What is Scotiabank’s Estimate for IAMGOLD FY2026 Earnings?

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of IAMGOLD in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the mining company will post earnings per share of $0.61 for the year, down from their previous forecast of $0.78. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share.

Several other research firms have also issued reports on IMG. National Bankshares raised their price objective on IAMGOLD from C$12.00 to C$13.50 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Raymond James raised IAMGOLD from a “strong sell” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, Cibc World Mkts raised IAMGOLD from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, IAMGOLD currently has an average rating of “Buy” and an average target price of C$8.68.

IAMGOLD Price Performance

TSE:IMG opened at C$8.65 on Monday. The firm has a market capitalization of C$3.51 billion, a price-to-earnings ratio of 4.49, a PEG ratio of -0.28 and a beta of 1.47. IAMGOLD has a 1 year low of C$3.99 and a 1 year high of C$9.68. The business has a 50 day simple moving average of C$8.50 and a 200-day simple moving average of C$7.81. The company has a debt-to-equity ratio of 28.93, a current ratio of 0.89 and a quick ratio of 1.19.

Insider Buying and Selling

In other IAMGOLD news, Senior Officer Bruno Lemelin sold 15,000 shares of the firm’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of C$8.52, for a total transaction of C$127,786.50. Also, Director Renaud Adams acquired 35,000 shares of IAMGOLD stock in a transaction on Friday, February 28th. The shares were purchased at an average price of C$8.08 per share, for a total transaction of C$282,660.00. In the last three months, insiders acquired 45,800 shares of company stock valued at $370,999. Insiders own 0.10% of the company’s stock.

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.