13-May-2024
Stifel Nicolaus Remains a Hold on IAMGOLD (IAG)
TipRanks (Mon, 13-May 12:35 PM ET)
OPEC supply in focus with oil prices still under pressure
Seeking Alpha News (Fri, 10-May 8:25 PM ET)
IAG, SLI and TSE are among materials movers
Seeking Alpha News (Fri, 10-May 2:12 PM ET)
IAMGOLD: A Strong Buy on Robust Q1 Performance and Promising 2024 Outlook
TipRanks (Fri, 10-May 8:29 AM ET)
TipRanks (Fri, 10-May 8:11 AM ET)
Analysts’ Top Materials Picks: IAMGOLD (IAG), Nutrien (NTR)
TipRanks (Fri, 10-May 7:30 AM ET)
IAMGOLD Boasts Strong Q1 Results and Côté Milestone
TipRanks (Fri, 10-May 7:30 AM ET)
IAMGOLD’s Strong Start in Q1 2024
TipRanks (Thu, 9-May 6:38 PM ET)
IAMGOLD Exhibits Strong Q1 Results in 2024
TipRanks (Thu, 9-May 6:27 PM ET)
IAMGOLD Non-GAAP EPS of $0.11 beats by $0.08, revenue of $338.9M beats by $49.58M
Seeking Alpha News (Thu, 9-May 5:59 PM ET)
Iamgold Corp is a mid-tier gold mining company. The company operating gold mines are divided into geographic segments such as Burkina Faso - Essakane mine, Canada - Doyon division, including Westwood mine. The company's s non-gold mine segments are the Cote Gold project, Exploration and evaluation and development, and Corporate - which includes royalty interests. The company generates the majority of its revenue from the Burkina Faso segment.
Iamgold trades on the NYSE stock market under the symbol IAG.
As of May 13, 2024, IAG stock price declined to $4.21 with 11,157,985 million shares trading.
IAG has a beta of 1.07, meaning it tends to be more sensitive to market movements. IAG has a correlation of 0.05 to the broad based SPY ETF.
IAG has a market cap of $2.09 billion. This is considered a Mid Cap stock.
Last quarter Iamgold reported $339 million in Revenue and $.11 earnings per share. This beat revenue expectation by $72 million and exceeded earnings estimates by $.09.
In the last 3 years, IAG stock traded as high as $4.35 and as low as $.92.
The top ETF exchange traded funds that IAG belongs to (by Net Assets): GDX, GDXJ, DISV, DFIC, DFIS.
IAG stock has underperformed the market in the last year with a return of +27.6%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IAG shares. However, IAG has outperformed the market in the last 3 month and 2 week periods, returning +71.8% and +11.4%, while SPY returned +4.3% and +2.5%, respectively. This indicates IAG has been having a stronger performance recently.
IAG support price is $4.15 and resistance is $4.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IAG stock will trade within this expected range on the day.