Gold futures were lower today, weighed down by the stronger dollar as gold becomes more expensive for holders of other currencies.
Gold for April delivery is declining 0.8% to $1,244.30 per ounce on the COMEX this afternoon.
Despite gold's movement today, analysts are still bullish on the precious metal following the Federal Reserve's decision last week to keep interest rates unchanged.
Based in Toronto, IAMGOLD is a mining company that operates four mines.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rates this stock as a "sell" with a ratings score of D. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and weak operating cash flow.
You can view the full analysis from the report here: IAG