National Bank Financial Lifts Earnings Estimates for IAMGOLD

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Investment analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for IAMGOLD in a research report issued to clients and investors on Wednesday, May 7th. National Bank Financial analyst M. Sidibe now anticipates that the mining company will earn $1.26 per share for the year, up from their prior estimate of $1.22. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share. National Bank Financial also issued estimates for IAMGOLD’s FY2026 earnings at $1.75 EPS.

A number of other analysts have also recently commented on IMG. Raymond James raised shares of IAMGOLD from a “strong sell” rating to a “hold” rating in a research note on Monday, February 3rd. Stifel Nicolaus increased their target price on IAMGOLD from C$9.50 to C$11.00 in a report on Monday, April 21st. BMO Capital Markets raised IAMGOLD to a “strong-buy” rating in a research note on Wednesday, April 16th. Finally, National Bankshares upped their target price on shares of IAMGOLD from C$13.50 to C$15.00 and gave the stock an “outperform” rating in a report on Wednesday, April 2nd. Two analysts have rated the stock with a hold rating, one has issued a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$10.67.

IAMGOLD Trading Up 2.7 %

Shares of TSE:IMG opened at C$9.78 on Friday. The firm has a market capitalization of C$3.97 billion, a price-to-earnings ratio of 5.08, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47. The business’s 50 day moving average price is C$9.20 and its 200-day moving average price is C$8.43. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19. IAMGOLD has a 1 year low of C$4.86 and a 1 year high of C$11.63.

Insider Buying and Selling

In related news, Director Lawrence Peter O’hagan purchased 4,800 shares of the company’s stock in a transaction on Tuesday, February 25th. The stock was acquired at an average cost of C$8.11 per share, for a total transaction of C$38,918.88. Also, Director Renaud Adams acquired 35,000 shares of the firm’s stock in a transaction dated Friday, February 28th. The stock was bought at an average price of C$8.08 per share, for a total transaction of C$282,660.00. Over the last ninety days, insiders bought 45,800 shares of company stock worth $370,999. Insiders own 0.10% 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.