IAG - IAMGOLD Corporation
| Previous Close | 3.4000 |
| Open | 3.4300 |
| Bid | 3.3700 x 34100 |
| Ask | 3.3800 x 1400 |
| Day's Range | 3.3600 - 3.4800 |
| 52 Week Range | 2.2800 - 4.1700 |
| Volume | 3,453,262 |
| Avg. Volume | 5,402,084 |
| Market Cap | 1.572B |
| Beta (3Y Monthly) | 0.13 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.2140 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2013-07-01 |
| 1y Target Est | 7.65 |
- Zacks
What's in the Offing for Commercial Metals' (CMC) Q4 Earnings?
Commercial Metals' (CMC) Q4 results likely to reflect benefits of improvement in key end markets amid higher manufacturing costs and interest expenses.
- Zacks
Yamana (AUY) to Report Q3 Earnings: What's in the Offing?
Higher gold price is likely to reflect on Yamana's (AUY) Q3 results.
- Newsfile
IAMGOLD Reports Initial Mineral Resource Estimate of 3.2 Million Inferred Ounces for the Nelligan Gold Project, Quebec
Toronto, Ontario--(Newsfile Corp. - October 22, 2019) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") today announced the initial Mineral Resource estimate on its Nelligan Joint Venture Project ("Nelligan") (IAMGOLD: 51%, Vanstar Mining Resources Inc. ("Vanstar"): 49%), located 60 kilometres southwest of Chibougamau, Quebec, Canada. 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 ...
- Newsfile
IAMGOLD publie une première estimation des ressources de 3,2 millions d'onces présumées pour le projet aurifère Nelligan, au Québec
Toronto, Ontario--(Newsfile Corp. le 8 octobre 2019) - IAMGOLD Corporation (TSX: IMG) (« IAMGOLD » ou la « Societe ») annonce la premiere estimation des ressources de son projet en coentreprise Nelligan (« Nelligan ») (IAMGOLD : 51 %, Vanstar Mining Resources Inc. (« Vanstar ») : 49 %), situe a 60 kilometres au sud-ouest de Chibougamau (Quebec), au Canada. L'estimation a ete realisee conformement aux Normes sur les definitions de l'Institut canadien des mines, de la metallurgie et du petrole (ICM) integrees ...
- Zacks
Agnico Eagle (AEM) to Post Q3 Earnings: Is a Beat in Store?
Benefits of higher gold prices and production are likely to show on Agnico Eagle's (AEM) Q3 results.
- Zacks
Will Lower Prices Hurt Cleveland-Cliffs' (CLF) Q3 Earnings?
Cleveland-Cliffs' (CLF) Q3 results are likely to have been hurt by lower iron ore and steel prices.
- Bloomberg
Iamgold Sale Stalls as Chinese Bidders’ Talks Fail
(Bloomberg) -- The sale of Iamgold Corp. has stalled after the mid-tier Canadian gold miner failed to reach an agreement with several Chinese suitors, people with knowledge of the matter said.Chinese gold producers including China National Gold Group Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. had all shown interest in Iamgold, said the people, who asked not to be identified as the information is private. But discussions stumbled over price as well as concerns related to ongoing Sino-Canada political tensions, the people said.Though talks have stalled, it’s still possible a suitor may re-enter with a better offer, according to one of the people. The Canadian company could also decide to pursue other options, such as selling a stake in its Cote project, the people said. Representatives for Iamgold, China National Gold, Shandong Gold and Zijin Mining declined to comment.Shares of Iamgold closed 2.6% lower at C$4.86 on Wednesday in Toronto trading, after dropping as much as 3.6%. The stock has risen about 2.1% in the past 12 months, giving it a market value of C$2.27 billion ($1.7 billion.)Gold is near a six-year high, and the amount of gold reserves still buried in mines is down by more than half from a 2011 peak. Miners of the precious metal are seeking to secure sources of the material by snapping up rivals. Acquisitions of gold producers have jumped to $18.2 billion this year, the highest level in eight years, data compiled by Bloomberg shows.Iamgold operates four producing mines, including Westwood Gold Mfine in Canada and joint ventures in Mali. It produced 882,000 ounces of gold in 2018 and has about 24,116,000 ounces of total proven and probable reserves, according to its website.China National Gold, the country’s second-largest miner of the metal, is studying a bid for a stake in the Canadian gold producer, Bloomberg News reported in June. The company is on the hunt for acquisitions to replenish its pipeline, according to Jerry Xie, executive vice president for China Gold International Resources Corp., the overseas subsidiary of the state-owned firm.A diplomatic feud over the arrest of Huawei Technologies Co.’s chief financial officer, Meng Wanzhou, on Canadian soil has escalated since December and resulted in Beijing detaining two Canadians, halting imports of canola and banning meat shipments from Canada.\--With assistance from Winnie Zhu.To contact the reporters on this story: Vinicy Chan in New York at vchan91@bloomberg.net;Harry Brumpton in Sydney at hbrumpton@bloomberg.net;Scott Deveau in New York at sdeveau2@bloomberg.netTo contact the editors responsible for this story: Fion Li at fli59@bloomberg.net, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Newsfile
IAMGOLD Announces Dates for Its Third Quarter 2019 Results
Toronto, Ontario--(Newsfile Corp. - October 8, 2019) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") will release its third quarter 2019 financial results after market hours on Wednesday, November 6th, 2019.CONFERENCE CALLA conference call will be held on Thursday, November 7th, 2019 at 8:30 a.m. (Eastern Time) for a discussion with management regarding the Company's operating performance and financial results for the third quarter 2019. A webcast of the conference call will ...
- Newsfile
IAMGOLD annonce la date de la diffusion de ses résultats du troisième trimestre de 2019
Toronto, Ontario--(Newsfile Corp. le 8 octobre 2019) - IAMGOLD Corporation (TSX: IMG) (« IAMGOLD » ou « la Societe ») diffusera ses resultats financiers du troisieme trimestre de 2019 apres la fermeture des marches le mercredi 6 novembre 2019.TÉLÉCONFÉRENCEUne teleconference aura lieu le jeudi 7 novembre 2019 a 8 h 30 (heure de l'Est) au cours de laquelle la direction discutera des resultats d'exploitation et des resultats financiers de la Societe du troisieme trimestre de 2019. Une webdiffusion de la ...
- Newsfile
IAMGOLD confirme l'accroissement des activités d'exploitation dans les fosses sud de la mine d'or Rosebel
Toronto, Ontario--(Newsfile Corp. le 3 octobre 2019) - IAMGOLD Corporation (TSX: IMG) (« IAMGOLD » ou la « Societe ») confirme qu'elle poursuit l'accroissement de ses activites d'exploitation dans les fosses sud de sa mine d'or Rosebel (« Rosebel ») au Suriname. En reponse a des reportages mediatiques recents, la Societe declare que l'acces a Rosebel n'a pas ete bloque.La Societe reaffirme que ses previsions de 2019 pour Rosebel demeurent prudentes, prenant en consideration plusieurs scenarios, y compris des scenarios ...
- Newsfile
IAMGOLD Confirms Ramp-Up of Mining Operations at Southern Pits of Rosebel Gold Mines
Toronto, Ontario--(Newsfile Corp. - October 3, 2019) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") confirms that it continues ramp-up activities at its southern pits at its Rosebel Gold Mine ("Rosebel") in Suriname. In response to recent media reports, the Company reports that there was no blockade at Rosebel.We reiterate that our 2019 guidance for Rosebel remains conservative, incorporating several scenarios, including cases with no production from the southern pits and Saramacca. ...
- Reuters
Canada's Iamgold halts some work at Rosebel mine in Suriname: report
This is the second shutdown to hit the mine since August, when operations were suspended after an illegal miner was killed during a clash with police. Iamgold last week said it had resumed mining operations at Rosebel’s southern pits, with a full ramp-up expected within roughly 30 days. The mining industry is grappling with a rising number of illegal miners, also known as artisanal miners, who break into sites in search of metals.
- Reuters
Canada's Iamgold halts some work at Rosebel mine in Suriname - report
Canadian miner Iamgold Corp has partially halted work at its Rosebel gold mine in Suriname after an influx of illegal miners blockaded operations, local media reported on Thursday. This is the second shutdown to hit the mine since August, when operations were suspended after an illegal miner was killed during a clash with police. Iamgold last week said it had resumed mining operations at Rosebel’s southern pits, with a full ramp-up expected within roughly 30 days.
- Newsfile
IAMGOLD annonce une nouvelle découverte présentant des intersections à teneurs élevées à l'issue de son programme de forage de 2019 au projet Karita en Guinée
Toronto, Ontario--(Newsfile Corp.- le 2 octobre 2019) - IAMGOLD Corporation (TSX: IMG) (« IAMGOLD » ou la « Societe ») annonce les resultats d'analyse de son programme de forage de 2019 a son projet Karita, detenu en propriete exclusive, dans le nord-est de la Guinee. Ce projet est strategiquement situe le long de la zone de cisaillement prolifique Senegal-Mali, en Afrique de l'Ouest, entre deux autres projets de la Societe : le projet Boto au Senegal, au nord, ...
- Newsfile
IAMGOLD Reports New Discovery with High Grade Drill Intersections from Its 2019 Drilling Program on the Karita Project in Guinea
Toronto, Ontario--(Newsfile Corp. - October 2, 2019) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") today announced assay results from its 2019 drilling program on its wholly owned Karita project in North-Eastern Guinea. The project is strategically located along the prolific Senegal - Mali Shear Zone in West Africa, between the Company's Boto Gold Project in Senegal to the north, and its Diakha-Siribaya project in Mali to the south. The Company ...
- Simply Wall St.
IAMGOLD (TSE:IMG) Has Debt But No Earnings; Should You Worry?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- Reuters
UPDATE 1-China Gold sees Canada's Iamgold as good fit -executive
Canadian miner Iamgold Corp would fit well with China Gold International Resource Corp Ltd's acquisition strategy as the Chinese state-run company seeks to buy producing gold mines, an executive with the overseas arm of China National Gold Group said on Wednesday. China Gold is aggressively looking to add to its project pipeline, and Iamgold would be a good fit, Jerry Xie, executive vice president, told Reuters on the sidelines of the Denver Gold Forum.
- Reuters
China Gold sees Canada's Iamgold as good fit: executive
Canadian miner Iamgold Corp would fit well with China Gold International Resource Corp Ltd's oversees acquisition strategy as the Chinese state-run company seeks to buy producing gold mines, an executive with the overseas arm of China National Gold Group said on Wednesday. China Gold is aggressively looking to add to its project pipeline and Iamgold would be a good fit, Jerry Xie, executive vice president, told Reuters on the sidelines of the Denver Gold Forum.
- InvestorPlace
6 Cheap Gold and Silver Stocks to Buy Now
Investors on Wall Street have been growing nervous in recent weeks, and for good measure.The yield curve has inverted, a strong signal a recession is coming. The trade tensions between the United States and China remain high. And President Donald Trump seems determined to bully the Federal Reserve into cutting rates aggressively and weakening the U.S. dollar, all in an effort to bolster the U.S. economy and punch back against competitive devaluations underway by China and others.So it's not surprising that precious metals have perked up nicely alongside the gold and silver mining stocks. This is an area of the market that was left for dead for years -- as cryptocurrencies like bitcoin enjoyed the anti-dollar attention. But that's changing now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off Here are six cheap gold and silver stocks worth a look: Hecla Mining (HL)Hecla Mining (NYSE:HL) shares have scrambled back up and over their 50-day moving average, pushing up off of a solid base of support established over the last few months. Watch for a breakout attempt above the 200-day average, which hasn't been crossed in a major way since the middle of 2017.The company will next report results on Nov. 7 before the bell. Analysts are looking for a loss of two cents per share on revenues of $167.8 million. When the company last reported on Aug. 7, a loss of two cents per share missed estimates by seven cents on a 8.9% decline in revenues. Endeavour Silver (EXK)Shares of Endeavour Silver (NYSE:EXK) are moving back up to challenge their late March highs, making another attempt on the 200-week moving average after once again rising off of support near the $1.80-a-share level established in late 2018. The company will present at the upcoming Denver Gold 30th Annual Forum on Sept. 15. * 7 Tech Industry Dividend Stocks for Growth and Income Analysts at Noble Capital Markets recently downgraded shares on worries production costs were too high in a low price environment. But with metals prices on the rise, these concerns should fade. Yamana Gold (AUY)Shares of Yamana Gold (NYSE:AUY) have been on a tear lately, maintaining a steady rise above its 20-day moving average to return to the highs last seen in early 2018. An extension of the push here would return prices to levels not seen since 2016.The company will next report results on Oct. 24 after the close. Analysts are looking for earnings of two cents per share on revenues of $368 million. When the company last reported on July 25, earnings of two cents per share matched estimates on a 6.4% rise in revenues. IAMGOLD (IAG)IAMGOLD (NYSE:IAG) shares have returned to the trading range near the $4-a-share threshold that has halted the bulls repeatedly over the past year. But with gold prices on the move, I think a push past the resistance level and move above its 200-week moving average for the first time since early 2018. * 7 Stocks to Buy Down 10% in the Past Week The company will next report results on Nov. 5 after the close. Watch for earnings of one cent per share on $282.1 million in revenues. When the company last reported on Aug. 7, a loss of three cents per share missed estimates by two cents on an 11.1% decline in revenue. Kinross Gold (KGC)Kinross Gold (NYSE:KGC) is riding a steady support line along its 20-day moving average, returning to highs not seen since the middle of 2016. The company recently announced the acquisition of a property in Russia for $283 million -- extending the company's 24-year history of operating in the country.Management will next report results on Nov. 6 after the close. Analysts are looking for earnings of seven cents per share on revenues of $949.9 million. When the company last reported on July 31, earnings of six cents per share beat estimates by three cents on an 8.1% rise in revenues. Coeur D Alene Mines (CDE)Shares of Coeur D Alene Mines (NYSE:CDE) have returned to prior resistance levels near the $6-a-share level. Watch for an extension back towards the 200-week moving average, which hasn't been tested since the summer of 2018.The company will next report results on Oct. 30 after the close. Analysts are looking for a loss of four cents per share on revenues of 205 million. When the company last reported on Aug. 7, a loss of 11 cents per share matched estimates on a 4.6% decline in revenues. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off * 7 'Strong Buy' Stocks to Beat Volatility * 7 Mega-Cap Tech Stocks on a Rebound Now The post 6 Cheap Gold and Silver Stocks to Buy Now appeared first on InvestorPlace.
- Reuters
Canada's Iamgold lays off 325 Suriname contractors after illegal miner's death
The mining industry is grappling with a rising number of illegal miners, also known as artisanal miners, who break into sites in search of metals. At least 43 illegal miners died at a Glencore facility last month in Congo after a landslide. Toronto-based Iamgold said earlier this month it had suspended mining operations at Rosebel after 25-year-old Furgill Aloeboetoe gained access to the site and died following an incident with police.
- InvestorPlace
4 Cheap Gold Stocks to Buy Now
Global equities are trying to hold steady on Thursday amid ongoing worries about the U.S.-China trade fight after Beijing unleashed a competitive currency devaluation earlier this week. President Donald Trump has responded, explaining on Twitter (of course!) That he is not thrilled with the strong dollar and the Federal Reserve's resistance to deeper interest rate cuts.Both sides seem to be digging in for a long fight -- and that's bolstering precious metals to multi-year highs. After all, the weapons of choice in the battle are abuses of the fiat currency system as more and more of the global bond market trades with negative yields. * 5 Cheap Stocks to Buy Now That the Fed Cut Rates After years of neglect and stolen attention from bitcoin and other cryptocurrencies, gold and silver are back in the limelight. And many mining stocks are extremely cheap after being left out for so long. Here are four worth a look right now:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Gold Stocks to Buy Now: IAMGOLD (IAG)IAMGOLD (NYSE:IAG) shares are pulling back hard today, down over 16%, presenting a nice buying opportunity after an impressive near-80% rally off of its late-May lows. A lowering of forward production guidance and the reporting of some soft numbers is responsible for the pullback -- but are all based on backward looking data that is set to change as underlying gold prices push higher.The company will next report results on Nov. 6 after the close. When the company last reported on Aug. 7, a loss of three cents per share missed estimates by two cents on an 11.1% decline in revenues. Yamana Gold (AUY)Shares of Yamana Gold (NYSE:AUY) are going vertical, nearly doubling off of the lows set in late May to return to levels not seen since early 2018. An extended push here back to the 2016 highs would be worth a gain of roughly 70% from here. Back in July, the company announced a pre-feasibility study for its Agua Rica project in Argentina which increased proven and probable gold reserves by 12%. * 10 Stocks to Buy on the Trade War Dip The company will next report results on Oct. 24 after the close. Analysts are looking for earnings of a penny per share on revenues of $348.2 million. When the company last reported on July 25, earnings of two cents per share matched estimates on a 6.4% rise in revenues. B2Gold (BTG)Shares of B2Gold (NYSEAMERICAN:BTG) stock are breaking up and out of a sideways consolation range going back to 2016, rising nearly 60% off of the lows set in late May to return to its post-IPO highs set back in 2012 and 2013. The company continues to expand operations at its facilities in Nicaragua and Colombia.The company will next report results on Nov. 5 after the close. Analysts are looking for earnings of five cents per share one revenues of $349.2 million. When the company last reported on Aug. 6 earnings of five cents beat estimates by two cents on a 10.3% rise in revenues. Kinross Gold (KGC)Shares of Kinross Gold (NYSE:KGC) stock are extending higher, furthering a push off of their 200-day moving average, returning to the highs set in 2016. The company was among the names listed by Barclays analysts as likely to enjoy a price multiple rerating by the market amid a bull market in gold and silver. Higher prices allow for margin expansion and the restarting of investment in mining facilities. That, in turn, will boost output and further margin expansion in a virtuous cycle. * 10 Cyclical Stocks to Buy (or Sell) Now The company will next report results on Nov. 6 after the close. Analysts are looking for earnings of six cents per share on revenues of $898.5 million. When the company last reported on July 31, earnings of six cents per share beat estimates by three cents on an 8.1% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Internet Stocks Getting Hammered * 6 Big Growth ETFs to Buy For the Second Half of 2019 * 5 Cheap Stocks to Buy Now That the Fed Cut Rates The post 4 Cheap Gold Stocks to Buy Now appeared first on InvestorPlace.
