Credit Suisse advised their investors in a research report released on Aug 18, 2016. (NYSE:IAG) in a note issued to investors on Thursday.
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Some analyst provided their insight on Growth Estimates; Iamgold Corporation has the Current Quarter Earnings Growth rate of 116.7%. The Average price target is noted at $5.48, this average price is calculated and based on coming up with go through the consensus of analysts and stock’s current price is placed at $4.8.
Shares of IAMGOLD Corp (TSE:IMG) traded down 2.55% on Wednesday, hitting $6.11.
Having a price of $6.17, Iamgold Corp (TSE:IMG) traded 0.00% even on the day. Macquarie upgraded shares of Iamgold Corp. from an “underperform” rating to a “neutral” rating in a research report on Thursday, May 5th. Canaccord Genuity upped their price objective on IAMGOLD Corp from C$3.40 to C$4.50 in a report on Tuesday, May 3rd. CIBC raised IAMGOLD Corp from an “underperform” rating to a “sector perform” rating in a report on Monday, June 27th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The Corporation has a Mean Rating of 3 based on the Reuters Analysts consensus issuing ratings. BlackRock Fund Advisors raised its position in shares of Iamgold Corp.by 225.1% in the first quarter.
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AngloGold Ashanti Limited (NYSE:AU) showed bearish move with loss of -2.98% after exchanging volume of 4.86 million shares in last trading session ended on 8/17/2016. Wellington Management Group LLP now owns 232,586 shares of the mining company’s stock worth $514,000 after buying an additional 195,117 shares during the last quarter. Current year EPS projections for IAMGOLD Corp (USA) (NYSE:IAG) are set at $0.04 according to the sentiments of 13 analysts, while its lowest earnings estimates are $0.11 and highest earnings estimates are $14. (NYSE:IAG) opened at 4.80 on Thursday. The daily trading range was observed between a day’s low price of $4.65 to a day’s high price of $4.91. The company’s Market capitalization is $3.93 Billion with the total Outstanding Shares of 344.34 Million. AngloGold Ashanti Limited has an EPS ratio of -0.21. During the same quarter in the previous year, the business posted ($0.08) EPS. At the time, this suggested a downside of 0.00%. The company’s revenue was up 2.6% compared to the same quarter past year. Iamgold Corp has been the topic of 4 analyst reports since January 29, 2016 according to StockzIntelligence Inc. Through its holdings, IAMGOLD has interests in various activities and exploration properties, as well as various royalty interests on mineral resource properties.
