Christiane Bergevin Purchases 5,000 Shares of IAMGOLD Co. (TSE:IMG) Stock

IAMGOLD Co. (TSE:IMGGet Free Report) (NYSE:IAG) Director Christiane Bergevin bought 5,000 shares of IAMGOLD stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of C$8.29 per share, with a total value of C$41,450.00.

IAMGOLD Price Performance

Shares of IMG opened at C$8.46 on Friday. The business’s 50-day moving average is C$8.43 and its two-hundred day moving average is C$7.74. The company has a market capitalization of C$3.44 billion, a P/E ratio of 4.39, a P/E/G ratio of -0.28 and a beta of 1.47. The company has a debt-to-equity ratio of 28.93, a quick ratio of 1.19 and a current ratio of 0.89. IAMGOLD Co. has a fifty-two week low of C$3.94 and a fifty-two week high of C$9.68.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on IMG shares. National Bankshares raised their target price on 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 upgraded IAMGOLD from a “strong sell” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, Cibc World Mkts upgraded IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$8.68.

View Our Latest Research Report on IAMGOLD

IAMGOLD Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for IAMGOLD (TSE:IMG)

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