IAMGOLD IAG shares moved below its 50-day simple moving average (SMA) yesterday, with the stock closing at $4.54 compared with the 50-day SMA of $4.88. This seems to have been triggered by comments made by Burkina Faso’s president Traoré hinting at the withdrawal of mining permits of companies violating local laws. Even though no company names have been mentioned, this has caused investor…
