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The price of Iamgold Corp. (NYSE: IAG) closed at $4.12 in the last session, down -2.14% from day before closing price of $4.21. In other words, the price has decreased by -$2.14 from its previous closing price. On the day, 13.05 million shares were traded. IAG stock price reached its highest trading level at $4.24 during the session, while it also had its lowest trading level at $4.12.
Ratios:
We take a closer look at IAG’s different ratios to gain a better understanding of the stock. 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 2346875648 and an Enterprise Value of 2812848896. As of this moment, Iamgold’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.65, and their Forward P/E ratio for the next fiscal year is 7.30. 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 1.86 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 2.558 whereas that against EBITDA is 16.684.
Stock Price History:
The Beta on a monthly basis for IAG is 1.57, which has changed by 0.43686008 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. 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 5.23%, while the 200-Day Moving Average is calculated to be 37.82%.
Shares Statistics:
According to the various share statistics, IAG traded on average about 9.23M shares per day over the past 3-months and 7801830 shares per day over the past 10 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 55.39% stake in the company. Shares short for IAG as of 1719532800 were 8305077 with a Short Ratio of 0.90, compared to 1717113600 on 8520434.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.05.
