IAMGOLD Co. (TSE:IMG) Director Lawrence Peter O’hagan Buys 4,800 Shares of Stock

Posted by Hanz Christensen on Feb 26th, 2025

IAMGOLD Co. (TSE:IMG – Get Free Report) (NYSE:IAG) Director Lawrence Peter O’hagan acquired 4,800 shares of the company’s stock in a transaction that occurred on Tuesday, February 25th. The stock was purchased at an average price of C$8.11 per share, for a total transaction of C$38,918.88.

IAMGOLD Stock Down 3.3 %

IMG opened at C$7.97 on Wednesday. The business has a 50 day moving average price of C$8.30 and a 200 day moving average price of C$7.57. IAMGOLD Co. has a twelve month low of C$3.44 and a twelve month high of C$9.68. The company has a debt-to-equity ratio of 28.93, a quick ratio of 1.19 and a current ratio of 0.89. The firm has a market cap of C$3.24 billion, a P/E ratio of 4.14, a price-to-earnings-growth ratio of -0.28 and a beta of 1.47.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on IMG shares. National Bankshares increased their price target on shares of IAMGOLD from C$12.00 to C$13.50 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. Raymond James raised shares of IAMGOLD from a “strong sell” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Cibc World Mkts raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$8.68.

View Our Latest Report on IAMGOLD

About IAMGOLD

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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.