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NYSE:IAG

IAMGOLD (IAG) Stock Price, News & Analysis

$3.95
-0.07 (-1.74%)
(As of 05/31/2024 ET)
Today's Range
$3.93
$4.15
50-Day Range
$3.09
$4.53
52-Week Range
$1.99
$4.59
Volume
11.70 million shs
Average Volume
9.94 million shs
Market Capitalization
$2.25 billion
P/E Ratio
14.05
Dividend Yield
N/A
Price Target
$4.00

IAMGOLD MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
1.7% Upside
$4.00 Price Target
Short Interest
Healthy
1.64% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.85mentions of IAMGOLD in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
67.86%
From $0.28 to $0.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.84 out of 5 stars

Basic Materials Sector

114th out of 171 stocks

Gold & Silver Ores Industry

20th out of 36 stocks

IAG stock logo

About IAMGOLD Stock (NYSE:IAG)

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

IAG Stock Price History

IAG Stock News Headlines

7 Penny Stocks That Could Be the Growth Stars of Tomorrow
IAMGOLD (NYSE:IAG) Stock Rating Upgraded by StockNews.com
CIBC Increases IAMGOLD (NYSE:IAG) Price Target to $5.00
IAMGOLD (IAG) Q1 2024 Earnings Call Transcript
IAMGOLD Corp.
3 Precious Metal Penny Stocks to Buy for 100% Returns
IAMGOLD Corporation
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/01/2024
Next Earnings (Estimated)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
4,341
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.00
High Stock Price Target
$5.50
Low Stock Price Target
$2.50
Potential Upside/Downside
+1.7%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$94.30 million
Pretax Margin
17.97%

Debt

Sales & Book Value

Annual Sales
$987.10 million
Cash Flow
$0.54 per share
Book Value
$4.10 per share

Miscellaneous

Free Float
567,983,000
Market Cap
$2.24 billion
Optionable
Optionable
Beta
1.68
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Key Executives

  • Mr. Marthinus Wilhelmus Theunissen (Age 44)
    Chief Financial Officer
    Comp: $551.34k
  • Mr. Bruno Lemelin
    Chief Operating Officer
  • Mr. Renaud Adams P.Eng. (Age 54)
    CEO, President & Director
  • Mr. Graeme Douglas Jennings C.F.A.
    Vice President of Investor Relations & Corporate Communications
  • Mr. Timothy R. Bradburn
    Senior VP, General Counsel & Corporate Secretary
  • Ms. Dorena Quinn
    Senior Vice President of People
  • Mr. Stephen Eddy
    Senior VP of Business Development
  • Luc-Bernard Denoncourt Ing.
    Project Director

IAG Stock Analysis - Frequently Asked Questions

Should I buy or sell IAMGOLD stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IAMGOLD in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IAG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IAG, but not buy additional shares or sell existing shares.
View IAG analyst ratings
or view top-rated stocks.

What is IAMGOLD's stock price target for 2024?

7 analysts have issued 1 year target prices for IAMGOLD's shares. Their IAG share price targets range from $2.50 to $5.50. On average, they predict the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 1.7% from the stock's current price.
View analysts price targets for IAG
or view top-rated stocks among Wall Street analysts.

How have IAG shares performed in 2024?

IAMGOLD's stock was trading at $2.53 at the beginning of the year. Since then, IAG stock has increased by 55.5% and is now trading at $3.9350.
View the best growth stocks for 2024 here
.

Are investors shorting IAMGOLD?

IAMGOLD saw a drop in short interest in May. As of May 15th, there was short interest totaling 8,080,000 shares, a drop of 12.8% from the April 30th total of 9,270,000 shares. Based on an average daily trading volume, of 10,020,000 shares, the short-interest ratio is presently 0.8 days. Currently, 1.6% of the shares of the stock are sold short.
View IAMGOLD's Short Interest
.

When is IAMGOLD's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 8th 2024.
View our IAG earnings forecast
.

How were IAMGOLD's earnings last quarter?

IAMGOLD Co. (NYSE:IAG) announced its earnings results on Thursday, May, 9th. The mining company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.09. The mining company had revenue of $338.90 million for the quarter. IAMGOLD had a net margin of 12.48% and a trailing twelve-month return on equity of 3.17%. During the same period in the previous year, the company earned $0.05 earnings per share.

Is IAMGOLD a good dividend stock?

IAMGOLD (NYSE:IAG) pays an annual dividend of $0.25 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 89.29%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, IAG will have a dividend payout ratio of 53.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IAG.

What is Peter Harmer's approval rating as IAMGOLD's CEO?

87 employees have rated IAMGOLD Chief Executive Officer Peter Harmer on Glassdoor.com. Peter Harmer has an approval rating of 84% among the company's employees.

What other stocks do shareholders of IAMGOLD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IAMGOLD investors own include IAMGOLD (IMG), Mega Uranium (MGA), Kinross Gold (KGC), B2Gold (BTG), Barrick Gold (GOLD), Yamana Gold (AUY), General Motors (GM), Newmont (NEM), Eldorado Gold (EGO) and First Majestic Silver (AG).

Who are IAMGOLD's major shareholders?

IAMGOLD's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (10.48%), Donald Smith & CO. Inc. (7.26%), Helikon Investments Ltd (6.62%), Vanguard Group Inc. (3.56%), Polunin Capital Partners Ltd (1.81%) and BNP Paribas Financial Markets (0.12%).
View institutional ownership trends
.

How do I buy shares of IAMGOLD?

Shares of IAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:IAG) was last updated on 6/1/2024 by MarketBeat.com Staff

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