Shares of Iamgold Corporation (NYSE:IAG) traded today at $2.38, breaking its 52-week low. So far today approximately 9.5 million shares have been exchanged, as compared to an average 30-day volume of 4 million shares.
Iamgold Corp is a mid-tier mining company with three gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects, and continued assessment of accretive acquisition opportunities. Its operating mines include Rosebel Gold Mine located in Suriname; Essakane Gold Mine located in Burkina Faso; Boto Gold Project located in Senegal; Cote Gold Project; and Westwood Gold Mine located in Canada.
Iamgold Corporation (NYSE:IAG) is currently priced 50.7% above its average consensus analyst price target of $1.23.
In the past 52 weeks, Iamgold Corporation share prices are bracketed by a current low of $2.38 and a high of $5.35 and is now at $2.50.
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