Iamgold Corporation which can be found using ticker (IAG) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 4.12 and 1.75 with the average target price sitting at $2.98. Now with the previous closing price of $2.95 this now indicates there is a potential upside of 1.0%. Also worth taking note is the 50 day moving average now sits at $2.57 while the 200 day moving average is $1.93. The company has a market cap of $1,426m. Company Website: https://www.iamgold.com
The potential market cap would be $1,441m based on the market consensus.
IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America and West Africa. The company owns 100% interest in the Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and 90% interests in the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa. Its exploration and development projects include the 100% owned Diakha-Siribaya project that covers an area of approximately 600 square kilometres situated in Mali; the Monster Lake projects located in Quebec, Canada; and the Karita project that covers an area of approximately 100 square kilometres located in Guinea, as well as Pitangui project in Brazil, and 75% owned the Nelligan located in Québec. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
The company is not paying dividends at this time.
