Iamgold (IMG) Set to Announce Quarterly Earnings on Wednesday

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Iamgold (TSE:IMG) (NYSE:IAG) is scheduled to release its earnings data after the market closes on Wednesday, August 7th. Analysts expect Iamgold to post earnings of C($0.01) per share for the quarter.

IMG opened at C$4.94 on Tuesday. The firm’s 50 day moving average is C$4.59. The company has a current ratio of 4.18, a quick ratio of 3.04 and a debt-to-equity ratio of 14.22. The stock has a market cap of $2.31 billion and a P/E ratio of -20.50. Iamgold has a 52 week low of C$3.08 and a 52 week high of C$7.36.

Several research firms have commented on IMG. Canaccord Genuity upped their price objective on Iamgold from C$4.75 to C$5.25 in a research note on Friday, July 19th. National Bank Financial upped their price objective on Iamgold from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research note on Friday, June 28th. Finally, TD Securities reduced their price objective on Iamgold from C$9.50 to C$6.50 and set a “buy” rating for the company in a research note on Wednesday, May 8th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$6.29.

About Iamgold

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 in Burkina Faso, West Africa; the Westwood mine in Quebec, Canada; and the Sadiola mine located in Mali, West Africa.

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Earnings History for Iamgold (TSE:IMG)

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