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The closing price of Iamgold Corp. (NYSE: IAG) was $3.58 for the day, down -4.79% from the previous closing price of $3.76. In other words, the price has decreased by -$4.79 from its previous closing price. On the day, 8.78 million shares were traded. IAG stock price reached its highest trading level at $3.85 during the session, while it also had its lowest trading level at $3.57.
Ratios:
Our analysis of IAG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.41.
On September 12, 2023, RBC Capital Mkts Upgraded its rating to Sector Perform which previously was Underperform and also upped its target price recommendation from $1.75 to $2.75.
BMO Capital Markets Upgraded its Market Perform to Outperform on May 01, 2023, whereas the target price for the stock was revised from $2 to $3.25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IAG now has a Market Capitalization of 2038018688 and an Enterprise Value of 2499802112. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.73, and their Forward P/E ratio for the next fiscal year is 5.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 2.273 whereas that against EBITDA is 14.827.
Stock Price History:
Over the past 52 weeks, IAG has reached a high of $4.59, while it has fallen to a 52-week low of $1.99. The 50-Day Moving Average of the stock is -8.00%, while the 200-Day Moving Average is calculated to be 13.82%.
Shares Statistics:
IAG traded an average of 9.51M shares per day over the past three months and 9324730 shares per day over the past ten days. A total of 497.28M shares are outstanding, with a floating share count of 495.90M. Insiders hold about 0.28% of the company’s shares, while institutions hold 58.76% stake in the company. Shares short for IAG as of 1721001600 were 3786120 with a Short Ratio of 0.40, compared to 1718323200 on 8305077.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.05.
