Iamgold Corp [NYSE: IAG] plunged by -$0.59 during the normal trading session on while it closed the day at $5.72.
Iamgold Corp stock has also loss -12.54% of its value over the past 7 days. However, IAG stock has inclined by 7.92% in the 3 months of the year. Over the past six months meanwhile, it has gained 10.64% and gained 10.85% year-on date.
The market cap for IAG stock reached $3.27 billion, with 571.40 million shares outstanding and 548.79 million shares in the current float. Compared to the average trading volume of 9.55M shares, IAG reached a trading volume of 18239464 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Iamgold Corp [IAG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IAG shares is $7.98 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IAG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
CIBC have made an estimate for Iamgold Corp shares, keeping their opinion on the stock as Sector Outperform, with their previous recommendation back on December 02, 2024. The new note on the price target was released on December 02, 2024, representing the official price target for Iamgold Corp stock.
The Average True Range (ATR) for Iamgold Corp is set at 0.28, with the Price to Sales ratio for IAG stock in the period of the last 12 months amounting to 1.96. The Price to Book ratio for the last quarter was 0.98, with the Price to Cash per share for the same quarter was set at 0.61.
IAG stock trade performance evaluation
Iamgold Corp [IAG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.54. With this latest performance, IAG shares gained by 0.53% in over the last four-week period, additionally plugging by 10.64% over the last 6 months – not to mention a rise of 122.57% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IAG stock in for the last two-week period is set at 40.59, with the RSI for the last a single of trading hit 32.16, and the three-weeks RSI is set at 45.34 for Iamgold Corp [IAG]. The present Moving Average for the last 50 days of trading for this stock 5.76, while it was recorded at 6.19 for the last single week of trading, and 4.95 for the last 200 days.
Iamgold Corp [IAG]: An insightful look at the core fundamentals
Iamgold Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.72 and a Current Ratio set at 1.21.
Earnings per share (EPS) analysis for Iamgold Corp [IAG] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IAG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Iamgold Corp go to -5.29%.
Iamgold Corp [IAG]: Institutional Ownership
The top three institutional holders of IAG stocks are: VAN ECK ASSOCIATES CORP with ownership of 48.63 million shares, which is approximately 9.2553%. DONALD SMITH & CO., INC., holding 34.89 million shares of the stock with an approximate value of $$130.84 million in IAG stocks shares; and DONALD SMITH & CO., INC., currently with $$77.57 million in IAG stock with ownership which is approximately 4.2273%.
