IAMGOLD Corp (TSE:IMG) (NYSE:IAG) insider Benjamin Richard Little sold 13,476 shares of the stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of C$6.61, for a total value of C$89,076.36.
Shares of IAMGOLD Corp (IMG) traded down C$0.04 on Thursday, hitting C$6.71. The stock had a trading volume of 1,128,990 shares, compared to its average volume of 1,533,867. The firm has a market cap of $3,070.00, a P/E ratio of 4.80 and a beta of -0.78. IAMGOLD Corp has a 12 month low of C$4.54 and a 12 month high of C$8.87.
IMG has been the subject of several research reports. National Bank Financial reduced their target price on IAMGOLD from C$11.00 to C$10.00 and set an “outperform” rating for the company in a research note on Wednesday, February 14th. Desjardins restated a “buy” rating on shares of IAMGOLD in a research note on Monday, December 11th. Finally, Canaccord Genuity raised their target price on IAMGOLD from C$9.00 to C$10.50 in a research note on Friday, January 19th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of C$8.53.
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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 company with approximately four operating gold mines on over three continents.
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