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Fly News Breaks for August 23, 2017
IAG
Aug 23, 2017 | 08:40 EDT
As previously reported, BMO Capital analyst Andrew Kaip upgraded IAMGold to Outperform from Market Perform as he believes the company's Saramacca resources will be of a higher grade and potentially larger than the company's initial estimate. The analyst, who noted the company plans to complete a resource estimate at the Saramacca project in Q3, raised his price target on IAMGold shares to $7.50 from $6.00.
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