It is Poised to be a Bull Market for Iamgold Corp (IAG)

With 11.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.8 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $6.3 whereas the lowest price it dropped to was $6.005. The 52-week range on IAG shows that it touched its highest point at $6.69 and its lowest point at $3.44 during that stretch. It currently has a 1-year price target of $7.85. IAG paid its most recent dividend on 1372636800, while the ex-dividend date for that was 1372636800. Beta for the stock currently stands at 1.51.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IAG was up-trending over the past week, with a rise of 5.22%, but this was up by 13.22% over a month. Three-month performance surged to 20.19% while six-month performance rose 13.22%. The stock gained 95.92% in the past year, while it has gained 21.12% so far this year. A look at the trailing 12-month EPS for IAG yields 1.45 with Next year EPS estimates of 0.89. For the next quarter, that number is 0.13. This implies an EPS growth rate of 20.47% for this year and 37.04% for next year.

Float and Shares Shorts:

At present, 571.40 million IAG shares are outstanding with a float of 552.08 million shares on hand for trading. On 2025-03-14, short shares totaled 9.72 million, which was 170.00000000000003 higher than short shares on 1739491200. In addition to Mr. Renaud Adams P.Eng. as the firm’s CEO, President & Director, Mr. Marthinus Wilhelmus Theunissen serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.70593 of IAG’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, IAG reported revenue of $469900000.0 and operating income of $153000000.0. The EBITDA in the recently reported quarter was $234900000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IAG since 14 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 9 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With IAG analysts setting a high price target of 8.4 and a low target of 6.5, the average target price over the next 12 months is 7.48. Based on these targets, IAG could surge 34.4% to reach the target high and rise by 4.0% to reach the target low. Reaching the average price target will result in a growth of 19.68% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.62547 being high and $0.50819 being low. For IAG, this leads to a yearly average estimate of $0.56683.