IAMGOLD Co. (TSE:IMG) Senior Officer Timothy Bradburn Sells 16,800 Shares

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) Senior Officer Timothy Bradburn sold 16,800 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of C$8.10, for a total transaction of C$136,080.00.

IAMGOLD Price Performance

Shares of IAMGOLD stock traded up C$0.37 during trading on Monday, hitting C$7.94. 1,232,870 shares of the company’s stock traded hands, compared to its average volume of 1,526,805. The company has a debt-to-equity ratio of 35.17, a current ratio of 1.34 and a quick ratio of 1.19. The firm’s fifty day moving average price is C$7.44 and its 200 day moving average price is C$6.46. IAMGOLD Co. has a twelve month low of C$2.87 and a twelve month high of C$8.80. The company has a market cap of C$4.53 billion, a PE ratio of 23.66, a PEG ratio of -0.28 and a beta of 1.47.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. National Bankshares increased their target price on shares of IAMGOLD from C$11.00 to C$12.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Canaccord Genuity Group upgraded shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 22nd. Royal Bank of Canada downgraded shares of IAMGOLD from a “moderate buy” rating to a “hold” rating in a report on Tuesday, September 10th. Stifel Nicolaus lifted their target price on shares of IAMGOLD from C$6.00 to C$9.00 in a report on Monday, October 21st. Finally, Cibc World Mkts upgraded shares of IAMGOLD from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$7.29.

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.