Canaccord Genuity reiterated their hold rating on shares of Iamgold (NYSE:IAG) (TSE:IMG) in a research note published on Friday morning, TipRanks reports.
IAG has been the topic of several other research reports. Raymond James set a $31.00 price objective on shares of Mylan and gave the company a buy rating in a research note on Wednesday, May 8th. ValuEngine raised shares of Xylem from a hold rating to a buy rating in a research report on Friday, June 21st. BMO Capital Markets downgraded shares of Iamgold from an outperform rating to a market perform rating in a research report on Monday, May 6th. Royal Bank of Canada reissued a neutral rating and issued a $192.00 target price on shares of Amgen in a research report on Tuesday, May 21st. Finally, Zacks Investment Research downgraded shares of Hancock Jaffe Laboratories from a buy rating to a hold rating in a research report on Wednesday, June 26th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of $4.18.
Iamgold stock traded down $0.02 during trading hours on Friday, hitting $3.74. The company had a trading volume of 5,959,060 shares, compared to its average volume of 5,504,531. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 62.33, a P/E/G ratio of 52.50 and a beta of 0.08. The company has a quick ratio of 3.11, a current ratio of 4.18 and a debt-to-equity ratio of 0.14. The company’s fifty day moving average is $3.25. Iamgold has a fifty-two week low of $2.28 and a fifty-two week high of $5.79.
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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