Iamgold (IAG) Projected to Post Earnings on Thursday

Iamgold (NYSE:IAG) (TSE:IMG) is expected to be issuing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect Iamgold to post earnings of $0.42 per share and revenue of $882.9240 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, August 7, 2026 at 8:30 AM ET.

Iamgold (NYSE:IAG) (TSE:IMG) last posted its quarterly earnings results on Tuesday, May 5th. The mining company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.14. Iamgold had a return on equity of 26.65% and a net margin of 29.49%.The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $955.17 million. On average, analysts expect Iamgold to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Iamgold Trading Up 0.4%

Shares of NYSE:IAG opened at $14.81 on Wednesday. The company has a quick ratio of 1.21, a current ratio of 1.89 and a debt-to-equity ratio of 0.12. Iamgold has a 52-week low of $7.07 and a 52-week high of $24.87. The stock has a market cap of $8.51 billion, a price-to-earnings ratio of 8.61, a PEG ratio of 0.66 and a beta of 1.32. The business has a 50-day moving average price of $15.77 and a 200-day moving average price of $18.11.

Institutional Investors Weigh In On Iamgold

Several hedge funds have recently modified their holdings of IAG. BNP Paribas Financial Markets raised its position in Iamgold by 307.3% during the second quarter. BNP Paribas Financial Markets now owns 42,861 shares of the mining company’s stock worth $315,000 after acquiring an additional 32,338 shares during the period. Jain Global LLC purchased a new stake in shares of Iamgold during the third quarter worth about $306,000. Bridgefront Capital LLC purchased a new stake in shares of Iamgold during the fourth quarter worth about $283,000. Insigneo Advisory Services LLC acquired a new position in shares of Iamgold during the 4th quarter worth about $256,000. Finally, Wexford Capital LP acquired a new position in shares of Iamgold during the 3rd quarter worth about $253,000. 47.08% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada cut their price target on shares of Iamgold from $22.00 to $20.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. Bank of America dropped their price objective on shares of Iamgold from $22.50 to $21.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Weiss Ratings lowered shares of Iamgold from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 9th. Wall Street Zen downgraded shares of Iamgold from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 25th. Finally, Scotiabank lowered their price target on shares of Iamgold from $25.00 to $22.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Iamgold currently has an average rating of “Moderate Buy” and an average price target of $19.00.

About Iamgold

IAMGOLD Corporation, founded in 1990 and headquartered in Toronto, is a mid-tier gold producer engaged in the exploration, development and operation of gold mining assets. The company’s primary focus is on the discovery and extraction of gold, with a portfolio that spans both operating mines and advanced development projects. IAMGOLD combines in-house technical expertise with strategic partnerships to advance projects from exploration through to production.

The company’s principal producing assets include the Essakane gold mine in Burkina Faso, which began commercial production in 2010, and the Westwood underground gold mine in Quebec’s Abitibi region.