Iamgold Corp (IAG): Uncovering A True Diamond In The Rough

Iamgold Corp (NYSE:IAG) currently has a daily average trading volume of 11.55M but it saw 12833081 shares traded in last market. With a market cap of 3.50B USD, the company’s current market price of $6.11 came rising about 1.16 while comparing to the previous closing price of $6.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.69 and as low as $3.06. In the recent trading on the day, stock has struck highest price mark of $6.02 while lowest mark touched by it was $6.29.

Taking a look at 20-day trading activity of Iamgold Corp (IAG) gives us an average price of $5.76, while its current price level is -8.67% below from 52-week high level whereas it is 99.67% 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 $5.94 while that of 200 days or SMA-200 reads an average of $5.14. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.47% during that period while stretching the period over a month that increases to 4.61%. 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 55.77 which implies that the stock is in neutral territory.

Over the week, IAG’s stock price is moving -0.16% down while it is 9.69% when we observe its performance for the past one month. Year-to-date it is 18.41% up and over the past year, the stock is showing an upside performance of 105.03%.

The company is expected to be releasing its next quarterly report on 2025-Feb-19, for which analysts forecasted an EPS of 0.09 while estimate for next year EPS is 0.54. In next quarter, company is expected to be making quarterly sales of $568.04M as analysts are expecting the sales for current fiscal year at $2.37B and seeing the company making $2.52B in sales next year. Moreover, analysts are in estimates of $505.52M for current-quarter revenue.

Currently, Iamgold Corp’s total number of outstanding shares is 571.40M with 0.11% of that held by the insiders while 70.59% of its common stock has been owned by the institutions. 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 4.21 while having a 6.88 of forward P/E ratio. Stock’s beta reads 1.60. Stock has a price to book (P/B) ratio of 1.05 while price to sale or P/S ratio amounts to 2.10. Its return on asset (ROA) is 15.06% on average.