National Bank Maintains Iamgold(IAG.US) With Hold Rating, Raises Target Price to $5.12
National Bank analyst Mike Parkin maintains $Iamgold(IAG.US)$ with a hold rating, and adjusts the target price from $4.94 to $5.12.According to TipRanks data, the analyst has a success rate of 41.0%
As the US dollar weakens, the prices of industrial metals rise.
London copper futures prices have recently slightly increased, mainly due to the dual impact of the weakening of the US dollar and the expected reduction in production of Chinese smelters.
Huili: bullish on gold's performance in the second half of the year, a chance to buy in on a dip to $2300.
Zhao Shande said that from a technical perspective, any pullback to the strong resistance at $2300 can provide a good buying opportunity for investors, reflecting that gold has a certain defensive capability.
Why Iamgold (IAG) Is Poised to Beat Earnings Estimates Again
"Rate cut trade" and "Trump trade" double blessing: Gold prices approach historic highs.
The market's expectation of a rate cut in September has pushed up the price of gold, while the failed assassination attempt on Trump has further boosted demand for metals as a safe haven.
Commodity Roundup: Gold Near Fresh Record High, China Demand Concerns Weigh on Oil
Gold prices extended their rally to Tuesday, trading close to an -all-time high amid rising hopes that the Federal Reserve would cut interest rates by the end of the year, while oil prices ticked lower on lingering demand concerns.
MetalsFocus: The US dollar is expected to continue to remain strong, and precious metals prices may retreat moderately during the summer.
MetalsFocus pointed out that due to the interest rate differential still benefiting the US dollar, the US dollar is expected to continue to remain strong in the near future. In addition, considering the relatively fast rise in precious metal prices over the past three months, precious metal prices may experience a moderate pullback during the summer.
Iamgold | 6-K: Report of foreign private issuer (related to financial reporting)
IAMGOLD Provides Notice of Second Quarter 2024 Results and Conference Call
Toronto, Ontario--(Newsfile Corp. - July 15, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its second quarter 2024
Ubs Group: Gold still has room for growth, but silver will perform better.
With the call for a rate cut growing louder, international gold prices have regained their upward momentum after a brief slump in the summer. UBS, which predicted that gold will rise to $2,700 next year, reiterated its bullish outlook on gold. However, UBS expects silver to outperform gold and have a greater potential to beat the market.
Precious Metals Start a Rally After Soft US CPI Data – TDS
Precious metals rally started after below expected US inflation data hit the market. Asian demand for Gold (XAU/USD) and Silver (XAG/USD) goes up, TDS senior commodity strategist Ryan McKay notes.
IAG Concludes Share Purchase for Air Europa Deal
International Consolidated Airlines Group (IAG) has successfully concluded its share purchase program, acquiring 27,064,575 shares to potentially fulfill part of the payment for the acquisition of Air Europa. The shares represent roughly 0.5% of IAG’s share capital and may also serve to grant share awards to employees if the acquisition does not proceed.
Tracking Hong Kong stock concepts | The Fed does not need to wait for inflation to fall below 2% before lowering interest rates. Gold prices will have further drivers in the future. (Attached concept stocks)
Continuing to stay ahead of the expected rate cut by the Federal Reserve, industry insiders say that the adjustment in gold prices may provide a good buying opportunity.
IAMGOLD Price Target Raised to $4.90/Share From $4.80 by CIBC
IAMGOLD Price Target Raised to $4.90/Share From $4.80 by
Express News | CIBC Maintains Neutral on Iamgold, Raises Price Target to $4.9
Iamgold Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 16.95% CIBC $4.8 → $4.9 Maintains Neutral 06/06/2024 7.4% Scotiabank $4.25 → $4.5 Maintains
Orezone Gold Corp. Brief: Announcing US$105 Million Financing to Fully Fund the Bombore Phase II Hard Rock Expansion
06:31 AM EDT, 07/10/2024 (MT Newswires) -- Orezone Gold Corp. Brief: Announcing US$105 Million Financing to Fully Fund the Bombore Phase II Hard Rock
Express News | IAMGOLD Corp : CIBC Raises Target Price to $4.9 From $4.8
Globex Acquires Two Gold Projects in Quebec From IAMGOLD
Gold prices fell after investors took profit, ING said the gold rally will continue until the end of the year.
USA gold futures fell sharply on Monday as investors took profits. Last week, the price of gold rose sharply on expectations that the Federal Reserve might lower interest rates in September.