Iamgold Corporation – Consensus Indicates Potential 52.8% Upside

Broker Ratings

Iamgold Corporation found using ticker (IAG) have now 12 analysts in total covering the stock. The consensus rating is ‘Underperform’. The target price ranges between 3.89 and 1.3 calculating the average target price we see 2.2. Now with the previous closing price of 1.44 this would indicate that there is a potential upside of 52.8%. There is a 50 day moving average of 1.93 and the 200 moving average now moves to 2.73. The company has a market cap of $670m. Visit the company website at: https://www.iamgold.com

The potential market cap would be $1,024m 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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