IAMGOLD Corp. engages in the exploration, development and production of gold and mineral resource properties. The company was founded by William D. Pugliese, Mark I. Nathanson, and Larry E. Phillips on March 27, 1990 and is headquartered in Toronto, Canada.
UBS has raised its target price for IAG shares to 280 pence from 210 pence, indicating a 17% upside potential. The airline group"s operating profit increased by 15.4% to 2.01 billion euros, surpassing expectations, while revenues rose by 7.9% to 9.33 billion euros in Q3. UBS anticipates a solid financial performance for the remainder of the year.
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