|Bid||2.860 x 46000|
|Ask||2.860 x 42300|
|Day's Range||2.8300 - 2.9200|
|52 Week Range||2.7500 - 6.5200|
|Beta (3Y Monthly)||-0.90|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.65|
Iamgold Corp. (IAG) plummeted 10.34% to $3.21 on Wednesday on the New York Stock Exchange after releasing production results for full-year 2018. Warning! GuruFocus has detected 1 Warning Sign with IAG. The chart below illustrates the issue, which, together with an expected drop in the attributable production of gold for 2019, has impinged on the share price.
The Spanish government is confident national flag carrier Iberia will be able to fly across Europe in the event of a disorderly Brexit, even though the airline is majority-owned by Britain-based Anglo-Spanish group IAG (ICAG.L). Britain is due to leave the European Union on March 29 but has yet to seal a withdrawal agreement, posing a potential risk to airlines that don't meet EU rules requiring European carriers to be majority-owned and operated in the bloc. "From the public works ministry's point of view, we're convinced that Iberia is a Spanish company," a spokesman for the ministry told Reuters.
Our favorite speculative play for several years has been IAMGOLD Corporation (IAG), a gold exploration and mining company with mines in North American, South America and in West Africa, suggests Alan Newman, market strategist and editor of Crosscurrents.
After Brexit, European carriers will have to show they are more than 50 per cent EU-owned and controlled to retain flying rights in the bloc, the FT said. IAG was not immediately available for comment.
Canada's main stock index rose on Friday, helped by gains in key energy sector amid a robust 2.5 percent surge in crude oil prices. * The energy sector climbed 2 percent, the most among the 10 sectors trading higher. * At 9:46 a.m. ET (14:46 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 134.23 points, or 0.94 percent, at 14,346.98.
NEW YORK, Jan. 02, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Toronto, Ontario--(Newsfile Corp. - December 20, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") today provides an update on Brownfield Project milestones. Gord Stothart, Executive Vice President and COO for IAMGOLD, stated: "These low-capex, short payback projects are illustrative of the short-cycle investments we have undertaken at our mines to transform the assets and leverage existing infrastructure. Throughout past years and into 2018, we have continued to achieve our targeted ...
Shares in Toronto's main stock index were marginally higher on Thursday, led by a robust gain in the materials sector as gold prices rose over 1 percent supported by slump in the U.S. dollar and global stocks. * At 10:10 a.m. ET (15:05 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 11.73 points, or 0.10 percent, at 14,264.59. *Seven of the index's 11 major sectors were higher, led by the materials sector, up 3 percent, with shares of precious metal miners such as Guyana Goldfields Inc and Iamgold Corp leading gains.
Since the peak for bullion in August 2011, the metal has been under intense pressure and many gold stocks have declined significantly, asserts Alan Newman, editor of CrossCurrents.
Compania de MInas Buenaventura (NYSE:BVN) shares are perking up nicely, challenging levels not seen since the middle of June capping a rise of more than 33% of off the low set in August. Shares of Endeavour Silver (NYSE:EXK) are pushing above their 50-day moving average for the first time since October for a rise of nearly 20% from the low set in late November. Shares of Kinross Gold (NYSE:KGC) are challenging the upper end of a trading range going back to August, setting the stage for another test of resistance near its 200-day moving average — a level that was last tried back in July.
Toronto, Ontario--(Newsfile Corp. - December 12, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") today announced an initial Mineral Resource estimate for the Gossey satellite deposit, located approximately 15 kilometres northwest of its Essakane operation in Burkina Faso. The estimate was completed in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition Standards incorporated by reference in National Instrument 43-101 ("NI 43-101"). The resource estimate comprises 10.5 million ...
This could indicate that investors who seek to profit from falling equity prices are not currently targeting IAG. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating.
Toronto, Ontario--(Newsfile Corp. - November 26, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") announced today that the Company has filed a National Instrument 43-101 Technical Report ("NI 43-101") supporting the Feasibility Study ("FS") for the Côté Gold Project (the "Project") in Northern Ontario, reported in the Company's news release dated November 1, 2018. During the report compilation process, there was a minor re-classification adjustment between the Proven and Probable categories. While ...
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved, lost a third of its value since the end of July. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 30 S&P 500 stocks […]
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Based on 13F filings, despite weaker gold prices, hedge funds maintained their investments in gold in the third quarter. According to Fintel, at the end of the quarter, Paulson & Co. had 4.32 million shares of the world’s largest gold-backed ETF, the SPDR Gold Shares ETF (GLD).
Canada's main stock index fell on Friday, pressured by losses in technology and industrial shares. * At 9:37 a.m. ET (1437 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was down 49.28 points, or 0.33 percent, at 15,095.6. * Seven of the index's 11 major sectors were lower, led by a 0.7 percent fall in the technology sector, followed by a 0.6 percent drop in the industrials sector.
All monetary amounts are expressed in US dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - November 15, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") announces today that it has amended its revolving credit facility (the "Corporate Facility'), with the amount increased to $500 million from $250 million and the term extended to 2023. The commitments are secured by a syndicate of lenders led by National Bank of Canada and Deutsche Bank ...