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Bank of America Corp upgraded IAMGOLD Corp (USA) (NYSE:IAG) to Neutral in a report released today.

Just yesterday IAMGOLD Corp (USA) (NYSE:IAG) traded 2.17% higher at $4.26. IAMGOLD Corp (USA)’s 50-day moving average is $6.40 and its 200-day moving average is $5.11. The last closing price is down 19.95% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 3,833,540 shares of IAG traded hands, down from an average trading volume of 5,267,800

Bank of America Corp has upgraded IAMGOLD Corp (USA) (NYSE:IAG) to Neutral in a report released on 05/23/2017.

Previously on Thursday May 11, 2017, Scotia Capital reported on IAMGOLD Corp (USA) (NYSE:IAG) increased the target price from $0.00 to $216.00. At the time, this indicated a possible upside of 50.43%.

Recent Performance Chart

IAMGOLD Corp (USA) (NYSE:IAG)

IAMGOLD Corp (USA) has 52 week low of $3.16 and a 52 week high of $7.25 with a PE ratio of 5.59 and has a market capitalization of $0.

Also covering IAMGOLD Corp (USA)'s price target, a total of 14 brokerages have issued a ratings update on IAMGOLD Corp (USA). The 12-month price target is $3.55 with 0 firms rating the stock a strong buy, 2 firms rating the stock a buy, 6 brokers rating the stock a hold, 6 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On IAMGOLD Corp (USA) (NYSE:IAG)

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. The Company's gold mine segment is divided into geographic segments, such as Burkina Faso – Essakane mine; Suriname-Rosebel mine; Canada-Doyon division, which includes the Westwood mine and the Doyon mine, and Joint ventures (Mali)-Sadiola mine (41%) and Yatela mine (40%). The Company's non-gold segments are divided into Exploration and evaluation, and Corporate, which includes royalty interests located in Canada and investments in associates and joint ventures. In Canada, the Company owns the Westwood mine in Quebec and the Cote Gold project, a development project located in Ontario.

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