Ratios Reveal: Breaking Down Iamgold Corp. (IAG)’s Financial Health

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 9.99 million shares were traded. IAG stock price reached its highest trading level at $4.11 during the session, while it also had its lowest trading level at $4.04.

Ratios:

For a better understanding of IAG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 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 2316965632 and an Enterprise Value of 2743282944. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.47, and their Forward P/E ratio for the next fiscal year is 7.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 2.494 whereas that against EBITDA is 16.271.

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 4.94%, while the 200-Day Moving Average is calculated to be 37.88%.

Shares Statistics:

Over the past 3-months, IAG traded about 9.60M shares per day on average, while over the past 10 days, IAG traded about 6606970 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 55.40% stake in the company. Shares short for IAG as of 1718323200 were 8305077 with a Short Ratio of 0.86, compared to 1715731200 on 8082358.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.05.

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