IAMGold Maintained at Outperform at BMO as It Defers Delivery …

Apr 5, 2024 · -- BMO Capital Markets on Friday reiterated its outperform rating on the shares of IAMGold and its US$4.25 price target after the company deferred the presold delivery of …

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IAMGold Maintained At Outperform At BMO As It Defers Delivery …

2 weeks from now

Apr 5, 2024 · -- BMO Capital Markets on Friday reiterated its outperform rating on the shares of IAMGold and its US$4.25 price target after the company deferred the presold delivery of …

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

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Jun 5, 2024 · On Wednesday, BMO Capital Markets reinstated coverage on IAMGOLD Corporation (NYSE: IAG) with an Outperform rating and established a price target of $5.00 per …

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

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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.

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

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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 …

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BMO Raises IAMGOLD Target On Strong Gold Prices - Investing.com

2 weeks from now

Apr 5, 2024 · On Friday, BMO Capital Markets adjusted its outlook on IAMGOLD Corporation (NYSE: IAG), increasing the price target to $4.25 from the previous $4.00 while keeping an …

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Golden Opportunity: Iamgold Stock Upgraded By BMO Capital …

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May. 1, 2023, 02:15 PM BMO Capital Markets analyst Jackie Przybylowski upgraded Iamgold Corp (NYSE:IAG) to Outperform from Market Perform at an increased price target of $3.25 …

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IAMGold Maintained At Outperform At BMO As It Secures An …

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May 17, 2023 · -- BMO Capital Markets on Wednesday reiterated its outperform rating on the shares of IAMGold and its US$3.50 price target after the miner secured additional credit to …

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Iamgold Stock Slips After BMO Capital Downgrade, Price Target …

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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 $2.75 (a downside of 19.5%) from …

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Bay Street Banks Stuck Holding Shares In IAMGOLD After US$300 …

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May 24, 2024 · -- A syndicate of Bay Street underwriters is stuck with unsold shares in Canadian gold mining company IAMGOLD Corp. after they mispriced a US$300-million bought deal …

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FAQs about IAMGold Maintained at Outperform at BMO as It Defers Delivery … Coupon?

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 defer gold deliveries in the first quarter 2024?

On December 18, 2023, IAMGOLD announced similar gold prepay arrangements to defer the gold deliveries due in the first quarter of 2024 into the first quarter of 2025. IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa. ...

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. ...

Will Iamgold (IAG) be fully funded for Côte construction?

Following various sales in last year's Q4 and an "incredibly favorable funding arrangement" with Sumitomo Metal Mining in December, plus strong cash flows from the Essakane gold mine in Burkina Faso, Przybylowski assumes Iamgold ( IAG) is fully funded for Côté construction. ...

How did the gold delivery arrangements affect cashflow in Q2 2024?

The net result of these Arrangements is the effective transition of current gold delivery obligations totaling 37,500 ounces out of the second quarter of 2024 into the same period in the following year, increasing cashflow in Q2 2024 by approximately $73.6 million assuming current gold prices. ...

What is a gold Deferral Arrangement?

Maarten Theunissen, Chief Financial Officer of IAMGOLD commented: "The deferral arrangement allows us sell 6,250 ounces in the current gold price environment by deferring the physical delivery into the arrangement to the second quarter of 2025. ...