Iamgold Corporation (IAG) Given Daily News Impact Rating of 0.18
Press coverage about Iamgold Corporation (NYSE:IAG) (TSE:IMG) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Iamgold Corporation earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the mining company an impact score of 45.2186635651946 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Can Mali Maintain Its Gold Mining Status? (finance.yahoo.com)
- Iamgold Corporation (IAG) Short Interest Up 56.2% in September (americanbankingnews.com)
- Eye-Catching Shares: IAMGOLD Corporation (NYSE:IAG) – The Investor Guide (wallstreetnews24.com)
- Revenue Approximations Analysis: IAMGOLD Corporation (NYSE:IAG), Bed Bath & Beyond Inc. (NASDAQ:BBBY), 3D … – Market Breaking Point (press release) (journalfinance.net)
- Stocks Gaining Momentum: IAMGOLD Corporation (NYSE:IAG), Raytheon Company (NYSE:RTN) – Investing News Update (investingbizz.com)
Iamgold Corporation (NYSE:IAG) opened at 6.22 on Thursday. The firm’s 50-day moving average is $6.38 and its 200-day moving average is $5.09. Iamgold Corporation has a 1-year low of $3.14 and a 1-year high of $7.25. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of 5.67 and a beta of -0.48.
Iamgold Corporation (NYSE:IAG) (TSE:IMG) last announced its earnings results on Wednesday, August 9th. The mining company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The business had revenue of $274.50 million during the quarter, compared to analysts’ expectations of $267.07 million. Iamgold Corporation had a net margin of 46.75% and a return on equity of 1.43%. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter last year, the company posted $0.01 EPS. On average, equities analysts anticipate that Iamgold Corporation will post $0.05 EPS for the current year.
IAG has been the subject of a number of recent research reports. Raymond James Financial, Inc. boosted their price objective on shares of Iamgold Corporation from $6.00 to $7.25 and gave the company a “market perform” rating in a research report on Thursday, September 7th. Canaccord Genuity downgraded shares of Iamgold Corporation from a “buy” rating to a “hold” rating and set a $8.07 price objective for the company. in a research report on Friday, September 29th. Zacks Investment Research raised shares of Iamgold Corporation from a “hold” rating to a “buy” rating and set a $5.75 price objective for the company in a research report on Monday, July 17th. Royal Bank Of Canada lowered their price objective on shares of Iamgold Corporation from $6.50 to $6.00 and set a “sector perform” rating for the company in a research report on Friday, July 28th. Finally, Scotiabank boosted their price objective on shares of Iamgold Corporation from $6.25 to $7.00 and gave the company a “sector perform” rating in a research report on Friday, September 15th. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $7.04.
About Iamgold Corporation
IAMGOLD Corporation (IAMGOLD) is engaged primarily in the exploration for, and the development and production of, mineral resource properties throughout the world. Through its holdings, IAMGOLD has interests in various operations, exploration and development properties. IAMGOLD is a mid-tier mining company with approximately four operating gold mines on over three continents.
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