FY2026 Earnings Estimate for IAMGOLD Issued By Cormark

IAMGOLD Co. (NYSE:IAG) (TSE:IMG) – Analysts at Cormark issued their FY2026 EPS estimates for IAMGOLD in a research report issued on Monday, November 11th. Cormark analyst R. Gray forecasts that the mining company will earn $1.37 per share for the year. The consensus estimate for IAMGOLD’s current full-year earnings is $0.56 per share.

Several other brokerages have also recently weighed in on IAG. Canaccord Genuity Group upgraded IAMGOLD from a “hold” rating to a “buy” rating and upped their price target for the company from $7.75 to $10.50 in a research report on Tuesday, October 22nd. Canaccord Genuity Group upgraded shares of IAMGOLD from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd. StockNews.com raised IAMGOLD from a “hold” rating to a “buy” rating in a research note on Monday. National Bank Financial upgraded IAMGOLD from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 10th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $6.00 price target on shares of IAMGOLD in a report on Tuesday, October 22nd. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, IAMGOLD currently has an average rating of “Moderate Buy” and a consensus price target of $6.68.

IAMGOLD Stock Performance

Shares of NYSE IAG traded down $0.03 during mid-day trading on Thursday, hitting $4.95. The company had a trading volume of 381,288 shares, compared to its average volume of 9,044,020. The company has a current ratio of 0.89, a quick ratio of 0.61 and a debt-to-equity ratio of 0.24. IAMGOLD has a 1 year low of $2.11 and a 1 year high of $6.37. The company has a market capitalization of $2.83 billion, a price-to-earnings ratio of 3.89 and a beta of 1.57. The stock’s 50-day moving average price is $5.29 and its 200-day moving average price is $4.53.

Hedge Funds Weigh In On IAMGOLD

Several institutional investors have recently modified their holdings of IAG. ORG Partners LLC bought a new stake in shares of IAMGOLD in the 3rd quarter worth approximately $29,000. Eastern Bank purchased a new stake in IAMGOLD during the third quarter valued at about $30,000. TIAA Trust National Association bought a new position in shares of IAMGOLD during the second quarter valued at about $38,000. Cetera Advisors LLC purchased a new position in shares of IAMGOLD in the first quarter worth about $50,000. Finally, WINTON GROUP Ltd bought a new stake in shares of IAMGOLD in the 2nd quarter valued at about $52,000. 47.08% of the stock is currently owned by institutional investors.

About IAMGOLD

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.