|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||4.83 - 4.96|
|52 Week Range||3.55 - 7.25|
|PE Ratio (TTM)||4.58|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.65|
TORONTO , March 14, 2018 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced it has filed a preliminary short form base shelf prospectus with the securities ...
LONDON, UK / ACCESSWIRE / March 13, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Eldorado Gold, Gran Colombia ...
NEW YORK, March 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
IAMGOLD Corporation’s (TSX:IMG) latest earnings update in December 2017 indicated that the company benefited from a major tailwind, more than doubling its earnings from the prior year. Today I wantRead More...
Is Gold Set to Remain Higher for Longer as Volatility Soars? The new Federal Reserve chairman, Jerome Powell, made his first public appearance in that capacity on February 27, 2018. Testifying before the House Financial Services Committee, Powell acknowledged that the US economy has firmed up recently.
Is Gold Set to Remain Higher for Longer as Volatility Soars? US consumer prices posted their largest gain in the last 12 months through January 2018, which strengthened expectations of firming price pressures in the US economy for the year. The Federal Reserve’s preferred gauge of inflation—personal consumption expenditure (or PCE) inflation—rose 0.4% in January 2018. This increase followed a 0.1% rise in December 2017, which is its largest gain since January 2017.
IAG (ICAG.L) could consider buying more A380s from Airbus (AIR.PA) if the superjumbo was cheaper, CEO Willie Walsh said, adding that he was also looking at planes for the airline group's new carrier Level. IAG operates the British Airways, Iberia, Vueling and Aer Lingus airlines, as well as Level, a low cost unit launched last year which flies between Europe and the United States. IAG already operates 12 A380s, and could be interested in buying more if Airbus improved the pricing, Walsh said, although the airline was not currently negotiating with Airbus.
BRUSSELS (Reuters) - The chief executive of British Airways owner IAG (ICAG.L) says he is feeling relaxed over Britain's upcoming exit from the European Union. "I'm personally very relaxed," ...
Ryanair (RYA.I) and IAG's (ICAG.L) Aer Lingus have signed a co-operation agreement to offer connecting flights on each other's services, the Aer Lingus CEO was quoted as saying on Sunday. In a first for Ryanair, Europe's largest budget airline will feed passengers from some of its European routes onto its Irish rival's transatlantic services, while Aer Lingus will connect onto Ryanair services to various European destinations.
Will Gold Lose Its Shine with the Spotlight on Bitcoin? Cryptocurrencies are broadly permitted, in that most countries have deferred granting them approval, while not banning them – although there are a few outliers at both extremes – Japan appears to have granted approval, and China has greatly restricted their use. Some commentators have suggested bitcoin and other cryptocurrencies are at great risk of sudden restrictions from countries concerned about capital flight, investor protection, or loss of seigniorage.
Will Gold Lose Its Shine with the Spotlight on Bitcoin? Bitcoin moves, on average, 5% each day, a level that is nearly as high as the realized volatility of the VIX itself (See chart below). While this is good for investors looking for extremely high investment returns, it is hardly a characteristic of a currency, let alone a store of value, potentially limiting Bitcoin’s use as a transaction token. Reports suggest their volume is driven by buy-and-hold investors, but, so far, they lack the characteristics common to most liquid markets with the ability to short large quantities.
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 versus peers has fallen. Its discount for the last five years versus its intermediate peers (GDXJ), on average, was ~40%, which has shrunk to 15% currently. IAG stock is now trading at a forward multiple of 5.3x.
IAMGOLD’s (IAG) Westwood project had a pivotal year in 2017, as it resumed operating at the normal production level in 2Q17. Investors might recall that, during the early stages of the mine’s ramp-up, a seismic event occurred, which left part of the operation in a rehabilitative state for most of 2015. Westwood’s gold production increased 92% YoY (year-over-year) to 125,000 ounces.