The Globe and Mail reports in its Thursday, April 10, edition that Morningstar gives a five-star rating to Iamgold ($3.88) and Yamana Gold ($9.60), which is its strongest buy signal (all figures Canadian unless otherwise stated). The Globe's David Milstead writes in the Vox column that Morningstar pegs Iamgold's fair value at $7.50, nearly twice its close on Wednesday. Morningstar gives Yamana Gold a fair value of $17, again significantly ahead of yesterday's close. Morningstar uses futures contracts to estimate gold prices over the next three years, and then assumes a price of $1,255 (U.S.) per ounce in 2017. Canaccord Genuity analyst Tony Lesiak was negative on Iamgold in The Globe on Nov. 8, 2013. The shares were then worth $4.81. Mr. Lesiak cut Iamgold to "hold" from "buy" while maintaining a $5 price target in The Globe on Jan. 23, 2014. Iamgold shares were then worth $4.01. Mr. Lesiak rated Yamana Gold "buy" in The Globe on Feb. 12, 2014. In the item he raised his price target to $12.25 from $11.50. In the item, Mr. Lesiak said Yamana Gold shares "have responded strongly on the view [the miner] has turned the corner." Yamana Gold shares could then be had for $11.31.