IAMGOLD Corporation (NYSE:IAG) went down by -2.45% from its latest closing price compared to the recent 1-year high of $3.85. The company’s stock price has collected -10.86% of loss in the last five trading sessions. Press Release reported on 01/07/22 that Blue Thunder Grants Stock Options
Is It Worth Investing in IAMGOLD Corporation (NYSE :IAG) Right Now?
Plus, the 36-month beta value for IAG is at 1.03. Opinions of the stock are interesting as 2 analysts out of 12 who provided ratings for IAMGOLD Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $3.29, which is $0.54 above the current price. IAG currently public float of 474.94M and currently shorts hold a 1.62% ratio of that float. Today, the average trading volume of IAG was 7.82M shares.
IAG’s Market Performance
IAG stocks went down by -10.86% for the week, with a monthly drop of -9.71% and a quarterly performance of 12.96%, while its annual performance rate touched -20.06%. The volatility ratio for the week stands at 4.64% while the volatility levels for the past 30 days are set at 4.00% for IAMGOLD Corporation. The simple moving average for the period of the last 20 days is -6.94% for IAG stocks with a simple moving average of -4.88% for the last 200 days.
Analysts’ Opinion of IAG
BofA Securities, on the other hand, stated in their research note that they expect to see IAG reach a price target of $4.40, previously predicting the price at $6.25. The rating they have provided for IAG stocks is “Underperform” according to the report published on August 07th, 2020.
IAG Trading at -8.33% from the 50-Day Moving Average
After a stumble in the market that brought IAG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.44% of loss for the given period.
Volatility was left at 4.00%, however, over the last 30 days, the volatility rate increased by 4.64%, as shares sank -5.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.69% lower at present.
During the last 5 trading sessions, IAG fell by -10.86%, which changed the moving average for the period of 200-days by -7.31% in comparison to the 20-day moving average, which settled at $2.99. In addition, IAMGOLD Corporation saw -10.86% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IAG
Current profitability levels for the company are sitting at:
- +15.72 for the present operating margin
- +19.34 for the gross margin
The net margin for IAMGOLD Corporation stands at +3.10. The total capital return value is set at 6.83, while invested capital returns managed to touch 1.40. Equity return is now at value 0.10, with 0.10 for asset returns.
Based on IAMGOLD Corporation (IAG), the company’s capital structure generated 21.70 points at debt to equity in total, while total debt to capital is 17.83. Total debt to assets is 12.57, with long-term debt to equity ratio resting at 20.65. Finally, the long-term debt to capital ratio is 16.96.
When we switch over and look at the enterprise to sales, we see a ratio of 0.76, with the company’s debt to enterprise value settled at 0.37. The receivables turnover for the company is 19.66 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.17.