drbubb Posted September 19, 2008 Report Share Posted September 19, 2008 Iamgold (IAG) - at under $6, looks cheap Historic PE of about 8, 1 million oz. Gold production (2008 thread) "10-bagger from $2 Low in 1 year" ======================================== Iamgold (IAG) ... ALL : 10yr: Jan.'15: 5yr: 2-yr : 6-mo : 10d / updated 14-Jan 2022 : Jan.'15: 5yr: 2-yr : 6-mo : 10d / updated 14-Jan 2022 : "We continue to deliver growth in revenues, net earnings and cash flow as reported during the current quarter. Our cash costs and increased production guidance demonstrate our focus on cost improvement and production initiatives," stated Joseph Conway, President & CEO. All amounts are expressed in US dollars, unless otherwise indicated. HIGHLIGHTS Net earnings increased by 169%(1) to $33.3 million or $0.11 per share in the second quarter of 2008 compared to adjusted net earnings of $12.4 million or $0.04 per share in the second quarter of 2007.(2) •Significant increase in the operating cash flow to $44.9 million in the second quarter of 2008, compared to $14.1 million in the second quarter of 2007. •Gold production in the second quarter of 2008 was 255,000 ounces at an average cash cost (2) of $472 per ounce. Production outlook for 2008 increased to 950,000 ounces of gold and at a revised cash cost of $485-$495 per ounce. + Exploration and development expenditures were $17.4 million during the second quarter of 2008. + Cash and gold bullion position of $295.7 million (valuing gold bullion at market) continues to be strong. + Continued growth in operating performance and contribution of the Niobec mine. /see: http://www.iamgold.c...esultsFINAL.pdf = = = IAG-to-Gold ratio - from 2006-08 : Range 0.6% - 1.9% -------------------------------- : Ratio - from 2011-13 : : ============================================================================================= LINKS: IAG Website :: http://www.iamgold.com/ Financials--- :: 2012-AR : 2013-Q1 : Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now