ValuEngine has upgraded Iamgold Corp Iag (NYSE:IAG) from Sell to Hold in a report released on 5/24/2017.
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IAMGOLD Corp IAG has a 52 week low of $3.16 and a one year high of $7.25 with a price-earnings ratio of 5.59 The company’s market cap is currently $0.
In addition to ValuEngine reporting its target price, a total of 14 firms have reported on the stock. The consensus target price is $3.55 with 0 brokerages rating the stock a strong buy, two analysts rating the company a buy, six analysts rating the company a hold, six analysts rating the company a underperform, and lastly one equity analyst rating the company a sell.
Brief Synopsis About IAMGOLD Corp IAG (NYSE:IAG)
IAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents. The Company's gold mine segment is divided into geographic segments, such as Burkina Faso – Essakane mine; Suriname-Rosebel mine; Canada-Doyon division, which includes the Westwood mine and the Doyon mine, and Joint ventures (Mali)-Sadiola mine (41%) and Yatela mine (40%). The Company's non-gold segments are divided into Exploration and evaluation, and Corporate, which includes royalty interests located in Canada and investments in associates and joint ventures. In Canada, the Company owns the Westwood mine in Quebec and the Cote Gold project, a development project located in Ontario.
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