BMO Capital analyst Andrew Kaip reiterated a Buy rating on IAMGOLD Corp (IAG) today and set a price target of $6. The company’s shares opened today at $3.45.
According to TipRanks.com, Kaip is ranked 0 out of 5 stars with an average return of -8.9% and a 28.5% success rate. Kaip covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Golden Star Resources Ltd.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IAMGOLD Corp with a $6.13 average price target.
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The company has a one-year high of $6.52 and a one-year low of $2.75. Currently, IAMGOLD Corp has an average volume of 4.92M.
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IAMGOLD Corp. engages in the exploration, development, and production of gold and mineral resource properties. It operates through the Gold Mine and Non-Gold segments. The Gold Mine segment deals with gold properties in Burkina Faso, Suriname, Canada, and Mali.
