Iamgold Corp | StockChase
194
Iamgold Corp (IMG-T)

Last Price Recorded: $7.3400 on 2017-11-17

ON STOCKCHASE SINCE Jan 2001

Jr gold mine

precious metals

Iamgold Corp


Signal Opinion Expert

2017-06-30

COMMENT
Iamgold Corp (IMG-T)

The whole gold space has been pretty volatile. Around $7.56 is pretty critical. There may be some pretty big swings up and down as it comes back to its trend line. Thinks gold is going to be a pretty good long-term investment, but a much better price over the next few months. This is one of the stronger names, but is susceptible to some big swings.

precious metals
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $6.690
Owned: No

2017-04-03

DON'T BUY
Iamgold Corp (IMG-T)

This has been on his triple A list for a number of years, but he has never quite bought it.  This is not the time of year he buys stocks.  This one is interesting because there is so much news. 

precious metals
Benj Gallander

President, Contra the Heard Investment Letter

Price: $5.560
Owned: No

2016-12-22

WATCH
Iamgold Corp (IMG-T)

He never averages up, only down.  Gold has been hit because of the US dollar and interest rates going up.  China is limiting the amount of gold that can go into the country and India is eliminating some of their currency.  You have these strong currents against it.  Trump is positive for gold because you never know what he is going to say or do.  Gold is an interesting play at the right price point.

precious metals
Benj Gallander

President, Contra the Heard Investment Letter

Price: $4.390
Owned: No

2016-09-27

SELL
Iamgold Corp (IMG-T)

Gold had a pretty good year, but there has been some weakness in recent months, and this company has been a part of that. A much more conservative way to play gold is just to buy gold bullion. That way, you are not taking on balance sheet risk or management risk.

precious metals
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $5.420
Owned: No

2016-07-26

SELL
Iamgold Corp (IMG-T)

(Market Call Minute.)

precious metals
Jon Case

Portfolio Manager, Sentry Investments

Price: $6.110
Owned: Unknown

2016-07-12

WATCH
Iamgold Corp (IMG-T)

(Market Call Minute.) Interesting. It might be a Buy. It is always a laggard on gold. When golds are positive, it lags. Look at it in the fall. If it has not moved and the other golds have moved, it would then be a Buy.

precious metals
Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $6.100
Owned: Unknown

2016-04-20

COMMENT
Iamgold Corp (IMG-T)

Doesn’t own a lot of gold companies because most of them are really bad businesses. They rarely earn their cost of capital through the cycle, and tend to be levered bets on gold. However, there are some exceptions. Owns a small amount of Franco Nevada (FNV-T) which is a very good model. They don’t take the same risks of cost inflation that actual producers do. Sentiment on gold has really turned and at the point where a lot of stocks are baking a lot more of this in.

precious metals
Stephen Groff

Principal & Portfolio Manager, Cambridge Global Asset Management

Price: $3.720
Owned: No

2016-03-07

COMMENT
Iamgold Corp (IMG-T)

Has been in the penalty box due to operating difficulties.  They have a good balance sheet and the higher gold price could hide sins.  He thinks it will do well in a rising gold price environment.

precious metals
Rick Rule

Pres. & CEO, Sprott USA

Price: $3.140
Owned: No

2015-08-14

COMMENT
Iamgold Corp (IMG-T)

Period of seasonal strength for gold miners has just begun at the end of July. That runs all the way through to about the end of September. We are starting to see the gold mining industry wanting to bounce from here. This broke down in what is typically a weak month of June-July. Then it hit the period of seasonal strength and it popped. He would expect resistance at $2.60. Perhaps take profits there if you want to reduce your risks, but he has seasonal tendencies continuing all the way through to September.

precious metals
Jon Vialoux

Research Analyst, Timingthemarket.ca & Equityclock.com

Price: $2.320
Owned: Unknown

2015-07-23

WATCH
Iamgold Corp (IMG-T)

This stock has been weaker than average for the gold sector. Historically the best time to own this has been from around the latter part of July right through until the beginning of October. Currently watch for signs that the stock is bottoming, and we don’t have that yet. It is still in a downward trend, underperforming the market and well below its 20 day moving average. He is guessing that the seasonal trend is going to happen within the next month.

precious metals
Don Vialoux

Research Analyst, TimingTheMarket.CA & EquityClock.COM

Price: $1.580
Owned: Unknown

2015-05-29

WAIT
Iamgold Corp (IMG-T)

The chart indicates that it is trying to bottom, which is encouraging. There are slight pauses of relative strength which is also encouraging. Below its 20 day moving average. The technicals are getting lined up, but the trend is still on the downside. It is probably getting lined up for a seasonal trade starting in July.

precious metals
Don Vialoux

Research Analyst, TimingTheMarket.CA & EquityClock.COM

Price: $2.530
Owned: Unknown

2015-04-30

COMMENT
Iamgold Corp (IMG-T)

Gold is a really interesting idea right now. From a risk/reward perspective, he thinks it is fantastic. It has been beaten down, but there are early signs of consolidation. The pretty big November low is positive. The action following that really shook the investors and probably deflated a lot of the hopes of gold investors. From November on, there is a little nascent trend starting. He thinks the upside is really strong going forward. If he is wrong, the risk/reward is pretty good.

precious metals
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $2.700
Owned: No

2014-11-17

WATCH
Iamgold Corp (IMG-T)

It could come back.  Their costs of producing gold are quite high.  This is a great tax loss season for gold. 

precious metals
Benj Gallander

President, Contra the Heard Investment Letter

Price: $2.570
Owned: Unknown

2014-11-05

DON'T BUY
Iamgold Corp (IMG-T)

They sold a Québec mine for $500 million, which was great because their balance sheet was part of an issue. However, they probably sold the only part of the company that was making money. When you look at it, their gold assets really are breaking even at best. A highly leveraged name to gold prices, and they just sold their cash cow. There are better places you can go.

precious metals
Dennis da Silva

Managing Director & Sr Portfolio Manager, Middlefield Capital Ltd.

Price: $1.750
Owned: No

2014-09-23

PAST TOP PICK
Iamgold Corp (IMG-T)

(A Top Pick Sept 25/13. Down 33.33%.) Nothing wrong with the company, other than the price of bullion slipped. Gold has always been a part of his portfolios, and he feels it should be 10% of anybody’s portfolio.

precious metals
Ross Healy

Chairman, Strategic Analysis Corp

Price: $3.370
Owned: Yes

Showing 1 to 15 of 194 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.