Iamgold Corporation – Consensus Indicates Potential 56.4% Upside

Broker Ratings

Iamgold Corporation found using ticker (IAG) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The range between the high target price and low target price is between 2.7 and 1.16 calculating the mean target price we have 1.83. Now with the previous closing price of 1.17 this would indicate that there is a potential upside of 56.4%. The 50 day MA is 1.43 while the 200 day moving average is 2.49. The company has a market cap of $604m. Company Website: https://www.iamgold.com

The potential market cap would be $944m 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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