Research Analysts Set Expectations for IAMGOLD Q1 Earnings

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Analysts at Raymond James upped their Q1 2025 earnings estimates for shares of IAMGOLD in a research report issued to clients and investors on Thursday, December 5th. Raymond James analyst F. Hamed now expects that the mining company will post earnings per share of $0.25 for the quarter, up from their prior estimate of $0.24. The consensus estimate for IAMGOLD’s current full-year earnings is $0.58 per share. Raymond James also issued estimates for IAMGOLD’s Q2 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.25 EPS and FY2025 earnings at $1.01 EPS.

A number of other equities research analysts have also issued reports on IAG. CIBC raised shares of IAMGOLD from a “neutral” rating to a “sector outperform” rating in a report on Monday, December 2nd. StockNews.com raised shares of IAMGOLD from a “hold” rating to a “buy” rating in a report on Monday, November 11th. Cibc World Mkts raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Monday, December 2nd. Canaccord Genuity Group raised shares of IAMGOLD from a “hold” rating to a “buy” rating and raised their target price for the company from $7.75 to $10.50 in a report on Tuesday, October 22nd. Finally, Scotiabank raised their target price on shares of IAMGOLD from $4.75 to $5.50 and gave the company a “sector perform” rating in a report on Monday, August 19th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $6.68.

IAMGOLD Trading Up 1.5 %

Shares of IAG opened at $5.63 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.89 and a quick ratio of 0.61. IAMGOLD has a 1 year low of $2.11 and a 1 year high of $6.37. The company has a 50 day simple moving average of $5.37 and a two-hundred day simple moving average of $4.73. The firm has a market cap of $3.21 billion, a P/E ratio of 4.39 and a beta of 1.56.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. ORG Partners LLC purchased a new position in IAMGOLD during the third quarter worth $29,000. Eastern Bank purchased a new position in IAMGOLD during the third quarter worth $30,000. TIAA Trust National Association bought a new stake in shares of IAMGOLD during the second quarter worth $38,000. International Assets Investment Management LLC bought a new stake in shares of IAMGOLD during the third quarter worth $700,000. Finally, WINTON GROUP Ltd bought a new stake in shares of IAMGOLD during the second quarter worth $52,000. 47.08% of the stock is owned by hedge funds and other institutional investors.

IAMGOLD Company Profile

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.