SG Americas Securities LLC Buys 47485 Shares of Iamgold Corporation (IAG)

IAMGOLD Corp (USA) (NYSE:IAG) has risen 21.20% since September 8, 2016 and is uptrending. SG Americas Securities LLC owned 0.10% of Iamgold Corporation worth $2,333,000 as of its most recent SEC filing. Vanguard Group Inc. raised its position in shares of Iamgold Corporation by 3.9% during the 1st quarter. The company had a trading volume of 7,885,561 shares. The stock exchanged hands 6.5 Million shares versus average trading capacity of 5.77 Million shares. Hexavest Inc. reduced its ownership by selling 3,059,210 shares a decrease of 97.7%. Creative Planning now owns 98,440 shares of the mining company's stock valued at $394,000 after buying an additional 10,168 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Iamgold Corporation by 3.9% in the first quarter. Similar statistics are true for the second largest owner, Donald Smith & Co., Inc., which owns 44,675,275 shares of the stock are valued at $308.71 million. Hedge funds and other institutional investors own 56.35% of the company's stock. The Price to Sales (P/S) ratio of the stock is 3, while P/B (Price to Book) stands at 1.16.

IAMGOLD Corp. (IAG) stock price rose 52.53 percent over the past one year, while increased 79.79 percent during the past 6 months. The share last price represents uptick move of 0.84% in value from company's 52-Week high price and shows 129.62% above change in value from its 52-Week low price. In the last earnings report the EPS was $1.10 and is expected to be $0.04 for the current year with 464,799,000 shares presently outstanding. For the current year the company's revenue estimates are $1.08 Billion compared to low analyst estimates of $1.02 Billion and high estimates of $1.13 Billion according to the prediction of 13 analysts. Iamgold Corporation had a net margin of 46.75% and a return on equity of 1.43%.

Iamgold Corporation was upgraded to "sector outperform" by analysts at CIBC. During the same period in the prior year, the company posted $0.01 earnings per share.

TRADEMARK VIOLATION WARNING: This story was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece on another publication, it was illegally copied and reposted in violation of United States & global trademark and copyright legislation. The correct version of this news story can be read at

Several analysts recently commented on IAG shares.

05/10/2017 - Iamgold Corporation was upgraded to "neutral" by analysts at Credit Suisse. BidaskClub upgraded Iamgold Corporation from a "hold" rating to a "buy" rating in a research report on Saturday, August 19th. The stock of IAMGOLD Corp (USA) (NYSE:IAG) earned "Sector Perform" rating by Scotia Capital on Thursday, May 11. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. This company shares are -4.72% up from its target price of $6.87 and the current market capitalization stands at $3.35B.

Like this


10 September 2017
Hyundai Motor says will continue China JV with BAIC
The construction of its fifth factory in Chongqing, capable of producing 300,000 units a year, has recently been completed. In the January-July period, Hyundai sold 351,292 vehicles in China, down 41 percent from 592,785 units a year earlier.

10 September 2017
Girl With 3D Printed Hand To Throw First Pitch At Pirates Game
She's able to write with the hand , and being a lifelong baseball fan, she has taught herself how to hold and throw a baseball. She's already made the ceremonial pitch at two MLB games, and now it's looking like she's got a lot of baseball in her future.

10 September 2017
Americans Increasingly Skeptical of Value of Four-Year Degrees
Americans are becoming increasingly divided on cultural and economic issues, according to a new NBC News/Wall Street Journal poll. USA political divisions reach far beyond Washington policy to fall along economic, cultural, geographical and educational lines.

10 September 2017
Govt school teacher resigns in protest against NEET
The bench also observed that National Eligibility and Entrance Test ( NEET ) has already been upheld by the apex court. The suicide of the girl had led to widespread protests in Tamil Nadu with many protesters being detained.

10 September 2017
China reiterates support to Pakistan in counterterrorism efforts
Wang said the first ever China-Afghanistan-Pakistan foreign ministers' trilateral meet would be held in Beijing later this year. China has always defended Pakistan over accusations of harbouring terrorists.

10 September 2017
New York Fashion Week show reviews for spring/summer 2018 collections
The svelte stunner revealed she travels the world by herself in economy and shares hotel rooms with other models. But the fashion industry still has a long way to go before truly representing the masses.

10 September 2017
A Massachusetts Man Killed His Brother Over The Speed Of Their Internet
Authorities believe that Nathan then went downstairs and grabbed knives from the kitchen, which he used to stab his older brother. It is reported by local Boston CBS news outlet that Nathan "punched Tim in the face and head and went to his room".

10 September 2017
Pinder powers Athletics to doubleheader sweep of Astros
Cameron Maybin hit a two-run homer in the top of the ninth inning to break a tie, his second late go-ahead hit in as many days. McHugh allowed three runs on four hits, including home runs by Chapman and Joyce, and left with the Astros leading 5-3.

10 September 2017
Duchess of Cambridge's morning sickness: The 10 myths that need busting
Fortunately, all the unpleasant symptoms, such as vomiting and nausea, disappear during the second trimester of the pregnancy. According to recent studies , it's estimated that about 1-3 percent of pregnant women with experience the condition.

10 September 2017
Hurricane Irma: 70000 in shelters, 3.4 mn may face power cut
FPL, a unit of Florida energy company NextEra Energy Inc, restored service to most customers affected by Matthew in just two days. Two Florida nuclear power plants in the path of Hurricane Irma are shutting down to brace for the powerful storm, CNN reported.