IAMGOLD Corp to Post Q3 2016 Earnings of $0.00 Per Share, National Bank Financial Forecasts (IMG)

IAMGOLD Corp (TSE:IMG) – Analysts at National Bank Financial issued their Q3 2016 EPS estimates for shares of IAMGOLD Corp in a report released on Wednesday. National Bank Financial analyst S. Parsons expects that the firm will earn $0.00 per share for the quarter. National Bank Financial also issued estimates for IAMGOLD Corp’s FY2016 earnings at ($0.05) EPS and FY2017 earnings at ($0.06) EPS.

Earnings History and Estimates for IAMGOLD Corp (TSE:IMG)

IMG has been the subject of several other reports. Canaccord Genuity increased their price objective on IAMGOLD Corp from C$4.50 to C$6.50 in a report on Tuesday, July 12th. TD Securities raised their price target on IAMGOLD Corp from C$5.50 to C$6.50 and gave the stock a “hold” rating in a report on Thursday, August 4th. Finally, CIBC raised IAMGOLD Corp from an “underperform” rating to a “sector perform” rating in a report on Monday, June 27th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of C$4.89.

IAMGOLD Corp (TSE:IMG) opened at 4.48 on Monday. The firm’s market cap is $1.82 billion. The firm has a 50-day moving average price of $5.14 and a 200-day moving average price of $5.10. IAMGOLD Corp has a one year low of $1.66 and a one year high of $7.65.

IAMGOLD Corp Company Profile

IAMGOLD Corporation (IAMGOLD) is engaged in the exploration, development and production of mineral resource properties across the world. Through its holdings, IAMGOLD has interests in various operations and exploration properties, as well as various royalty interests on mineral resource properties. All gold produced by IAMGOLD is in the form of dore bars, which is sold to gold refineries in North America and Europe.

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