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Iamgold Corporation (IAG) [hlAlert]

Rating:
Buy IAG
down 70.65 %

Iamgold Corporation (IAG) rated Buy with price target $7.50 by Global Hunter Securities

Posted on: Friday,  Jun 14, 2013  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy Iamgold Corporation (NYSE: IAG) on 06/14/2013, when the stock price was $5.35. Since
then, Iamgold Corporation has lost 70.65% as of 11/25/2015's recent price of $1.57.
If you would have followed this Global Hunter Securities's recommendation on IAG, you would have lost 70.65% of your investment in 894 days.

IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine. Both are located in Mali, West Africa. Measured and indicated resources at Sadiola and Yatela are 5.5 million ounces of gold (including reserves of 5.2 million ounces). Inferred resources are 5.9 million ounces. IAMGOLD is actively exploring highly prospective ground in Africa and South America.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/14/2013 9:25 AM Buy
None
5.35 7.50
as of 12/13/2013
1 Week down  -11.36 %
1 Month down  -24.28 %
3 Months down  -36.12 %
1 YTD down  -35.88 %

(*) Stock Price at the time of the recommendation.
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