IAG - IAMGOLD Corporation

NYSE - Nasdaq Real-time price. Currency in USD
3.2350
+0.2250 (+7.48%)
At close: 3:59PM EDT
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Previous close3.0100
Open3.2700
Bid3.2200 x 28000
Ask3.2300 x 29200
Day's range3.2038 - 3.4350
52-week range2.2800 - 6.1600
Volume13,750,877
Avg. volume5,256,210
Market cap1.525B
Beta (3Y monthly)-0.27
PE ratio (TTM)N/A
EPS (TTM)-0.2410
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date2013-07-01
1y target est7.65
Trade prices are not sourced from all markets
  • China National Gold Said to Study Bid for Canada's Iamgold
    Bloomberg7 hours ago

    China National Gold Said to Study Bid for Canada's Iamgold

    (Bloomberg) -- China National Gold Group Corp., the nation’s second-biggest miner of the metal, is studying a bid for a stake in Canada’s Iamgold Corp., people familiar with the matter said. Iamgold shares jumped the most in more than four years.The state-owned gold miner is working with financial advisers on the potential offer, the people said, asking not to be identified as the information is private. Iamgold is exploring a possible sale of all or part of the company and has spoken to several potential buyers, Bloomberg News reported last month.The Toronto-based firm’s decision to explore a sale follows several sizable mergers in the industry, including Newmont Mining Corp.’s acquisition of Goldcorp Inc. and Barrick Gold Corp.’s deal for Randgold Resources Ltd.Iamgold’s shares jumped 11% at 9:19 a.m. in Toronto trading, giving the company a market value of $1.6 billion. The shares earlier gained as much as 18%, the biggest intraday increase since December 2014.Gold prices have been on the rise as investors seek havens amid slowing global growth. Bullion for immediate delivery jumped to the highest in more than five years on Thursday after the U.S. Federal Reserve indicated a readiness to cut interest rates.China National Gold is the largest shareholder of China Gold International Resources Corp., listed in Hong Kong, and Shanghai-traded Zhongjin Gold Corp. No final decisions have been made and China National Gold may still decide against an offer, the people said. A representative for China National Gold didn’t respond to requests for comment. A representative for Iamgold declined to comment.The relationship between China and Canada remains tense after the arrest of Huawei Technologies Co. Chief Financial Officer Meng Wanzhou in Vancouver last December on an American extradition request.More than 80% of Iamgold’s revenue comes from outside Canada, with major operations in South America and Africa, according to data compiled by Bloomberg.(Updates with Iamgold share price move in fourth paragraph.)\--With assistance from Winnie Zhu and Danielle Bochove.To contact the reporters on this story: Dinesh Nair in London at dnair5@bloomberg.net;Scott Deveau in New York at sdeveau2@bloomberg.netTo contact the editors responsible for this story: Fion Li at fli59@bloomberg.net, ;Liana Baker at lbaker75@bloomberg.net, Amy Thomson, Ben ScentFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Could IAMGOLD Be Next as a Consolidation Wave Hits the Gold Space?
    Market Realistlast month

    Could IAMGOLD Be Next as a Consolidation Wave Hits the Gold Space?

    IAMGOLD Stock Soars as It Reportedly Seeks a Potential Sale(Continued from Prior Part)Recent megamergers in goldThe report from Bloomberg about the potential sale of all or parts of IAMGOLD’s (IAG) business comes as the gold sector is going

  • IAMGOLD Stock Soars as It Reportedly Seeks a Potential Sale
    Market Realistlast month

    IAMGOLD Stock Soars as It Reportedly Seeks a Potential Sale

    IAMGOLD Stock Soars as It Reportedly Seeks a Potential SaleIAMGOLD seeking a potential saleOn May 16, Bloomberg reported that IAMGOLD (IAG) could be exploring the possible sale of all or parts of its business.According to the report, the company is

  • Why IAMGOLD Stock Is Crashing Again After Losing 13% in April
    Motley Foollast month

    Why IAMGOLD Stock Is Crashing Again After Losing 13% in April

    The market is miffed with the gold miner's failure to create shareholder value.

  • Investors Spooked by IAMGOLD’s Probable Guidance Review in Q2
    Market Realistlast month

    Investors Spooked by IAMGOLD’s Probable Guidance Review in Q2

    Why IAMGOLD Stock Has Plunged Over 12% Today(Continued from Prior Part)IAMGOLD’s production is down and costs are upIAMGOLD’s (IAG) gold production for Q1 came in at 185,000 ounces, a decline of ~19% from Q1 2018. The company attributed the

  • Why IAMGOLD Stock Has Plunged Over 12% Today
    Market Realistlast month

    Why IAMGOLD Stock Has Plunged Over 12% Today

    Why IAMGOLD Stock Has Plunged Over 12% TodayIAMGOLD’s weaker-than-expected Q1 2019 resultsIAMGOLD (IAG) released its Q1 2019 results yesterday after markets closed. The company reported EPS of $0.0, which implied a miss, as analysts were expecting

  • Why IAMGOLD Stock Is Tumbling Today
    Motley Foollast month

    Why IAMGOLD Stock Is Tumbling Today

    The gold mining company disappointed its investors.

  • Oilprice.com2 months ago

    5 Stocks To Watch As Gold Preps To Takeoff

    Economic concerns and growing calls of looming ‘peak gold’ are poised to prop up gold prices in the near-term, and a few companies are well positioned to ride the wave

  • Wall Street Ratings: Gauging Gold Miners’ Upside Potentials
    Market Realist3 months ago

    Wall Street Ratings: Gauging Gold Miners’ Upside Potentials

    How Gold and Gold Miners Performed in Q1(Continued from Prior Part)Agnico Eagle Mines and IAMGOLD Among senior and intermediate gold miners (GDX) (GDXJ), analysts are most bullish on Agnico Eagle Mines (AEM). It has 83% “buy” and 17% “hold”

  • Why Shares of IAMGOLD Sank 11% in February
    Motley Fool3 months ago

    Why Shares of IAMGOLD Sank 11% in February

    Thanks to a lackluster fourth-quarter earnings report, this gold miner ended last month glittering a lot less than when it began.

  • Why IAMGOLD Stock Popped 11% Today
    Motley Fool3 months ago

    Why IAMGOLD Stock Popped 11% Today

    There may be a nugget of truth in rumors that IAMGOLD is for sale.

  • GlobeNewswire4 months ago

    Report: Exploring Fundamental Drivers Behind Iamgold, Malibu Boats, Renren, 58, Neos Therapeutics, and Kimball Electronics — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, Feb. 26, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.

  • Why IAMGOLD Has Climbed the Ranks among Analysts
    Market Realist5 months ago

    Why IAMGOLD Has Climbed the Ranks among Analysts

    Which Five Gold Stocks Are Analysts Loving So Far in 2019?(Continued from Prior Part)Analysts’ ratings for IAGCurrently, IAMGOLD (IAG) has the third-highest number of “buy” recommendations among analysts at 75%. The other 25% analysts have

  • IAG vs. FNV: Which Stock Should Value Investors Buy Now?
    Zacks5 months ago

    IAG vs. FNV: Which Stock Should Value Investors Buy Now?

    IAG vs. FNV: Which Stock Is the Better Value Option?

  • Shares of IAMGOLD Sink 11% on Weak 2019 Outlook
    Motley Fool5 months ago

    Shares of IAMGOLD Sink 11% on Weak 2019 Outlook

    Investors reacted poorly to the gold miner's forecast for lower production and higher costs in the coming year.

  • GlobeNewswire6 months ago

    Investor Expectations to Drive Momentum within Norfolk Southern, Ellie Mae, PTC, Iamgold, Moxian, and Park City Group — Discovering Underlying Factors of Influence

    NEW YORK, Jan. 02, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Shares of IAMGOLD Surge 10% Today on Rising Gold Prices
    Motley Fool6 months ago

    Shares of IAMGOLD Surge 10% Today on Rising Gold Prices

    The metal rises amid a stock market decline, and it's lifting shares of this mid-tier miner.

  • Is IAMGOLD Corporation a Buy?
    Motley Fool6 months ago

    Is IAMGOLD Corporation a Buy?

    Is the Canada-based gold miner's recent underperformance a buying opportunity?

  • Here's Why These Gold Stocks Lost as Much as 18.5% in November
    Motley Fool6 months ago

    Here's Why These Gold Stocks Lost as Much as 18.5% in November

    A sharp drop in the price of gold sent shares of struggling gold miners lower last month.

  • John Paulson Remains Bullish as Ever on Gold
    Market Realist7 months ago

    John Paulson Remains Bullish as Ever on Gold

    Based on 13F filings, despite weaker gold prices, hedge funds maintained their investments in gold in the third quarter. According to Fintel, at the end of the quarter, Paulson & Co. had 4.32 million shares of the world’s largest gold-backed ETF, the SPDR Gold Shares ETF (GLD).

  • Some Bright Spots in Other Dull Intermediate Gold Miner Stocks
    Market Realist7 months ago

    Some Bright Spots in Other Dull Intermediate Gold Miner Stocks

    As Positive Catalysts for Gold Emerge, Which Miners May Benefit? Among intermediate gold miners (GDXJ), Agnico Eagle Mines (AEM) has the highest forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 10.6x, which implies a whopping premium of 76.0% to its close peers. AEM’s strong operational consistency and its exploration program support a higher multiple for the stock.

  • The Market Has Restored IAG’s Discount—Is a Turnaround Possible?
    Market Realist7 months ago

    The Market Has Restored IAG’s Discount—Is a Turnaround Possible?

    Historically, IAMGOLD (IAG) has traded at a lower valuation than its peers. Due to its significant turnaround in 2017, the stock’s multiple rerated in 2017, and it’s since reverted back due to IAG’s weak operational performance.

  • GlobeNewswire7 months ago

    Consolidated Research: 2018 Summary Expectations for Senior Housing Properties Trust, NACCO Industries, Primo Water, Martin Marietta Materials, Iamgold, and Odonate Therapeutics — Fundamental Analysis, Key Performance Indications

    NEW YORK, Nov. 09, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • What Would Make Analysts More Positive on IAMGOLD?
    Market Realist7 months ago

    What Would Make Analysts More Positive on IAMGOLD?

    What Would It Take to Restore Investors’ Confidence in IAMGOLD? Currently, IAMGOLD (IAG) has the fourth-highest number of “buy” ratings among its peers at 75%. Analysts’ sentiment for the stock has remained stagnant for the last few months.