3.21 +0.02 (0.63%)
After hours: 4:02PM EST
|Bid||0.00 x 29200|
|Ask||3.97 x 38800|
|Day's Range||3.15 - 3.30|
|52 Week Range||2.75 - 6.52|
|Beta (3Y Monthly)||-0.36|
|PE Ratio (TTM)||58.36|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.65|
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 ...
Toronto, Ontario--(Newsfile Corp. - November 15, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") today provided a further update from its 2018 drilling program completed at its Nelligan joint venture project (IAMGOLD: 51%, Vanstar Mining Resources Inc. ("Vanstar"): 49%), located 60 kilometres southwest of Chibougamau, Quebec, Canada. The Company is reporting assay results from an additional 11 diamond drill holes, totaling 4,404 metres. Results are pending from a remaining 9 drill holes, ...
Toronto, Ontario--(Newsfile Corp. - November 15, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") announces that the work stoppage at its Rosebel Gold Mine in Suriname has ended and normal operations will resume.About IAMGOLDIAMGOLD (www.iamgold.com) is a mid-tier mining company with four operating gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects and continued assessment ...
Toronto, Ontario--(Newsfile Corp. - November 13, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") announced that a number of unionized employees commenced a work stoppage at the Company's Rosebel Gold Mine ("Rosebel") in Suriname. This strike is a breach of the Collective Labour Agreement ("CLA") that prescribes a number of procedures in the event of a dispute between Rosebel and Rosebell Werknemers Organisatie (the "Union"). As a result, IAMGOLD has triggered force ...
As Positive Catalysts for Gold Emerge, Which Miners May Benefit? Among intermediate gold miners (GDXJ), Agnico Eagle Mines (AEM) has the highest forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 10.6x, which implies a whopping premium of 76.0% to its close peers. AEM’s strong operational consistency and its exploration program support a higher multiple for the stock.
Toronto, Ontario--(Newsfile Corp. - November 12, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") announced that it is hosting an analyst tour of the Rosebel Gold Mine November 12, 2018. The presentation to be used during management's briefing session on November 12th will be posted on its website at www.iamgold.com on the morning of November 12, 2018.About IAMGOLDIAMGOLD (www.iamgold.com) is a mid-tier mining company with four operating gold mines on three ...
Anglo-Spanish airline group IAG (ICAG.L), the owner of British Airways, is taking steps to avoid falling foul of European Union ownership rules in the event of a no-deal Brexit, Spanish newspaper El Pais reported on Saturday. Britain is set to leave the bloc on March 29, but with less than five months to go, Prime Minister Theresa May has yet to secure a withdrawal deal. A no-deal scenario could jeopardise operating rights for airline carriers that don't meet EU ownership rules, which require European operators to be majority owned and operated in the bloc.
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Historically, IAMGOLD (IAG) has traded at a lower valuation than its peers. Due to its significant turnaround in 2017, the stock’s multiple rerated in 2017, and it’s since reverted back due to IAG’s weak operational performance.
NEW YORK, Nov. 09, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
What Would It Take to Restore Investors’ Confidence in IAMGOLD? Currently, IAMGOLD (IAG) has the fourth-highest number of “buy” ratings among its peers at 75%. Analysts’ sentiment for the stock has remained stagnant for the last few months.
Toronto, Ontario--(Newsfile Corp. - November 8, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") today provided an update from its ongoing 2018 exploration drilling program along the Saramacca - Brokolonko trend, located 25 kilometres southwest of its Rosebel Gold Mine ("RGM") in Suriname. With the declaration of mineral reserves at the Saramacca deposit (see news release dated September 23, 2018) the Company has been conducting exploration drilling in selected target areas along ...
IAMGOLD (IAG) generated revenue of $244.8 million in the third quarter, a YoY (year-over-year) fall of 9%. The fall was the result of both lower realized gold prices and lower sales and volumes at the Rosebel and Westwood mines.
IAMGOLD Corp. (IAG) tumbled 8.26% to $3.33 per share on the New York Stock Exchange on Wednesday, following the issuance of third-quarter results for fiscal 2018. While Iamgold Corp. met expectations on non-GAAP earnings, posting a loss of 1 cent per share, the mining company missed on GAAP earnings by 1 cent. Iamgold Corp. posted a GAAP loss of 2 cents per share. Warning! GuruFocus has detected 1 Warning Sign with IAG.
Steve Letwin became the CEO of IAMGOLD Corporation (TSE:IMG) in 2010. First, this article will compare CEO compensation with compensation at similar sized companies. Then we’ll look at a snap Read More...
The Toronto-based company said it had a loss of 2 cents per share. Losses, adjusted for non-recurring costs, were 1 cent per share. The results matched Wall Street expectations. The average estimate of ...
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 ConsolidatedInterim Financial Statements for the nine months ended September 30, 2018.Toronto, Ontario--(Newsfile Corp. - November 6, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") reported its consolidated financial and operating results for the quarter ended September 30, 2018.Commented Steve Letwin, President and CEO of IAMGOLD, "We maintain our full-year ...
In June 2018, IAMGOLD Corporation (TSE:IMG) announced its earnings update. Overall, analyst consensus outlook appear vastly optimistic, as a 57% rise in profits is expected in the upcoming year, against Read More...
Toronto, Ontario--(Newsfile Corp. - November 5, 2018) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") announced today the Company has filed a National Instrument 43-101 ("NI 43-101") Technical Report supporting the mineral reserve and resource update for the Rosebel Mine in Suriname, which includes a declaration of reserves from the Saramacca deposit, reported in the Company's news release dated September 23, 2018. The Technical Report was completed jointly by IAMGOLD and SRK ...
Stock futures for Canada's main index edged higher on Monday, ahead of U.S. congressional midterm elections. December futures on the S&P/TSX index were up 0.22 percent at 7:00 a.m. ET. Reserve assets total ...
British Airways owner IAG (ICAG.L), which has tried to take over Norwegian Air (NWC.OL), said on Friday it regards the short-haul market as its best opportunity for consolidation. Chief executive Willie Walsh told investors he expected to see airline consolidation in Europe and that IAG had the financial headroom needed to pursue acquisitions. "When we talk about consolidation it (Norwegian) is an opportunity, particularly if you look at the short-haul network and further consolidation in that short-haul network, it's probably the best opportunity for us," Walsh said.
British Airways’ owner IAG on Friday made a bold bet on Brexit Britain, with boss Willie Walsh ready to invest an average €500 million (£440 million) extra a year in the firm. The chief executive was bullish as he addressed a capital markets day in London, updating the City on new goals for 2019-2023. The upbeat update comes despite gloom in the aviation industry, which has been grappling with soaring oil prices, air traffic controller strikes and Brexit uncertainty.