Scotiabank Comments on IAMGOLD’s FY2026 Earnings (TSE:IMG)

IAMGOLD Co. (TSE:IMG) (NYSE:IAG) – Scotiabank increased their FY2026 earnings per share estimates for IAMGOLD in a report released on Thursday, February 26th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will post earnings per share of $2.55 for the year, up from their prior estimate of $2.53. The consensus estimate for IAMGOLD’s current full-year earnings is $1.11 per share.

Other equities analysts have also recently issued reports about the company. National Bank Financial increased their target price on IAMGOLD from C$28.00 to C$34.00 and gave the company an “outperform” rating in a research note on Friday, January 23rd. Bank of America increased their price target on IAMGOLD from C$32.50 to C$38.00 in a research report on Thursday, February 26th. TD Securities boosted their target price on shares of IAMGOLD from C$34.00 to C$36.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Finally, Stifel Nicolaus increased their price target on IAMGOLD from C$28.00 to C$40.00 in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$31.25.

IAMGOLD Stock Performance

TSE:IMG opened at C$33.16 on Monday. The stock has a market cap of C$19.52 billion, a P/E ratio of 29.09, a PEG ratio of -0.28 and a beta of 1.60. IAMGOLD has a 1-year low of C$7.27 and a 1-year high of C$34.09. The company has a debt-to-equity ratio of 20.08, a current ratio of 1.75 and a quick ratio of 1.19. The firm has a 50-day moving average of C$26.80 and a two-hundred day moving average of C$20.73.

IAMGOLD (TSE:IMG) (NYSE:IAG) last released its quarterly earnings results on Tuesday, February 17th. The mining company reported C$0.96 earnings per share for the quarter. IAMGOLD had a return on equity of 18.40% and a net margin of 23.37%.The firm had revenue of C$1.46 billion during the quarter.

About IAMGOLD

Iamgold Corp is a mid-tier gold mining company operating in three regions globally North America, South America and West Africa. Within these regions, the company is developing potential mining districts that encompass operating mines and construction, development and exploration projects. The company’s operating mines include Essakane in Burkina Faso, Rosebel in Suriname and Westwood in Canada. A solid base of strategic assets is complemented by the Cote Gold construction project in Canada, the Boto Gold development project in Senegal, as well as greenfield and brownfield exploration projects in various countries located in the Americas and West Africa.