Iamgold Corporation with ticker code (IAG) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 9.05 and 6.25 with the average target price sitting at 7.65. With the stocks previous close at 4.49 this would indicate that there is a potential upside of 70.4%. The 50 day MA is 3.74 while the 200 day moving average is 3.25. The company has a market capitalisation of $2,026m. Company Website: http://www.iamgold.com
IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine in Burkina Faso, West Africa; the Westwood mine in Quebec, Canada. Its exploration and development projects include the Boto gold project in Senegal; the Diakha-Siribaya gold project in Mali; the Pitangui project in Brazil; the Côté gold project in Ontario; Eastern Borosi in Nicaragua; and the Karita gold project in Guinea, as well as holds interest in the Loma Larga, a gold, silver, and copper project in southern Ecuador. The company also has an option agreement to acquire 100% interest in the Rouyn gold project in Quebec. IAMGOLD Corporation was founded in 1990 and is headquartered in Toronto, Canada.