Iamgold Corporation with ticker code (IAG) now have 11 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 4.05 and 1.75 calculating the mean target price we have 2.86. Given that the stocks previous close was at 2.14 this is indicating there is a potential upside of 33.6%. The 50 day moving average now sits at 2.56 and the 200 moving average now moves to 1.84. The company has a market capitalisation of $1,017m. Find out more information at: https://www.iamgold.com
The potential market cap would be $1,359m based on the market concensus.
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.
