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Last C$2.58 CAD
Change Today -0.05 / -1.90%
Volume 3.3M
IMG On Other Exchanges
Symbol
Exchange
New York
Toronto
Frankfurt
As of 4:00 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

iamgold corp (IMG) Snapshot

Open
C$2.59
Previous Close
C$2.63
Day High
C$2.64
Day Low
C$2.53
52 Week High
06/19/14 - C$4.57
52 Week Low
11/5/14 - C$1.62
Market Cap
1.0B
Average Volume 10 Days
2.5M
EPS TTM
C$-0.49
Shares Outstanding
391.3M
EX-Date
12/11/13
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for IAMGOLD CORP (IMG)

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iamgold corp (IMG) Details

IAMGOLD Corporation primarily engages in the exploration, development, and operation of gold mining properties. It also explores for silver and copper deposits. The company holds interests in four operating gold mines, as well as exploration and development projects located in Africa, South America, and Canada. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

Founded in 1990

iamgold corp (IMG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$881.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$453.9K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: C$538.6K
Senior Vice President of Business Development...
Total Annual Compensation: C$352.6K
Senior Vice President of Exploration
Total Annual Compensation: C$336.4K
Compensation as of Fiscal Year 2014.

iamgold corp (IMG) Key Developments

IAMGOLD Corporation Provides Additional Drilling Results of Boto Gold Project in Eastern Senegal and an Updated Resource Estimate for its Essakane Mine, Including Falagountou

IAMGOLD Corp. announced an updated resource estimate in accordance with National Instrument 43-101 for its Falagountou deposit, part of its Essakane Mine, located in north Burkina Faso. The Falagountou mineral resource estimate incorporates assay results from an additional 165 reverse circulation and diamond drill holes totaling 15,065 metres completed since the December 31, 2014 estimate reported by the company. The new indicated Essakane in-pit resource (100% basis, including the Falagountou deposit) totals 129.5 million tonnes averaging 1.20 grams of gold per tonne for 4.98 million ounces of contained gold and an inferred resource of 10.8 million tonnes averaging 1.38 grams of gold per tonne for 0.48 million ounces of contained gold. The updated resource estimate represents a 6% increase in indicated resources from the previously reported estimate. The updated Essakane resource estimate benefited from both infill drilling that substantially upgraded the confidence of the estimate through conversion of inferred resources to indicated resources as well as step-out drilling to expand the overall resource base of the Falagountou deposit. The Falagountou deposit now hosts an indicated resource of 12.5 million tonnes averaging 1.52 grams of gold per tonne for 0.61 million ounces of contained gold and an inferred resource of 0.58 million tonnes averaging 2.12 grams of gold per tonne for 40,000 ounces of contained gold. This new indicated resource represents an 84% gold content increase at Falagountou compared to the previously reported estimate. The Boto Gold project comprises 236 square kilometres of exploration licenses located in eastern Senegal along the Senegal-Mali border. The geological setting of the project area is similar to the prolific Sadiola and Loulo gold districts in adjacent Mali, being underlain by highly prospective, Birimian-aged metasedimentary, volcanic and intrusive rocks along a seven-kilometre strike length of the Senegal-Mali Shear Zone. The project hosts an indicated resource of 22.8 million tonnes averaging 1.7 grams of gold per tonne for 1.23 million ounces and an inferred resource of 10.96 million tonnes averaging 1.8 grams of gold per tonne for 635,000 ounces. A significant percentage of the total resources are derived from the newly discovered Malikoundi deposit which is the larges deposit discovered to date on the property.

Anglogold Reportedly In Talks To Sell Its Cripple Creek Mine

AngloGold Ashanti Ltd. (JSE:ANG) is holding talks to sell its Cripple Creek mine in Colorado for up to $1 billion, reports the Financial Times, citing people familiar with the matter. Newmont Mining Corporation (NYSE:NEM) and Kinross Gold Corporation (TSX:K) are in second-round discussions for all or part of the mine while Goldcorp Inc. (TSX:G) and IAMGOLD Corp. (TSX:IMG) have also expressed interest. Anglo may try to maintain operational control of Cripple Creek, notes the Financial Times.

IAMGOLD Corp. Mulls Acquisition Of Stake In Mines From AngloGold Ashanti

IAMGOLD Corp. (TSX:IMG) is seeking acquisition of stake in two mines in Mali from AngloGold Ashanti Ltd. (JSE:ANG). The two mining firms are at present partners in the management of the Sadiola and Yatela mines in the West African country with each possessing 41% of the previous mine in southwestern Mali. Iamgold spokesperson Laura Young said, ”Iamgold has been having ongoing dialogue with AngloGold, with respect to how the Sadiola expansion project could move forward and to help facilitate their exit from their share of the assets. Acquiring their share of the assets has always been one of the options.” Officials of the AngloGold Ashanti have said AngloGold Ashanti had been approached by a potential buyer that meets its criteria and has asked for a binding bid. AngloGold, under pressure to decrease its debt, said that it intends to dispose of its stakes in the Sadiola and Yatela mines.

 

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Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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