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As of close of business last night, Iamgold Corp.’s stock clocked out at $4.54, down -9.92% from its previous closing price of $5.04. In other words, the price has decreased by -$9.92 from its previous closing price. On the day, 25.26 million shares were traded. IAG stock price reached its highest trading level at $4.87 during the session, while it also had its lowest trading level at $4.52.
Ratios:
To gain a deeper understanding of IAG’s stock, we examine 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 2593334272 and an Enterprise Value of 3075261952. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.22, and their Forward P/E ratio for the next fiscal year is 6.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 2.468 whereas that against EBITDA is 10.289.
Stock Price History:
Over the past 52 weeks, IAG has reached a high of $5.60, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -6.82%, while the 200-Day Moving Average is calculated to be 22.76%.
Shares Statistics:
It appears that IAG traded 9.22M shares on average per day over the past three months and 10100240 shares per day over the past ten days. A total of 570.30M shares are outstanding, with a floating share count of 568.93M. Insiders hold about 0.24% of the company’s shares, while institutions hold 54.27% stake in the company. Shares short for IAG as of 1726185600 were 4539130 with a Short Ratio of 0.49, compared to 1723680000 on 4319540.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.05.
