Iamgold’s Unexpected Large Tax Expense Overshadows Continued Operational Improvement
Iamgold continued its journey of operational improvement with a fourth quarter that saw attributable production grow 6% to 228,000 ounces. During the quarter, all-in sustaining costs rose 8% to $1,071 per ounce, but the company still finished 2017 with full-year AISC of $1,003 per ounce, 5% lower than the prior year.Despite solid operational performance, the market appeared surprised by the company’s $0.03 per share earnings loss for the fourth quarter, as Iamgold shares fell nearly 9% on a day...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.