IAMGOLD Co. (TSE:IMG – Free Report) (NYSE:IAG) – Equities researchers at Raymond James upped their Q1 2024 earnings per share (EPS) estimates for shares of IAMGOLD in a report released on Tuesday, April 23rd. Raymond James analyst F. Hamed now expects that the mining company will earn $0.00 per share for the quarter, up from their prior estimate of ($0.05). The consensus estimate for IAMGOLD’s current full-year earnings is $0.07 per share. Raymond James also issued estimates for IAMGOLD’s Q2 2024 earnings at $0.05 EPS, Q3 2024 earnings at $0.11 EPS, Q4 2024 earnings at $0.14 EPS and FY2024 earnings at $0.32 EPS.
IAMGOLD (TSE:IMG – Get Free Report) (NYSE:IAG) last issued its quarterly earnings results on Thursday, February 15th. The mining company reported C$0.08 EPS for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.06. The company had revenue of C$405.19 million for the quarter. IAMGOLD had a return on equity of 4.36% and a net margin of 9.55%.
Read Our Latest Stock Analysis on IAMGOLD
IAMGOLD Price Performance
TSE IMG opened at C$5.07 on Friday. IAMGOLD has a 12-month low of C$2.71 and a 12-month high of C$5.38. The firm’s 50 day moving average is C$4.33 and its 200-day moving average is C$3.66. The company has a market capitalization of C$2.52 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of -0.28 and a beta of 1.44. The company has a quick ratio of 1.19, a current ratio of 1.20 and a debt-to-equity ratio of 42.05.
About IAMGOLD
IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso.
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