Iamgold Corp (NYSE: IAG) Recovers 130.43% From 52-Week Low, Is IAG Still A High-Risk, High-Reward Play?

Iamgold Corp (NYSE:IAG) currently has a daily average trading volume of 9.91M but it saw 9660946 shares traded in last market. With a market cap of 3.34B USD, the company’s current market price of $5.83 came rising about 4.67 while comparing to the previous closing price of $5.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.69 and as low as $2.53.

Taking a look at 20-day trading activity of Iamgold Corp (IAG) gives us an average price of $6.24, while its current price level is -12.86% below from 52-week high level whereas it is 130.43% 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 $5.77 while that of 200 days or SMA-200 reads an average of $4.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.90% during that period while stretching the period over a month that decreases to 4.24%. 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 45.29 which implies that the stock is in neutral territory.

Over the week, IAG’s stock price is moving -6.27% down while it is 1.92% when we observe its performance for the past one month. Year-to-date it is 12.98% up and over the past year, the stock is showing an upside performance of 121.67%.

Currently, Iamgold Corp’s total number of outstanding shares is 571.40M. Company’s return on investment (ROI) stands at 18.54% and return on equity (ROE) at 29.57%. It has a price to earnings ratio (P/E ratio) of 4.02 while having a 5.94 of forward P/E ratio. Stock’s beta reads 1.64. Stock has a price to book (P/B) ratio of 1.00 while price to sale or P/S ratio amounts to 2.00. Its return on asset (ROA) is 15.06% on average.