Headlines about Iamgold (NYSE:IAG) (TSE:IMG) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Iamgold earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned press coverage about the mining company an impact score of 46.624258085907 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
A number of brokerages recently issued reports on IAG. CIBC raised shares of Iamgold from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $6.93 to $7.00 in a report on Wednesday, September 6th. Raymond James Financial increased their target price on shares of Iamgold from $6.00 to $7.25 and gave the stock a “market perform” rating in a research note on Thursday, September 7th. Canaccord Genuity lowered shares of Iamgold from a “buy” rating to a “hold” rating and set a $8.07 target price for the company. in a research note on Friday, September 29th. Scotiabank increased their target price on shares of Iamgold from $6.25 to $7.00 and gave the stock a “sector perform” rating in a research note on Friday, September 15th. Finally, Royal Bank Of Canada set a $7.00 price target on shares of Iamgold and gave the stock a “hold” rating in a research report on Tuesday, August 29th. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $7.10.
Iamgold (NYSE IAG) opened at $5.37 on Friday. The company has a current ratio of 4.78, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a market cap of $2,524.06, a P/E ratio of 54.30, a PEG ratio of 21.29 and a beta of -0.57. Iamgold has a 1 year low of $3.16 and a 1 year high of $7.25.
Iamgold (NYSE:IAG) (TSE:IMG) last announced its earnings results on Tuesday, November 7th. The mining company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. Iamgold had a net margin of 48.66% and a return on equity of 1.81%. The business had revenue of $268.80 million for the quarter, compared to analyst estimates of $268.62 million. During the same period last year, the firm posted $0.05 earnings per share. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. research analysts predict that Iamgold will post 0.09 EPS for the current year.
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IAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents.
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