Iamgold Corp (IMG-T)
TSE:IMG
9.03
0.05
(0.56%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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Nvidia, tariffs pressure marketsMarkets sink on Trump tariff fearsMost Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)This summary was created by AI, based on 4 opinions in the last 12 months.
Iamgold Corp (IMG) has received mixed reviews from various experts, highlighting both opportunities and challenges in the gold sector. While some analysts appreciate recent positive developments from its Quebec mine and recognize the overall upward trend in gold prices, others emphasize concerns about the company's financial health, particularly its balance sheet, which may necessitate refinancing strategies that could negatively impact shareholders. The sentiment leans towards preferring larger, more established companies in stable political environments, such as Kinross and Agnico Eagle, though mid-tier producers like Iamgold are noted for offering potential upside. Overall, the gold sector appears robust, suggesting that while IMG has room for growth, investors should be cautious and consider their entry strategy carefully.
The question was on Iamgold and Teck Resources. IMG has declared some good news from its Quebec mine and Teck has more copper production with gold as an add-on. However both operate in some places that are less politically agreeable. He likes the gold sector but prefers bigger and more diversified companies in more stable countries including the U.S., Canada, Mexico and Chile. Following along this theme he owns both Kinross and Agnico Eagle.
Whole sector's been a pretty good place to be. If you're looking for real strength as far as opportunity goes, move downstream from the big names to mid-tier names like IMG. Those are the ones that are behaving quite robustly.
Often it works to buy a basket, and then drill down and add one name for some extra alpha.
Well-managed. Undervalued compared to its peers. It has several projects on the go. It has strong leverage going forward. Good management. Money will move in at some point. They boast low production costs, diversified assets in safe geopolitical areas. (Analysts' price target: $9.55)
Solid technical pick. Has owned for a while. One of the better names since the spring. Nice little trend, but pretty choppy. Have to stick with it. Resistance around $8.10. Only down $0.11, when gold’s down $30, so it’s held up quite well. Excellent producers. A drop to $7.25 would indicate something’s wrong. If it gets through $8, look for $9. (Analysts’ price target is $9.60.)
Iamgold Corp(IMG-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
Iamgold Corp(IMG-T) Frequently Asked Questions
What is Iamgold Corp stock symbol?
Iamgold Corp is a Canadian stock, trading under the symbol IMG-T on the Toronto Stock Exchange (IMG-CT). It is usually referred to as TSX:IMG or IMG-T
Is Iamgold Corp a buy or a sell?
In the last year, 2 stock analysts published opinions about IMG-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Iamgold Corp.
Is Iamgold Corp a good investment or a top pick?
Iamgold Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Iamgold Corp.
Why is Iamgold Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Iamgold Corp worth watching?
2 stock analysts on Stockchase covered Iamgold Corp In the last year. It is a trending stock that is worth watching.
What is Iamgold Corp stock price?
On 2025-04-01, Iamgold Corp (IMG-T) stock closed at a price of $9.03.