Several other brokerages have also recently commented on IAG. Roth Capital set a $6.00 target price on shares of Pershing Gold Corporation and gave the stock a buy rating in a report on Monday, June 12th. The stock of IAMGOLD Corp (USA) (NYSE:IAG) has "Underperform" rating given on Wednesday, May 18 by Howard Weil. Zacks Investment Research lowered shares of Iamgold Corporation from a strong-buy rating to a hold rating in a report on Friday, June 30th. Finally, BidaskClub upgraded shares of Iamgold Corporation from a sell rating to a hold rating in a research report on Friday, June 9th. The brokerage now has $3.25 target price on the basic materials company's stock. Iamgold Corporation presently has a consensus rating of Hold and a consensus target price of $5.88.
The company is up by 4.02 percent from yesterday's close. IAMGOLD Corp has a 52 week low of $4.18 and a 52 week high of $7.52. The stock's 50 day moving average price is $5.15 and its 200 day moving average price is $4.49. The firm's market capitalization is $83.50 million.
Iamgold Corporation (NYSE:IAG) (TSE:IMG) last issued its earnings results on Wednesday, August 9th. The mining company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.01. The firm had revenue of $274.50 million during the quarter, compared to the consensus estimate of $267.07 million. Iamgold Corporation had a return on equity of 1.43% and a net margin of 46.75%. The business's revenue for the quarter was up 18.6% compared to the same quarter previous year. During the same quarter a year ago, the business earned $0.01 earnings per share. On average, equities research analysts expect that Iamgold Corporation will post $0.04 EPS for the current year. If you are viewing this report on another publication, it was illegally copied and republished in violation of USA and global trademark and copyright laws. The original version of this piece of content can be read at https://baseballnewssource.com/markets/iamgold-corporation-iag-stock-rating-reaffirmed-by-royal-bank-of-canada-updated-updated-updated/1220671.html. Cambridge Investment Research Advisors Inc. boosted its stake in Pershing Gold Corporation by 5.3% in the first quarter. Comerica Bank now owns 25,820 shares of the mining company's stock valued at $104,000 after buying an additional 485 shares during the last quarter.
Neymar free for Paris Saint-Germain debut this weekend
Di Maria, 29, played 90 minutes last week against Amiens but could drop out of the side for Neymar putting his future in doubt. His PSG era should begin in earnest this weekend, and will be gripping to watch.
Pershing Gold Corporation (NASDAQ:PGLC) traded up 0.68% during mid-day trading on Wednesday, reaching $2.94. Hedge funds and other institutional investors own 57.95% of the company's stock. Canada Pension Plan Investment Board purchased a new stake in shares of Iamgold Corporation during the first quarter valued at about $679,000. Spark Investment Management LLC boosted its stake in Pershing Gold Corporation by 100.0% in the first quarter. World Asset Management Inc now owns 27,537 shares of the mining company's stock worth $110,000 after buying an additional 1,040 shares in the last quarter. Finally, ARP Americas LLC increased its stake in Iamgold Corporation by 122.2% in the first quarter. Advisor Group Inc. now owns 33,950 shares of the mining company's stock worth $175,000 after buying an additional 750 shares during the last quarter.
IAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining firm with approximately four operating gold mines on over three continents.
- Tigers Make Big Comeback To Beat Twins 12-11
- Kuwait arrests 12 in Iran spy case
- Donald Trump Says Maybe His Warning To North Korea 'Wasn't Tough Enough'
- N.Korea lashes back after Trump's latest warning
- Federal Bureau of Investigation 10 Most Wanted Fugitive, Accused of NJ Slaying, Captured in Virginia
- Charlottesville Suspect Driver Booked on Suspicion of Murder
- Trump Sending Jared Kushner, Other Officials To Middle East For Peace Talks
- Ryan Howard Agrees to Minor League Contract with Colorado Rockies
- Submarine owner arrested over missing journalist
- Conflit avec la Corée du Nord: le président chinois appelle Donald Trump