Iamgold says no news pending, unclear why stock price has surged

Tue Jun 3, 2014 3:34pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO, June 3 (Reuters) - Canadian gold miner Iamgold Corp said it was unclear why its stock had surged in afternoon trading on Tuesday, and stressed that the company had no news pending at this time.

Toronto and New York listed shares in the stock both surged at around 1400 ET (1800 GMT). The stock rallied as much as 16 percent and was still up about 9 percent at 1530 ET. (Reporting by Euan Rocha; Editing by Alden Bentley)