Lawrence Peter O’hagan Buys 4,800 Shares of IAMGOLD Co. (TSE:IMG) Stock

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) Director Lawrence Peter O’hagan purchased 4,800 shares of the company’s stock in a transaction on Tuesday, February 25th. The stock was acquired at an average cost of C$8.11 per share, for a total transaction of C$38,918.88.

IAMGOLD Stock Performance

IMG opened at C$7.97 on Wednesday. The stock has a market cap of C$3.24 billion, a PE ratio of 4.14, a P/E/G ratio of -0.28 and a beta of 1.47. The company has a current ratio of 0.89, a quick ratio of 1.19 and a debt-to-equity ratio of 28.93. IAMGOLD Co. has a 1 year low of C$3.44 and a 1 year high of C$9.68. The stock’s 50 day simple moving average is C$8.30 and its 200-day simple moving average is C$7.57.

Analyst Ratings Changes

IMG has been the topic of several recent analyst reports. Raymond James raised IAMGOLD from a “strong sell” rating to a “hold” rating in a research report on Monday, February 3rd. National Bankshares lifted their price target on IAMGOLD from C$12.00 to C$13.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. Finally, Cibc World Mkts raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$8.68.

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.