Iamgold Corp (IAG): A Technical Analysis

Iamgold Corp (NYSE: IAG) has a higher price-to-earnings ratio of 4.36x compared to its average ratio. IAG has 36-month beta value of 1.55. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 3 as “hold,” and 1 as “sell.”

The public float for IAG is 570.34M, and currently, short sellers hold a 1.09% ratio of that float. The average trading volume of IAG on January 20, 2025 was 8.19M shares.

IAG) stock’s latest price update

Iamgold Corp (NYSE: IAG) has experienced a rise in its stock price by 2.39 compared to its previous closing price of 5.45. However, the company has seen a fall of -1.59% in its stock price over the last five trading days. zacks.com reported 2025-01-17 that IAMGOLD is set to deliver record 2024 revenues, backed by solid performances at its mines and higher gold prices.

IAG’s Market Performance

Iamgold Corp (IAG) has seen a -1.59% fall in stock performance for the week, with a 5.08% gain in the past month and a 9.84% surge in the past quarter. The volatility ratio for the week is 5.54%, and the volatility levels for the past 30 days are at 4.11% for IAG. The simple moving average for the last 20 days is 4.34% for IAG’s stock, with a simple moving average of 19.89% for the last 200 days.

IAG Trading at 3.56% 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 -12.40% of loss for the given period.

Volatility was left at 4.11%, however, over the last 30 days, the volatility rate increased by 5.54%, as shares surge +5.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.48% upper at present.

During the last 5 trading sessions, IAG fell by -1.59%, which changed the moving average for the period of 200-days by +54.14% in comparison to the 20-day moving average, which settled at $5.35. In addition, Iamgold Corp saw 8.14% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for IAG

Current profitability levels for the company are sitting at:

  • 0.57 for the present operating margin
  • 0.3 for the gross margin

The net margin for Iamgold Corp stands at 0.49. The total capital return value is set at 0.19. Equity return is now at value 26.44, with 14.39 for asset returns.

Based on Iamgold Corp (IAG), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.41. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 36.52.

Currently, EBITDA for the company is 315.4 million with net debt to EBITDA at 0.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.43. The receivables turnover for the company is 64.34for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.

Conclusion

To put it simply, Iamgold Corp (IAG) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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