RBC Capital reaffirmed their underperform rating on shares of IAMGOLD Corp (TSE:IMG) in a report published on Friday morning, StockTargetPrices.com reports. They currently have a C$2.45 target price on the mining company’s stock.

Several other equities research analysts have also recently commented on the company. Canaccord Genuity cut their price target on IAMGOLD Corp to C$17.50 and set a buy rating for the company in a report on Thursday, November 26th. Macquarie cut their price target on IAMGOLD Corp to C$16.00 and set an outperform rating for the company in a report on Thursday, November 26th. Scotiabank reaffirmed a sector outperform rating on shares of IAMGOLD Corp in a report on Thursday, November 26th. Finally, TD Securities cut their price target on IAMGOLD Corp from C$2.50 to C$2.25 and set a hold rating for the company in a report on Wednesday, January 20th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The company has an average rating of Hold and an average price target of C$6.66.

IAMGOLD Corp (TSE:IMG) opened at 2.04 on Friday. IAMGOLD Corp has a 52-week low of $1.50 and a 52-week high of $3.44. The stock has a 50 day moving average price of $2.01 and a 200 day moving average price of $2.12. The company’s market capitalization is $798.45 million.

IAMGOLD Corporation (TSE:IMG) is a mid-tier mining company with four operating gold mines on three continents. The Company mines include Rosebel Gold Mine, Essakane Gold Mine, Sadiola Gold Mine and Yatela Gold Mine. IAMGOLD operates in West Africa, the Guiana Shield of South America and Quebec and has a pipeline of development and exploration projects. The Company holds 95% ownership in the Rosebel Gold Mine, which is located in the Suriname, South America. The Company’s 90% owned Essakane Gold Mine mine is located in the Burkina Faso, West Africa. The Company holds 40% interest in the Sadiola Gold Mine, which is located in the Mali, North Western Africa. It also holds 40% interest in the Yatela Gold Mine, which is located in the Mali, North Western Africa. The Company also holds Greenfield exploration projects, which include the Boto Gold Project, the Siribaya exploration project and the Monster Lake project.

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