The Latest Breaking News from Iamgold

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With inflation remaining a constant struggle for the Fed, IAG stock should be a cynically intriguing idea for concerned investors.

Iamgold (NYSE:IAG) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Iamgold will report an earnings per share (EPS) of $0.02.

Upgrades

Iamgold Corp (TSX:IMG) (NYSE:IAG) has been downgraded to Market Perform from Outperform, and the price target has been lowered to $2.75 (a downside of 19.5%) from $4 by BMO Capital Markets analyst Jackie Przybylowski. The downgrade is partly on valuation as the company's share prices have appreciated YTD, says the analyst. According to Przybylowski, a…

Upgrades

  Iamgold (NYSE:IAG) reported its Q4 earnings results on Wednesday, February 23, 2022 at 05:00 PM. Here's what investors need to know about the announcement.

TORONTO — Iamgold has agreed to several demands from an activist investor, including the appointment of three new directors and a new chair, as it looks to avoid a costly and distracting proxy battle.