BUZZ-Iamgold Corp: Canaccord Genuity cuts PT on lower gold prices

Fri Jul 10, 2015 7:56am EDT
 
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** Canadian miner's U.S.-listed shares down more than 6 pct at $1.75 premarket

** Canaccord Genuity analysts cut PT on Toronto-listed stock to C$2.10 from C$2.25, citing lower gold prices

** Current median PT C$2.75

** Canaccord also cut PT on Endeavour Mining Corp to C$0.75 from C$1, Primero Mining Corp to C7 from C$7.50, Alamos Gold Inc to C$9 from C$8.50

** Up to Thursday's close, Iamgold's Toronto-listed stock had fallen 46.5 pct in last 12 months, U.S.-listed stock had fallen more than 55 pct