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IAMGOLD Corp (USA) (NYSE:IAG) target price raised to $5.75, reported today by Zacks Investment Research

Yesterday IAMGOLD Corp (USA) (NYSE:IAG) traded -1.35% lower at $5.04. The company’s 50-day moving average is $6.02 and its 200-day moving average is $4.83. The last stock close price is up 35.90% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 8,310,062 shares of the stock were exchanged, up from an average trading volume of 5,339,630

IAMGOLD Corp (USA) (NYSE:IAG) had its target price raised to $5.75 by Zacks Investment Research in a report released 6/21/2017. The new target price indicates a possible upside of 0.14% based on the company's last stock close price.

Previously on 06/15/2017, Raymond James Financial reported about IAMGOLD Corp (USA) (NYSE:IAG) raised the target price from $0.00 to $6.00. At the time, this indicated a possible upside of 0.19%.

See Chart Below

IAMGOLD Corp (USA) (NYSE:IAG)

IAMGOLD Corp (USA) has a 52 week low of $3.14 and a 52 week high of $7.25 with a PE ratio of 5.99 IAMGOLD Corp (USA)’s market capitalization is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is $3.55 with 0 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 6 analysts rating the company a hold, six analysts rating the company a underperform, and lastly one analyst rating the company a sell.

More About 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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