6. IAMGOLD ( IAG) is a Canada-based mining and exploration company.
Early December, the company revised its annual dividend payment 33% higher to 8 cents per share. IAMGOLD's president and CEO Steve Letwin said, "The dividend increase reflects the confidence the board and management have in the current and future cash flows for the Company. We have a superior combination of assets and people, and when you couple that with our strong balance sheet and attractive opportunities, the outlook for growth is very positive." The company expects its gold production to increase by 20% during 2011 According to consensus estimates of price target, the stock has an upside of 32% during 2011, ahead of Gold Fields' ( GFI) 15%, and Golden Star Resources' ( GSS) 16%. For the current quarter, analysts expect IAMGOLD to report earnings of 27 cents, compared to earnings of 11 cents and a loss of 13 cents in the quarter-ago and year-ago periods, respectively. For the full year, the company is set to report earnings of 67 cents per share for 2010 and $1.29 per share for 2011, in comparison to earnings of 32 cents per share during 2009, according to analysts polled by Bloomberg. Of the 19 analysts covering the stock, 14 recommend buying and 5 rated holding.