RBC Capital analyst Wayne Lam maintained a Hold rating on IAMGOLD (IAG – Research Report) on March 28 and set a price target of $3.00. The company’s shares closed last Thursday at $3.33.
Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, IAMGOLD, and B2Gold. According to TipRanks, Lam has an average return of -4.7% and a 50.60% success rate on recommended stocks.
IAMGOLD has an analyst consensus of Moderate Buy, with a price target consensus of $2.92.
The company has a one-year high of $3.39 and a one-year low of $1.99. Currently, IAMGOLD has an average volume of 7.87M.
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IAMGOLD (IAG) Company Description:
IAMGOLD Corp. engages in the exploration, development and production of gold and mineral resource properties. The company was founded by William D. Pugliese, Mark I. Nathanson, and Larry E. Phillips on March 27, 1990 and is headquartered in Toronto, Canada.
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