IAMGold Kept at Market Perform by BMO as Sumitomo Provides …

-- BMO Capital Markets on Tuesday maintained its market-perform rating on the shares of IAMGold with a US$2.00 price target after Sumitomo Metal Mining agreed to provide up to US$340 million in...

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IAMGold Kept At Market Perform By BMO As Sumitomo Provides …

2 weeks from now

-- BMO Capital Markets on Tuesday maintained its market-perform rating on the shares of IAMGold with a US$2.00 price target after Sumitomo Metal Mining agreed to provide up to US$340 million in...

marketscreener.com

$5
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BMO Capital Sets $5 Target On IAMGOLD, Resumes Outperform …

2 weeks from now

Jun 5, 2024 · In light of BMO Capital Markets' optimistic coverage on IAMGOLD Corporation, current data from InvestingPro provides a comprehensive view of the company's financial …

investing.com

$3.25
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'Cleaner, Well-funded' Iamgold Upgraded To Outperform At BMO

2 weeks from now

May 1, 2023 · Iamgold (IAG) was resumed and upgraded to Outperform from Market Perform with a $3.25 price target at BMO Capital, saying the company is now cleaner and better funded.

seekingalpha.com

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IAMGOLD Announces US$300 Million Bought Deal Financing

2 weeks from now

May 21, 2024 · BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE ON SEDAR+ WITHIN TWO BUSINESS DAYS. …

iamgold.com

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IAMGOLD Announces Transaction With Sumitomo Metal Mining To …

2 weeks from now

Dec 19, 2022 · IAMGOLD Announces Transaction with Sumitomo Metal Mining to Provide up to $340 Million in Additional Funding for the Construction of the Côté Gold Project Newsfile Corp. …

yahoo.com

$3.25
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Golden Opportunity: Iamgold Stock Upgraded By BMO Capital

2 weeks from now

May 1, 2023 · BMO Capital Markets analyst Jackie Przybylowski upgraded Iamgold Corp IAG to Outperform from Market Perform at an increased price target of $3.25 (from $2 earlier).; The …

benzinga.com

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'Cleaner, Well-funded' Iamgold Upgraded To Outperform At BMO

2 weeks from now

Iamgold (NYSE:IAG) +3.2% in Monday's trading after BMO Capital resumed coverage and upgraded the stock to Outperform from Market Perform with a $3.25 price target, saying the …

msn.com

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Despite Iamgold's Mixed Track Record Its 'trending In The Right ...

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Feb 6, 2017 · BMO’s target price for Iamgold is set at $4.75. As well, Iamgold appears fully valued relative to its peers at the current price of gold. Iamgold is also the most highly levered to the …

financialpost.com

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IAMGold Kept At Market Perform By BMO As Sumitomo Provides …

2 weeks from now

Dec 20, 2022 · -- BMO Capital Markets on Tuesday maintained its market-perform rating on the shares of IAMGold with a US$2.00 price target after Sumitomo Metal Mining agreed to provide …

marketscreener.com

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Iamgold Stock Slips After BMO Capital Downgrade, Price Target …

2 weeks from now

Apr 18, 2022 · Iamgold Corp (TSX: IMG) (NYSE: IAG) has been downgraded to Market Perform from Outperform, and the price target has been lowered to .75 (a downside of 19.5%) from $4 …

yahoo.com

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IAMGOLD Announces US$300 Million Bought Deal Financing

2 weeks from now

May 21, 2024 · The JV Funding Agreement also provides that until the earlier of the Company repurchasing the Transferred Interest and November 30, 2026, the Company will pay a …

businessinsider.com

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IAG - Iamgold Corp Stock Price And Quote - FINVIZ.com

2 weeks from now

BMO Capital Markets: Market Perform → Outperform: $2 → $3.25: Dec-21-22: Upgrade: Stifel: Sell → Hold: Dec-20-22: Upgrade: ... IAMGOLD Provides Westwood Updated Mine Plan and …

finviz.com

FAQs about IAMGold Kept at Market Perform by BMO as Sumitomo Provides … Coupon?

How much money will Sumitomo contribute to the Côte gold project?

Under the Agreement, commencing in January 2023, Sumitomo will contribute certain of IAMGOLD's funding amounts to the Côté Gold Project ("Côté" or "the project") that in aggregate are expected to total approximately $340 million over the course of 2023. ...

What happens if Sumitomo funds Côté?

As a result of Sumitomo funding such amounts, IAMGOLD will transfer, in aggregate, an approximate 10% interest in Côté to SMM (the "Transferred Interests") as funding is made by SMM, subject to the right for IAMGOLD to repurchase the Transferred Interests pursuant to the terms of the Agreement (the "Repurchase Option"). ...

How much interest will Iamgold hold in the Côte gold project?

In aggregate, it is estimated that IAMGOLD will transfer an approximate 10% interest in the Côté Gold Project to Sumitomo based on the $250 million maximum of funding through the Interim Participant Advances, resulting in IAMGOLD holding an approximate 60% interest in the Côté Gold Project. ...

Does IAMGOLD Corp (IAG) outperform market perform?

BMO Capital Markets analyst Jackie Przybylowski upgraded Iamgold Corp (NYSE:IAG) to Outperform from Market Perform at an increased price target of $3.25 (from $2 earlier). ...

Will Iamgold repurchase the Côte gold mine?

IAMGOLD intends to use the net proceeds of the Offering, including the net proceeds from the Over-Allotment Option should it be exercised, towards the repurchase of the 9.7% interest (“ Transferred Interest ”) in the Côté Gold Mine from Sumitomo Metal Mining Co. Ltd. (“ Sumitomo ”), in order to return to its full 70% interest in the Côté Gold Mine. ...

Is Iamgold a good investment?

Iamgold ( IAG) "has made a remarkable financial recovery in recent months, and it has shed some of its higher cost/higher risk assets," BMO's Jackie Przybylowski wrote, also expecting operations recovery will follow despite continued risks to startup at the Côté project in Ontario. ...