| Iamgold reports 3Q loss | |
| | |
|
TORONTO (AP) _ Iamgold Corp. (IAG) on Tuesday reported a loss of $83.8 million in its third quarter.
The Toronto-based company said it had a loss of 21 cents per share. Losses, adjusted for one-time gains and costs, were 12 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The gold and niobium mining company posted revenue of $207.6 million in the period.
In the final minutes of trading on Tuesday, the company's shares hit $1.75. A year ago, they were trading at $1.91.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IAG at http://www.zacks.com/ap/IAG
_____
Keywords: Iamgold, Earnings Report
|
|
|
VanEck Vectors Global Alternative Energy ETF
|
|
PRODUCER |
CODE : IMG.TO |
ISIN : CA4509131088 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
IAMGOLD is a gold producing company based in Canada. IAMGOLD produces gold, diamonds, lead, niobium, rare earth, silver and zinc in Botswana, in Canada, in Ecuador, in Ghana, in Guyana, in Indonesia, in Mali, in Peru, in South Africa, in Suriname and in Tanzania, develops gold in Burkina Faso, in Ecuador and in French Guyana, and holds various exploration projects in Canada, in Ecuador, in Honduras, in Peru and in South Africa. Its main assets in production are OMAI MINE in Guyana, MOUSKA MINE, PORCUPINE, SLEEPING GIANT, DOYON, NIOBEC and GRAND DUC in Canada, YATELA and SADIOLA in Mali, MUPANE in Botswana, DAMANG PROJECT, TARKWA and TEBEREBIE in Ghana, ROSEBEL in Suriname, ZARUMA in Ecuador, ARDO MINE in South Africa, BUCKREEF in Tanzania, RAWAS GOLD PROJECT in Indonesia and TAMBORAQUE in Peru, its main assets in development are ESSAKANE in Burkina Faso, CAMP CAIMAN in French Guyana and QUIMSACOCHA PROJECT in Ecuador and its main exploration properties are BAMBADJI in Senegal, TEX-SOL, LESPERANCE, CREVIER and WESTWOOD in Canada, ALAMOUTALA (SADIOLA II) and SIRIBAYA in Mali, GILT EDGE MINE & ANCHOR HILL in Ecuador, PODEROSA MINE in Peru and VUELTAS DEL RIO / EL ZAPOTAL in Honduras. IAMGOLD is listed in Australia, in Canada, in Germany and in United States of America. Its market capitalisation is 316.9 millions as of today (US$ 230.6 millions, € 210.7 millions). Its stock quote reached its highest recent level on April 28, 2006 at 9.98, and its lowest recent point on September 30, 2022 at 1.27. IAMGOLD has 47 442 200 shares outstanding. |