A Few Bright Spots In Iamgold Corp (NYSE: IAG)

Iamgold Corp (NYSE:IAG) currently has a daily average trading volume of 8.63M but it saw 5823003 shares traded in last market. With a market cap of 4.43B USD, the company’s current market price of $5.57 came rising about 0.54 while comparing to the previous closing price of $5.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.37 and as low as $2.11. In the recent trading on the day, stock has struck highest price mark of $5.47 while lowest mark touched by it was $5.64.

Taking a look at 20-day trading activity of Iamgold Corp (IAG) gives us an average price of $5.41, while its current price level is -12.56% below from 52-week high level whereas it is 163.98% 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 $5.33 while that of 200 days or SMA-200 reads an average of $4.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.73% during that period while stretching the period over a month that increases to 4.40%. 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 55.83 which implies that the stock is in neutral territory.

Over the week, IAG’s stock price is moving 11.85% up while it is -8.84% when we observe its performance for the past one month. Year-to-date it is 120.16% up and over the past year, the stock is showing an upside performance of 139.06%.

Currently, Iamgold Corp’s total number of outstanding shares is 570.30M. Company’s return on investment (ROI) stands at 17.38% and return on equity (ROE) at 26.44%. It has a price to earnings ratio (P/E ratio) of 4.35 while having a 7.12 of forward P/E ratio. Stock’s beta reads 1.58. Stock has a price to book (P/B) ratio of 0.98 while price to sale or P/S ratio amounts to 3.00. Its return on asset (ROA) is 14.39% on average.