has increased by 50.3% and is now trading at C$5.02. View the best growth stocks for 2024 here .

When is IAMGOLD's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our IMG earnings forecast .

How were IAMGOLD's earnings last quarter?

IAMGOLD Co. (TSE:IMG) issued its earnings results on Thursday, February, 15th. The mining company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.02 by $0.06. The mining company had revenue of $405.19 million for the quarter. IAMGOLD had a trailing twelve-month return on equity of 4.36% and a net margin of 9.55%.

What other stocks do shareholders of IAMGOLD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IAMGOLD investors own include IAMGOLD (IAG) , Mega Uranium (MGA) , Kinross Gold (KGC) , B2Gold (BTG) , Yamana Gold (YRI) , Kirkland Lake Gold (KL) , First Quantum Minerals (FM) , Aurora Cannabis (ACB) , Toronto-Dominion Bank (TD) and Hudbay Minerals (HBM) .

How do I buy shares of IAMGOLD?

Shares of IMG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:IMG

IAMGOLD (IMG) Stock Price, News & Analysis

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Free IMG Stock Alerts

C$5.02

-0.03 (-0.59%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$4.99
▼
C$5.20
50-Day Range: C$3.18
▼
C$5.14
52-Week Range: C$2.71
▼
C$5.38

Volume: 838,274 shs
Average Volume: 1.26 million shs
Market Capitalization: C$2.49 billion

P/E Ratio: 20.92
Dividend Yield: 5.63%
Price Target: C$4.31

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

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IAMGOLD MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 14.1% Downside
C$4.31 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.14
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.52 out of 5 stars

1.2

Analyst's Opinion

Consensus Rating
IAMGOLD has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
IAMGOLD has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for IMG.

1.7

Dividend Strength

Dividend Leadership
IAMGOLD is a leading dividend payer. It pays a dividend yield of 5.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
IAMGOLD does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IMG.

1.7

News and Social Media Coverage

News Sentiment
IAMGOLD has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for IAMGOLD this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added IAMGOLD to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IAMGOLD insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.09% of the stock of IAMGOLD is held by insiders.
Percentage Held by Institutions
60.80% of the stock of IAMGOLD is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of IAMGOLD is 20.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of IAMGOLD is 20.92, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 141.02.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for IAMGOLD, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
IAMGOLD has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About IAMGOLD Stock (TSE:IMG)

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. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

IMG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IMG Stock News Headlines

April 16, 2024 | finance.yahoo.com

IAMGOLD Corporation (IAG) Interactive Stock Chart - Yahoo Finance

April 13, 2024 | americanbankingnews.com

IAMGOLD (TSE:IMG) Hits New 1-Year High at $5.25

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 10, 2024 | americanbankingnews.com

IAMGOLD (TSE:IMG) Price Target Increased to C$6.20 by Analysts at Bank of America

April 10, 2024 | americanbankingnews.com

IAMGOLD Co. (TSE:IMG) Given Consensus Recommendation of "Hold" by Brokerages

April 5, 2024 | ca.finance.yahoo.com

Stocks in play: IAMGOLD Corporation

March 29, 2024 | theglobeandmail.com

Closing Bell: Iamgold Corp up on Thursday (IMG)

March 29, 2024 | finance.yahoo.com

Institutional investors have a lot riding on IAMGOLD Corporation (TSE:IMG) with 58% ownership

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 27, 2024 | seekingalpha.com

IMG:CA IAMGOLD Corporation

March 25, 2024 | markets.businessinsider.com

Canadian Market Is Up Marginally; Energy Stocks Post Strong Gains

March 16, 2024 | finance.yahoo.com

IAG Apr 2024 5.000 put

March 16, 2024 | finance.yahoo.com

IAG Apr 2024 2.000 put

March 14, 2024 | seekingalpha.com

Precious Metals Royalty And Streaming Companies: The February Report

February 17, 2024 | finance.yahoo.com

IAMGOLD Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

February 15, 2024 | investing.com

IAMGOLD finalizes acquisition of Vanstar Mining Resources

February 15, 2024 | finanznachrichten.de

IAMGOLD Corporation: IAMGOLD Reports Fourth Quarter and Year-End 2023 Results; Provides 2024 Outlook

February 15, 2024 | finance.yahoo.com

lAMGOLD Reports Increase in Mineral Reserves and Resources at Existing Assets, with Increase in Resources at Gosselin

February 15, 2024 | finance.yahoo.com

IAMGOLD Announces Appointment of Murray P. Suey to the Board of Directors

February 15, 2024 | finance.yahoo.com

IAMGOLD Reports Fourth Quarter and Year-End 2023 Results; Provides 2024 Outlook

January 25, 2024 | msn.com

Could IAMGOLD Stock Help You Retire a Millionaire?

January 24, 2024 | msn.com

China hopes help lift Toronto market for fourth day

January 24, 2024 | msn.com

TSX Today: What to Watch for in Stocks on Wednesday, January 24

January 24, 2024 | finance.yahoo.com

IAMGOLD Announces Regulatory Approval in France of Buy-Out Offer for Euro Ressources

January 23, 2024 | msn.com

Canada shares higher at close of trade; S&P/TSX Composite up 0.53%

January 23, 2024 | finance.yahoo.com

Shareholders in IAMGOLD (TSE:IMG) have lost 34%, as stock drops 7.7% this past week

December 19, 2023 | msn.com

TSX Today: What to Watch for in Stocks on Tuesday, December 19

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/09/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Gold
Sub-Industry: N/A
Current Symbol: TSE:IMG
CUSIP: N/A
CIK: N/A
Web: www.iamgold.com
Phone: +1-416-3604710
Fax: N/A
Employees: 3,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$4.31
High Stock Price Target: C$6.20
Low Stock Price Target: C$2.75
Potential Upside/Downside: -14.1%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.24
Trailing P/E Ratio: 20.92
Forward P/E Ratio: 67.21
P/E Growth: -0.28
Net Income: C$88 million
Net Margins: 9.55%
Pretax Margin: N/A
Return on Equity: 4.36%
Return on Assets: -0.02%

Debt

Debt-to-Equity Ratio: 42.05
Current Ratio: 1.20
Quick Ratio: 1.19

Sales & Book Value

Annual Sales: C$987.10 million
Price / Sales: 2.53
Cash Flow: C$2.01 per share
Price / Cash Flow: 2.49
Book Value: C$4.58 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 496,630,000
Free Float: N/A
Market Cap: C$2.49 billion
Optionable: Not Optionable
Beta: 1.44

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Key Executives

Mr. Marthinus Wilhelmus Theunissen (Age 44)
Chief Financial Officer
Comp: $752.99k
Mr. Bruno Lemelin
Chief Operating Officer
Mr. Renaud Adams P.Eng. (Age 54)
CEO, President & Director
Mr. Graeme Douglas Jennings C.F.A.
Vice President of Investor Relations & Corporate Communications
Mr. Timothy R. Bradburn
Senior VP, General Counsel & Corporate Secretary
Ms. Dorena Quinn
Senior Vice President of People
Mr. Stephen Eddy
Senior VP of Business Development
Luc-Bernard Denoncourt Ing.
Project Director

Key Competitors

View All Competitors

Insiders

Marthinus Wilhelmus Theunissen
Bought 10,000 shares on 5/18/2023
Total: C$36,000.00 ($3.60/share)

View All Insider Transactions

IMG Stock Analysis - Frequently Asked Questions

Should I buy or sell IAMGOLD stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IAMGOLD in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IMG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IMG, but not buy additional shares or sell existing shares.
View IMG analyst ratings or view top-rated stocks.
What is IAMGOLD's stock price target for 2024?: 5 brokerages have issued 12 month price targets for IAMGOLD's stock. Their IMG share price targets range from C$2.75 to C$6.20. On average, they anticipate the company's share price to reach C$4.31 in the next twelve months. This suggests that the stock has a possible downside of 14.1%.
View analysts price targets for IMG or view top-rated stocks among Wall Street analysts.
How have IMG shares performed in 2024?: IAMGOLD's stock was trading at C$3.34 at the beginning of 2024. Since then, IMG stock has increased by 50.3% and is now trading at C$5.02.
View the best growth stocks for 2024 here.
When is IAMGOLD's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our IMG earnings forecast.

How were IAMGOLD's earnings last quarter?: IAMGOLD Co. (TSE:IMG) issued its earnings results on Thursday, February, 15th. The mining company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.02 by $0.06. The mining company had revenue of $405.19 million for the quarter. IAMGOLD had a trailing twelve-month return on equity of 4.36% and a net margin of 9.55%.
What other stocks do shareholders of IAMGOLD own?: Based on aggregate information from My MarketBeat watchlists, some companies that other IAMGOLD investors own include IAMGOLD (IAG), Mega Uranium (MGA), Kinross Gold (KGC), B2Gold (BTG), Yamana Gold (YRI), Kirkland Lake Gold (KL), First Quantum Minerals (FM), Aurora Cannabis (ACB), Toronto-Dominion Bank (TD) and Hudbay Minerals (HBM).
How do I buy shares of IAMGOLD?: Shares of IMG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:IMG) was last updated on 4/18/2024 by MarketBeat.com Staff

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IAMGOLD (IMG) Stock Price, News & Analysis

IAMGOLD MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About IAMGOLD Stock (TSE:IMG)

IMG Stock Price History

IMG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

IMG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™