Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Iamgold Corp. (NYSE: IAG) closed at $3.78 up 1.89% from its previous closing price of $3.71. In other words, the price has increased by $1.89 from its previous closing price. On the day, 4.53 million shares were traded. IAG stock price reached its highest trading level at $3.8 during the session, while it also had its lowest trading level at $3.695.
Ratios:
For a deeper understanding of Iamgold Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.19. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on September 12, 2023, Upgraded its rating to Sector Perform and sets its target price to $2.75 from $1.75 previously.
On May 01, 2023, BMO Capital Markets Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation 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 1883407616 and an Enterprise Value of 2508908032. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.41, and their Forward P/E ratio for the next fiscal year is 8.64. 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 1.89 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 2.542 whereas that against EBITDA is 28.51.
Stock Price History:
Over the past 52 weeks, IAG has reached a high of $3.92, while it has fallen to a 52-week low of $1.99. The 50-Day Moving Average of the stock is 19.30%, while the 200-Day Moving Average is calculated to be 44.89%.
Shares Statistics:
For the past three months, IAG has traded an average of 9.47M shares per day and 11190730 over the past ten days. A total of 493.60M shares are outstanding, with a floating share count of 492.29M. Insiders hold about 0.27% of the company’s shares, while institutions hold 58.24% stake in the company. Shares short for IAG as of 1713139200 were 6003821 with a Short Ratio of 0.63, compared to 1710460800 on 8868092.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.05.
