Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Iamgold Corp. (NYSE: IAG) closed the day trading at $4.87 up 3.18% from the previous closing price of $4.72. In other words, the price has increased by $3.18 from its previous closing price. On the day, 13.34 million shares were traded. IAG stock price reached its highest trading level at $4.92 during the session, while it also had its lowest trading level at $4.63.
Ratios:
For a better understanding of IAG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.35.
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 2777361152 and an Enterprise Value of 3263461120. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.54, and their Forward P/E ratio for the next fiscal year is 7.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 2.619 whereas that against EBITDA is 10.918.
Stock Price History:
Over the past 52 weeks, IAG has reached a high of $4.78, while it has fallen to a 52-week low of $1.99. The 50-Day Moving Average of the stock is 25.05%, while the 200-Day Moving Average is calculated to be 53.21%.
Shares Statistics:
Over the past 3-months, IAG traded about 9.67M shares per day on average, while over the past 10 days, IAG traded about 11328310 shares per day. 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 59.72% stake in the company. Shares short for IAG as of 1722384000 were 5417472 with a Short Ratio of 0.39, compared to 1719532800 on 3560333.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.05.
