4.59 0.00 (0.00%)
Pre-Market: 4:40AM EDT
|Bid||2.00 x 34100|
|Ask||4.59 x 28000|
|Day's Range||4.58 - 4.76|
|52 Week Range||4.58 - 7.25|
|PE Ratio (TTM)||3.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.65|
Columbus Gold Corp. (CGT:TSX) (CGTFF:OTCQX) (“Columbus”) is pleased to announce that it has entered into an agreement with IAMGOLD Corporation (IMG:TSX) to acquire up to a 70% interest in the Maripa gold project, located in French Guiana, France. “With mine permitting well underway at the Montagne d’Or gold deposit, the timing was right for this deal on Maripa,” said Robert Giustra, Chairman of Columbus Gold. Maripa is located in eastern French Guiana, 50 kilometres south of the capital city of Cayenne, and is comprised of up to five contiguous exploration permits (PER) that cover an area of approximately 120 square kilometres.
Iamgold’s Q2 2018 Results Were a Mixed Bag: Is Outlook Better? Historically, Iamgold (IAG) has traded at a lower valuation than its peers. However, after its significant turnaround in 2017 and year-to-date, its discount compared to its peers has decreased. Among Iamgold’s (IAG) close peers, Agnico Eagle Mines (AEM), Yamana Gold (AUY), Eldorado Gold (EGO), and New Gold (NGD) have forward multiples of 11.3x, 5.7x, 6.7x, and 4.6x, respectively.
Iamgold’s Q2 2018 Results Were a Mixed Bag: Is Outlook Better? Iamgold (IAG) has multiple organic growth opportunities, and it’s pursuing expansion opportunities at existing deposits. The company expects initial resource estimates from some of these projects.
Iamgold’s Q2 2018 Results Were a Mixed Bag: Is Outlook Better? Iamgold’s (IAG) Westwood mine had a pivotal year in 2017 since it resumed operating at its normal production level in Q2 2017. Along with Essakane and Rosebel, the Westwood mine delivered lower production in Q2 2018.
Iamgold’s (IAG) Rosebel mine is located in northeastern Suriname in South America. IAG owns 95% of Rosebel. In the second quarter, Rosebel’s attributable production fell 5% YoY (year-over-year) to 70,000 ounces. Lower production at the mine was mainly due to planned maintenance and an increase in hard rock blend.
Iamgold (IAG) generated revenues of $277.4 million in Q2 2018, which represents a YoY (year-over-year) growth of 1.1%. Its higher realized prices and higher sales at its Rosebel mine were offset by lower sales volumes at its Essakane and Westwood mines. Its attributable gold production was 214,000 ounces, which was 4% lower than Q2 2017.
Iamgold (IAG) reported its Q2 2018 results after the market closed on August 8. It reported EPS of $0.03, beating the consensus estimate by $0.02. Its revenues, however, missed the expectation, coming in at $277.4 million compared to the consensus of $301 million.
NEW YORK, NY / ACCESSWIRE / August 9, 2018 / IAMGOLD Corporation (NYSE: IAG ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 9, 2018 at 8:30 AM Eastern Time. To ...
The Toronto-based company said it had a loss of 6 cents per share. Earnings, adjusted for non-recurring costs, came to 3 cents per share. The results surpassed Wall Street expectations. The average estimate ...
TORONTO , Aug. 8, 2018 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announces that its Board of Directors has appointed Ronald Gagel as a Director of the Company. ...
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. For more information, refer to the Management Discussion and Analysis (MD&A) and Unaudited Consolidated Interim Financial ...
IAMGOLD Continues Successful Execution of Growth Projects and Reports Solid Second Quarter 2018
I am going to take a deep dive into IAMGOLD Corporation’s (TSE:IMG) most recent ownership structure, not a frequent subject of discussion among individual investors. Ownership structure has been foundRead More...
On Wednesday, IAMGold (NYSE: IAG ) will release its latest earnings report. Benzinga's outlook for IAMGold is included in the following report. Earnings and Revenue Based on management's projections, IAMGold ...
LONDON (Reuters) - British Airways-owner IAG (ICAG.L) does not plan to remain a long-term shareholder in bid target Norwegian Air Shuttle (NWC.OL) if a takeover of the low-cost airline does not go ahead. ...
IAG (ICAG.L) shares fell on Friday after the British Airways owner's quarterly profit missed forecasts and it reported a weaker than expected performance on trans-Atlantic travel compared to peers. Although IAG stuck with its guidance for 2018 profit to rise, its shares were down 3.9 percent to 657 pence at 0821 GMT, the biggest faller on Britain's bluechip index (.FTSE). The owner of Iberia, Vueling, Aer Lingus and Level reported second quarter operating profit before exceptional items of 835 million euros, up 6 percent on last year but slightly missing a 848 million euro consensus analyst forecast.
LONDON (Reuters) - The boss of British Airways-owner IAG (ICAG.L) said he remained interested in buying the fast-growing budget airline Norwegian Air Shuttle (NWC.OL) after the two held talks earlier this ...
What Sent Yamana Gold’s Stock Up 10% after Its Earnings Release? Yamana Gold’s (AUY) valuation multiples, which represent how much investors are willing to pay for a stock based on analysts’ estimates, has ranged between 4.3x and 9.8x over the last five years. Yamana is currently trading at a forward EV1-to-EBITDA multiple of 5.4x.
IAMGOLD (IAG) was the best-performing gold stock of 2017, returning 51.4% for the year. It significantly outperformed the VanEck Vectors Gold Miners ETF (GDX) as well as the SPDR Gold Shares ETF (GLD). Although it hasn’t performed as well in 2018, it has given positive returns, outperforming the SPDR Gold Shares ETF (GLD) and the VanEck Vectors Gold Miners ETF (GDX) year-to-date.
Ryanair (RYA.I), Easyjet (EZJ.L), Wizz Air (WIZZ.L) and IAG (ICAG.L) submitted complaints to the European Commission against France on Tuesday, arguing that its air traffic controllers' strikes were restricting freedom of movement within the EU. European airlines have faced an increasing threat to profits this year from the cost of flight cancellations associated with air traffic control (ATC) strikes. France has been a particular problem area with public sector workers staging a series of protests over the government's economic reforms.
IAMGOLD Files NI 43-101 Technical Report for Previously Announced Pre-feasibility Study for the Essakane Mine Heap Leach Project