Benjamin Richard Little Sells 61,000 Shares of Iamgold (IMG) Stock

Iamgold (TSE:IMG) (NYSE:IAG) insider Benjamin Richard Little sold 61,000 shares of the company’s stock in a transaction dated Thursday, May 10th. The stock was sold at an average price of C$7.87, for a total value of C$480,070.00.

Benjamin Richard Little also recently made the following trade(s):

  • On Thursday, March 1st, Benjamin Richard Little sold 13,476 shares of Iamgold stock. The stock was sold at an average price of C$6.61, for a total value of C$89,076.36.

Shares of Iamgold stock opened at C$7.78 on Monday. Iamgold has a 12 month low of C$5.64 and a 12 month high of C$8.87.

Iamgold (TSE:IMG) (NYSE:IAG) last announced its quarterly earnings data on Wednesday, February 21st. The mining company reported C($0.04) EPS for the quarter, missing the consensus estimate of C$0.03 by C($0.07). The firm had revenue of C$369.67 million for the quarter. Iamgold had a negative net margin of 5.81% and a negative return on equity of 2.54%.

Several equities analysts have recently commented on IMG shares. Canaccord Genuity increased their price objective on Iamgold from C$9.00 to C$10.50 in a research report on Friday, January 19th. National Bank Financial increased their price objective on Iamgold from C$10.25 to C$11.00 in a research report on Friday, January 26th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of C$8.53.

About Iamgold

IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. It also explores for copper and silver. The company owns interests in the Rosebel gold mine located in north eastern Suriname, South America; the Essakane gold mine in north-eastern Burkina Faso, West Africa; the Westwood gold mine in southwestern Québec, Canada; and the Sadiola Gold Mine located in southwest Mali, West Africa.

Insider Buying and Selling by Quarter for Iamgold (TSE:IMG)

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