Bearish MACD for IAMGOLD Corp.
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Tale of the Tape
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IAMGOLD Corp.’s (IAG - Free Report) MACD indicator has moved into bearish territory with a reading of –0.2660. The Zacks #4 Rank (“Sell”) stock decreased more than 0.45% to $10.95 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 3 cents over the past month to 90 cents per share.