Iamgold Corp. (NYSE:IAG) currently has a daily average trading volume of 8.85M but it saw 8091331 shares traded in last market. With a market cap of 3.02B USD, the company’s current market price of $5.29 came falling about -2.04 while comparing to the previous closing price of $5.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.56 and as low as $1.99. In the recent trading on the day, stock has struck highest price mark of $5.275 while lowest mark touched by it was $5.57.
Taking a look at 20-day trading activity of Iamgold Corp. (IAG) gives us an average price of $5.09, while its current price level is -4.86% below from 52-week high level whereas it is 165.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.58 while that of 200 days or SMA-200 reads an average of $3.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.20% during that period while stretching the period over a month that decreases to 3.42%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.75 which implies that the stock is in neutral territory.
RBC Capital Mkts upgraded its recommendation for the stock as a “Sector Perform” from “Underperform” on September 12, 2023 while assigning a price target range of $1.75-$2.75. BMO Capital Markets issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $2 and $3.25.
Over the week, IAG’s stock price is moving 7.09% up while it is 3.32% when we observe its performance for the past one month. Year-to-date it is 109.09% up and over the past year, the stock is showing an upside performance of 108.27%.
Currently, Iamgold Corp.’s total number of outstanding shares is 570.30M. Company’s return on investment (ROI) stands at 3.62% and return on equity (ROE) at 5.31%. It has a price to earnings ratio (P/E ratio) of 21.23 while having a 7.87 of forward P/E ratio. Stock’s beta reads 1.58. Stock has a price to book (P/B) ratio of 1.14 while price to sale or P/S ratio amounts to 2.41. Its return on asset (ROA) is 2.74% on average.
