IAM Gold Stock Upgraded
On December - 22 - 2009
IAMGOLD Corporation (USA) (NYSE:IAG) surged over 2.5% to $15.43 after UBS upgraded IAG from Neutral to Buy while reduced IAG’s price target to $21.50 from $22.50. IAMGOLD Corporation is is engaged in the exploration, development and operation of gold mining properties and the operation of a niobium mine. Its interests include seven operating gold mines, a niobium producer, a diamond royalty, and exploration and development projects located throughout Africa and the Americas.
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