Iamgold Corporation – Consensus Indicates Potential 26.5% Upside

Broker Ratings

Iamgold Corporation with ticker code (IAG) have now 12 analysts in total covering the stock. The consensus rating is ‘Underperform’. The target price ranges between 3.86 and 1.75 and has a mean target at 2.39. Given that the stocks previous close was at 1.89 this is indicating there is a potential upside of 26.5%. The 50 day moving average now sits at 2.34 and the 200 day moving average is 2.79. The market cap for the company is $862m. You can visit the company’s website by visiting: https://www.iamgold.com

The potential market cap would be $1,090m based on the market concensus.

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IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa; and Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 586 square kilometer located in Ontario, Canada. Its exploration and development projects include the Pitangui project in Brazil; the Karita project located in Guinea; the Diakha-Siribaya project situated in Mali; and the Nelligan and Monster Lake projects located in Quebec, Canada. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

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