Economia

How Analysts Feel About IAMGOLD Corp (USA) (IAG) After Today's Big Increase?

How Analysts Feel About IAMGOLD Corp (USA) (IAG) After Today's Big Increase?

IAMGOLD is actively exploring highly prospective ground in Africa and South America.

Several other research firms also recently weighed in on PGLC. Canaccord Genuity raised their price target on shares of IAMGOLD Corp from C$9.25 to C$9.50 in a research report on Thursday, July 27th. ValuEngine upgraded shares of Iamgold Corporation from a sell rating to a hold rating in a research report on Tuesday, May 23rd. Roth Capital set a $6.00 target price on Pershing Gold Corporation and gave the company a buy rating in a report on Monday, June 12th. BMO Capital Markets reissued a "market perform" rating and issued a C$5.00 price objective on shares of IAMGOLD Corp in a report on Wednesday, June 7th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The average 1 year target price among brokerages that have issued a report on the stock in the last year is C$7.68. Bank of America Corporation raised Iamgold Corporation from an "underperform" rating to a "neutral" rating in a report on Tuesday, May 23rd.

Van Eck Associates Corp sold 29,452,814 shares during the last quarter decreasing its stake in Iamgold Corporation Ordinary Sh (IAG) by 34.5%. The stock has a market capitalization of $3.22 billion and a PE ratio of 6.31. The stock's 50-day moving average is $2.90 and its 200 day moving average is $2.93.

Iamgold Corporation (NYSE:IAG) (TSE:IMG) last issued its earnings results on Tuesday, May 9th. Next quarter's EPS is forecasted at $0.01 and the next full year EPS is projected to be $0.06. Iamgold Corporation had a net margin of 46.75% and a return on equity of 1.51%. The company had revenue of $260.50 million during the quarter, compared to analysts' expectations of $264.54 million. During the same quarter in the previous year, the company posted ($0.02) EPS. 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 site, it was stolen and reposted in violation of USA and worldwide trademark and copyright legislation. The original version of this report can be accessed at https://www.thestockobserver.com/2017/08/12/pershing-gold-corporation-nasdaqpglc-lifted-to-buy-at-zacks-investment-research.html.

In the last ninety days, insiders have bought 25,911 shares of company stock worth $72,078. Commerzbank Aktiengesellschaft FI increased its stake in Iamgold Corporation by 67.4% in the first quarter. Renaissance Technologies LLC now owns 18,851,800 shares of the mining company's stock worth $97,275,000 after buying an additional 873,700 shares during the last quarter. World Asset Management Inc increased its position in Iamgold Corporation by 3.9% in the first quarter. Spark Investment Management LLC now owns 110,000 shares of the basic materials company's stock worth $312,000 after buying an additional 55,000 shares during the period. Canada Pension Plan Investment Board purchased a new stake in shares of Iamgold Corporation during the first quarter valued at about $679,000. Finally, Acadian Asset Management LLC acquired a new position in Iamgold Corporation during the second quarter valued at approximately $137,000. Finally, Vanguard Group Inc. increased its position in shares of Iamgold Corporation by 9.7% in the second quarter. About 2.57M shares traded.