IAMGOLD Co. (TSE:IMG) Director Lawrence Peter O’hagan Purchases 4,800 Shares

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) Director Lawrence Peter O’hagan bought 4,800 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were purchased at an average price of C$8.11 per share, with a total value of C$38,918.88.

IAMGOLD Stock Performance

Shares of IMG opened at C$7.87 on Friday. The business’s 50 day moving average is C$8.33 and its two-hundred day moving average is C$7.61. IAMGOLD Co. has a 52-week low of C$3.44 and a 52-week high of C$9.68. The firm has a market cap of C$3.20 billion, a price-to-earnings ratio of 4.08, a PEG ratio of -0.28 and a beta of 1.47. The company has a quick ratio of 1.19, a current ratio of 0.89 and a debt-to-equity ratio of 28.93.

Analyst Ratings Changes

Several research firms recently commented on IMG. National Bankshares boosted their price target on IAMGOLD from C$12.00 to C$13.50 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. Raymond James raised IAMGOLD from a “strong sell” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Cibc World Mkts raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Two 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 company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$8.68.

About IAMGOLD

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.