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IAMGOLD (IAG) Receives a Hold from Raymond James

Tipranks - Tipranks - Thu Jan 15, 4:00PM CST

In a report released today, from Raymond James maintained a Hold rating on IAMGOLD, with a price target of $18.00.

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IAMGOLD has an analyst consensus of Strong Buy, with a price target consensus of $17.85.

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Based on IAMGOLD’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$706.7 million and a net profit of C$139.4 million. In comparison, last year the company earned a revenue of C$438.9 million and had a net profit of C$594.1 million

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.

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