IAMGOLD Corp (USA) (NYSE:IAG)

CAPS Rating: 3 out of 5

The Company is engaged in the exploration, development and operation of gold mining properties and of a niobium mine.

Recs

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Player Avatar raj07 (95.89) Submitted: 5/28/2009 5:15:53 PM : Outperform Start Price: $10.95 IAG Score: -46.78

Gold prices will go up as the world economy recovers and demand picks back up. Also expecting US dollar to fall against other major currencies over the long term and gold should benefit from this.

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