IAMGOLD FY2026 EPS Boosted by National Bank Financial

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Analysts at National Bank Financial upped their FY2026 earnings estimates for shares of IAMGOLD in a research note issued to investors on Tuesday, December 17th. National Bank Financial analyst M. Parkin now forecasts that the mining company will earn $1.68 per share for the year, up from their prior estimate of $1.58. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share.

A number of other equities research analysts have also recently issued reports on IMG. Stifel Nicolaus upped their price objective on IAMGOLD from C$6.00 to C$9.00 in a research note on Monday, October 21st. Canaccord Genuity Group raised shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 22nd. Royal Bank of Canada lowered shares of IAMGOLD from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, September 10th. National Bankshares increased their price target on IAMGOLD from C$12.00 to C$12.50 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Cibc World Mkts upgraded shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. Two research analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$8.43.

IAMGOLD Stock Up 1.5 %

Shares of IMG stock opened at C$7.46 on Friday. The firm’s fifty day moving average price is C$7.60 and its two-hundred day moving average price is C$6.58. IAMGOLD has a 1 year low of C$3.00 and a 1 year high of C$8.80. The company has a current ratio of 1.34, a quick ratio of 1.19 and a debt-to-equity ratio of 35.17. The firm has a market capitalization of C$4.25 billion, a P/E ratio of 23.31, a PEG ratio of -0.28 and a beta of 1.47.

Insiders Place Their Bets

In other IAMGOLD news, Director Renaud Adams acquired 36,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was acquired at an average price of C$6.95 per share, for a total transaction of C$250,102.80. Also, Senior Officer Timothy Bradburn sold 16,800 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of C$8.10, for a total transaction of C$136,080.00. Corporate insiders own 0.10% of the company’s stock.

IAMGOLD Company Profile

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.