Iamgold Corp (NYSE: IAG) Now $2.23 Higher From Its Low (2.93), Does It Still Have A Growth Story?

Iamgold Corp (NYSE:IAG) currently has a daily average trading volume of 7.94M but it saw 5103547 shares traded in last market. With a market cap of 2.95B USD, the company’s current market price of $5.16 came rising about 1.98 while comparing to the previous closing price of $5.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.37 and as low as $2.23. In the recent trading on the day, stock has struck highest price mark of $5.06 while lowest mark touched by it was $5.19.

Taking a look at 20-day trading activity of Iamgold Corp (IAG) gives us an average price of $5.36, while its current price level is -19.00% below from 52-week high level whereas it is 131.39% 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 $5.44 while that of 200 days or SMA-200 reads an average of $4.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.75% during that period while stretching the period over a month that increases to 3.59%. 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 45.06 which implies that the stock is in neutral territory.

Over the week, IAG’s stock price is moving -0.39% down while it is -6.18% when we observe its performance for the past one month. Year-to-date it is 103.95% up and over the past year, the stock is showing an upside performance of 103.95%.

Currently, Iamgold Corp’s total number of outstanding shares is 571.10M. 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 4.03 while having a 6.02 of forward P/E ratio. Stock’s beta reads 1.57. Stock has a price to book (P/B) ratio of 0.91 while price to sale or P/S ratio amounts to 1.99. Its return on asset (ROA) is 14.39% on average.