Iamgold Stock Today

IAG Stock  USD 5.57  0.03  0.54%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
IAMGold is trading at 5.57 as of the 21st of November 2024. This is a 0.54% increase since the beginning of the trading day. The stock's lowest day price was 5.47. IAMGold has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for IAMGold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
8th of March 1996
Category
Basic Materials
IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada. Iamgold Corp operates under Gold classification in the United States and is traded on New York Stock Exchange. The company has 571.2 M outstanding shares of which 5.42 M shares are currently shorted by investors with about 0.57 days to cover. More on IAMGold

Moving together with IAMGold Stock

  0.62OR Osisko Gold RoPairCorr
  0.85AEM Agnico Eagle MinesPairCorr
  0.68AGI Alamos GoldPairCorr

Moving against IAMGold Stock

  0.41GURE Gulf ResourcesPairCorr

IAMGold Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CEORenaud PEng
Thematic Ideas
(View all Themes)
Old Names[Gomero Group AB, iAlbatros Group S.A.]
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, IBEX 35 Index, Philadelphia GoldSilver, ARCA Gold BUGS, Stlmt ID PHLX, SP TSX Composite, Gold and Gold Mining, Precious Metals, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
IAMGold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IAMGold's financial leverage. It provides some insight into what part of IAMGold's total assets is financed by creditors.
Liquidity
IAMGold has 952.1 M in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. IAMGold has a current ratio of 1.96, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for IAMGold to invest in growth at high rates of return.

Change In Working Capital

(15.93 Million)
IAMGold (IAG) is traded on New York Stock Exchange in USA. It is located in 150 King Street West, Toronto, ON, Canada, M5H 1J9 and employs 3,700 people. IAMGold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.18 B. IAMGold runs under Metals & Mining sector within Materials industry. The entity has 571.2 M outstanding shares of which 5.42 M shares are currently shorted by investors with about 0.57 days to cover. IAMGold has about 0 in cash with 119.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.12.
Check IAMGold Probability Of Bankruptcy
Ownership Allocation
IAMGold has a total of 571.2 Million outstanding shares. Over half of IAMGold's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check IAMGold Ownership Details

IAMGold Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-06-30
7.6 M
Two Sigma Advisers, Llc2024-06-30
6.4 M
P Schoenfeld Asset Mgmt Lp(ny)2024-06-30
5.6 M
Mackenzie Investments2024-09-30
4.8 M
Amundi2024-06-30
4.6 M
Bank Of America Corp2024-06-30
4.1 M
Citadel Advisors Llc2024-06-30
3.7 M
Sprott Inc.2024-06-30
3.7 M
Schroder Investment Management Group2024-06-30
3.5 M
Van Eck Associates Corporation2024-06-30
48.6 M
Donald Smith & Co Inc2024-06-30
34.9 M
View IAMGold Diagnostics

IAMGold Historical Income Statement

At this time, IAMGold's Operating Income is most likely to decrease significantly in the upcoming years. The IAMGold's current Income Before Tax is estimated to increase to about 134.6 M, while Total Revenue is projected to decrease to roughly 774 M. View More Fundamentals

IAMGold Stock Against Markets

IAMGold Corporate Directors

John CaldwellIndependent DirectorProfile
Richard HallIndependent DirectorProfile
Timothy SniderIndependent DirectorProfile
Ronald GagelIndependent DirectorProfile
When determining whether IAMGold is a strong investment it is important to analyze IAMGold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IAMGold. If investors know IAMGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IAMGold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Earnings Share
1.35
Revenue Per Share
2.824
Quarterly Revenue Growth
0.955
Return On Assets
0.0444
The market value of IAMGold is measured differently than its book value, which is the value of IAMGold that is recorded on the company's balance sheet. Investors also form their own opinion of IAMGold's value that differs from its market value or its book value, called intrinsic value, which is IAMGold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IAMGold's market value can be influenced by many factors that don't directly affect IAMGold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.