On a day when investors fled to safe havens, metals stocks got a boost.
News & Analysis: IAMGOLD
The gold mining company disappointed investors.
Shares have skyrocketed lately. Is the price tag now too high, or does it still represent a lustrous value for investors?
Comments from the U.S. central bank pushed gold prices to nearly $1,400 per ounce.
The market is miffed with the gold miner's failure to create shareholder value.
The gold mining company disappointed its investors.
Thanks to a lackluster fourth-quarter earnings report, this gold miner ended last month glittering a lot less than when it began.
There may be a nugget of truth in rumors that IAMGOLD is for sale.
Investors reacted poorly to the gold miner's forecast for lower production and higher costs in the coming year.
The metal rises amid a stock market decline, and it's lifting shares of this mid-tier miner.