IAMGOLD Co. (TSE:IMG) Director Christiane Bergevin Purchases 5,000 Shares

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) Director Christiane Bergevin bought 5,000 shares of the company’s stock in a transaction dated Thursday, March 13th. The shares were acquired at an average price of C$8.29 per share, for a total transaction of C$41,450.00.

IAMGOLD Trading Up 1.6 %

IMG opened at C$8.46 on Friday. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19. The company’s 50 day simple moving average is C$8.43 and its two-hundred day simple moving average is C$7.74. IAMGOLD Co. has a 1-year low of C$3.94 and a 1-year high of C$9.68. The firm has a market capitalization of C$3.44 billion, a price-to-earnings ratio of 4.39, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47.

Analyst Ratings Changes

A number of brokerages recently weighed in on IMG. Cibc World Mkts raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. National Bankshares raised their price target on shares of IAMGOLD from C$12.00 to C$13.50 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Finally, Raymond James raised shares of IAMGOLD from a “strong sell” rating to a “hold” rating in a research note on Monday, February 3rd. Two research analysts have rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, IAMGOLD currently has an average 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.