IAMGOLD Corp T.IMG

Alternate Symbol(s): IAG

Metals & Mining Gold

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. It owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau. It holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec. It also owns Rich Lake and Lac a l’Eau Jaune (gold) properties.

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IAMGOLD Corp > Wall Street analysts --- Gold Predictions next week

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Post by Luke555on Feb 18, 2022 2:42pm

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Post# 34442928

Wall Street analysts --- Gold Predictions next week

Looking to next week, here’s the consensus of some gold analysts. As you know I don’t put much faith in their projections. Especially, after the top analyst at RBC recently gave IAMGOLD a target price of CDN $2.00 what a fiasco!!! What’s he smoking!! Is he still employed? For what it’s worth, I’ll share the following information.

This week 18 Wall Street analysts participated in gold survey. Among the participants, 13, or 72%, called for gold prices to rise. At the same time, three analysts, or 22%, called for lower gold prices next week. One analyst, or 5%, was neutral on gold in the near term.

Enjoy your weekend...

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