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CIBC Sticks to Their Buy Rating for IAMGOLD (IAG)

Tipranks - Tipranks - Fri Feb 20, 9:56AM CST

CIBC analyst Anita Soni reiterated a Buy rating on IAMGOLD today and set a price target of $34.00.

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Soni covers the Basic Materials sector, focusing on stocks such as Equinox Gold, Hudbay Minerals, and IAMGOLD. According to TipRanks, Soni has an average return of 30.3% and a 64.06% success rate on recommended stocks.

In addition to CIBC, IAMGOLD also received a Buy from TipRanks – OpenAI’s OpenAI Gold in a report issued today. However, yesterday, Scotiabank maintained a Hold rating on IAMGOLD (NYSE: IAG).

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The company has a one-year high of C$30.54 and a one-year low of C$7.27. Currently, IAMGOLD has an average volume of 2.21M.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IAG in relation to earlier this year.

Read More on IAG:

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