Iamgold Corporation found using ticker (IAG) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 4.36 and 2.5 with the average target price sitting at 3.12. Given that the stocks previous close was at 2.55 this indicates there is a potential upside of 22.4%. There is a 50 day moving average of 2.98 and the 200 moving average now moves to 2.91. The company has a market cap of $1,181m. You can visit the company’s website by visiting: https://www.iamgold.com
The potential market cap would be $1,444m based on the market concensus.
IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine situated in Burkina Faso, West Africa; the Westwood mine located in Quebec, Canada. Its exploration and development projects include the Boto gold project in Senegal; the Diakha-Siribaya gold project in Mali; the Pitangui project in Brazil; the Côté gold project in Ontario; and the Karita gold project in Guinea, as well as holds interest in the Loma Larga, a gold, silver, and copper project in southern Ecuador. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
