Should I buy or sell IAMGOLD stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IAMGOLD in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IAG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IAG, but not buy additional shares or sell existing shares. View IAG analyst ratings or view top-rated stocks .

What is IAMGOLD's stock price target for 2024?

7 brokers have issued 1 year price targets for IAMGOLD's shares. Their IAG share price targets range from $2.50 to $5.50. On average, they expect the company's share price to reach $3.55 in the next twelve months. This suggests that the stock has a possible downside of 3.0%. View analysts price targets for IAG or view top-rated stocks among Wall Street analysts .

How have IAG shares performed in 2024?

IAMGOLD's stock was trading at $2.53 on January 1st, 2024. Since then, IAG stock has increased by 44.7% and is now trading at $3.66. View the best growth stocks for 2024 here .

Are investors shorting IAMGOLD?

IAMGOLD saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 8,010,000 shares, a drop of 9.7% from the March 15th total of 8,870,000 shares. Based on an average trading volume of 8,450,000 shares, the short-interest ratio is presently 0.9 days. Currently, 1.6% of the company's shares are sold short. View IAMGOLD's Short Interest .

When is IAMGOLD's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our IAG earnings forecast .

How can I listen to IAMGOLD's earnings call?

IAMGOLD will be holding an earnings conference call on Friday, May 10th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 604-674-8052 with passcode "0811".

How were IAMGOLD's earnings last quarter?

IAMGOLD Co. (NYSE:IAG) issued its quarterly earnings data on Thursday, February, 15th. The mining company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.04. The mining company earned $297.60 million during the quarter. IAMGOLD had a trailing twelve-month return on equity of 1.97% and a net margin of 9.55%.

What ETFs hold IAMGOLD's stock?

ETFs with the largest weight of IAMGOLD (NYSE:IAG) stock in their portfolio include Schwab International Small-Cap Equity ETF (SCHC) . Vanguard FTSE All-World ex-US Small-Cap ETF (VSS) .

What is Peter Harmer's approval rating as IAMGOLD's CEO?

87 employees have rated IAMGOLD Chief Executive Officer Peter Harmer on Glassdoor.com . Peter Harmer has an approval rating of 84% among the company's employees.

What other stocks do shareholders of IAMGOLD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IAMGOLD investors own include IAMGOLD (IMG) , Mega Uranium (MGA) , Kinross Gold (KGC) , B2Gold (BTG) , Barrick Gold (GOLD) , Yamana Gold (AUY) , General Motors (GM) , Newmont (NEM) , Eldorado Gold (EGO) and First Majestic Silver (AG) .

Who are IAMGOLD's major shareholders?

IAMGOLD's stock is owned by a variety of retail and institutional investors. Top institutional investors include Helikon Investments Ltd (6.62%). View institutional ownership trends .

How do I buy shares of IAMGOLD?

Shares of IAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:IAG

IAMGOLD (IAG) Stock Price, News & Analysis

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Free IAG Stock Alerts

$3.66

+0.02 (+0.55%)

(As of 04/19/2024 ET)

Compare

Today's Range: $3.62
▼
$3.75
50-Day Range: $2.35
▼
$3.76
52-Week Range: $1.99
▼
$3.92

Volume: 7.99 million shs
Average Volume: 11.30 million shs
Market Capitalization: $1.82 billion

P/E Ratio: 19.26
Dividend Yield: N/A
Price Target: $3.55

Get IAMGOLD alerts:

IAMGOLD MarketRank™ Stock Analysis

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 3.0% Downside
$3.55 Price Target
Short Interest: Healthy
1.63% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.69
Based on 13 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 300.00%
From $0.07 to $0.28 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.40 out of 5 stars

Basic Materials Sector

108th out of 172 stocks

Gold & Silver Ores Industry

15th out of 38 stocks

1.1

Analyst's Opinion

Consensus Rating
IAMGOLD has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
IAMGOLD has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.63% of the float of IAMGOLD has been sold short.
Short Interest Ratio / Days to Cover
IAMGOLD has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in IAMGOLD has recently decreased by 9.70%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
IAMGOLD does not currently pay a dividend.
Dividend Growth
IAMGOLD does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IAG.

2.6

News and Social Media Coverage

News Sentiment
IAMGOLD has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for IAMGOLD this week, compared to 3 articles on an average week.
Search Interest
Only 20 people have searched for IAG on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added IAMGOLD to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, IAMGOLD insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.17% of the stock of IAMGOLD is held by insiders.
Percentage Held by Institutions
47.08% of the stock of IAMGOLD is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for IAMGOLD are expected to grow by 300.00% in the coming year, from $0.07 to $0.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of IAMGOLD is 19.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of IAMGOLD is 19.26, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 138.26.
Price to Earnings Growth Ratio
IAMGOLD has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
IAMGOLD has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About IAMGOLD Stock (NYSE:IAG)

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

IAG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

IAG Stock News Headlines

April 20, 2024 | americanbankingnews.com

IAMGOLD (NYSE:IAG) PT Raised to $3.75 at Scotiabank

April 20, 2024 | americanbankingnews.com

IAMGOLD Co. (NYSE:IAG) Given Average Rating of "Hold" by Analysts

April 20, 2024 | Crypto 101 Media (Ad)

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April 18, 2024 | wsj.com

IAMGOLD Corp.

April 18, 2024 | investorplace.com

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April 18, 2024 | americanbankingnews.com

StockNews.com Lowers IAMGOLD (NYSE:IAG) to Sell

April 17, 2024 | investorplace.com

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April 15, 2024 | edition.cnn.com

IAMGOLD Corporation

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April 14, 2024 | americanbankingnews.com

IAMGOLD (NYSE:IAG) Sees Unusually-High Trading Volume

April 13, 2024 | americanbankingnews.com

IAMGOLD (NYSE:IAG) Hits New 1-Year High at $3.84

April 12, 2024 | investorplace.com

3 High-Potential Penny Stocks to Turn $100,000 Into $1 Million: April 2024

April 11, 2024 | americanbankingnews.com

IAMGOLD (NYSE:IAG) Upgraded to Hold by StockNews.com

April 8, 2024 | nasdaq.com

IAG Quantitative Stock Analysis

March 30, 2024 | markets.businessinsider.com

IAMGOLD (IAG) Receives a Hold from RBC Capital

March 27, 2024 | investorplace.com

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:IAG
CUSIP: N/A
CIK: 1203464
Web: www.iamgold.com
Phone: (416) 360-4710
Fax: 416-360-4750
Employees: 4,341
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.55
High Stock Price Target: $5.50
Low Stock Price Target: $2.50
Potential Upside/Downside: -3.0%
Consensus Rating: Hold
Rating Score (0-4): 2.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.19
Trailing P/E Ratio: 19.26
Forward P/E Ratio: 52.29
P/E Growth: 1.26
Net Income: $94.30 million
Net Margins: 9.55%
Pretax Margin: 12.99%
Return on Equity: 1.97%
Return on Assets: 1.01%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 1.19
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: $987.10 million
Price / Sales: 1.84
Cash Flow: $0.55 per share
Price / Cash Flow: 6.61
Book Value: $4.70 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 496,630,000
Free Float: 495,790,000
Market Cap: $1.82 billion
Optionable: Optionable
Beta: 1.70

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Key Executives

Mr. Marthinus Wilhelmus Theunissen (Age 44)
Chief Financial Officer
Comp: $554.4k
Mr. Bruno Lemelin
Chief Operating Officer
Mr. Renaud Adams P.Eng. (Age 54)
CEO, President & Director
Mr. Graeme Douglas Jennings C.F.A.
Vice President of Investor Relations & Corporate Communications
Mr. Timothy R. Bradburn
Senior VP, General Counsel & Corporate Secretary
Ms. Dorena Quinn
Senior Vice President of People
Mr. Stephen Eddy
Senior VP of Business Development
Luc-Bernard Denoncourt Ing.
Project Director

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

IAG Stock Analysis - Frequently Asked Questions

Should I buy or sell IAMGOLD stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IAMGOLD in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" IAG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in IAG, but not buy additional shares or sell existing shares.
View IAG analyst ratings or view top-rated stocks.
What is IAMGOLD's stock price target for 2024?: 7 brokers have issued 1 year price targets for IAMGOLD's shares. Their IAG share price targets range from $2.50 to $5.50. On average, they expect the company's share price to reach $3.55 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts price targets for IAG or view top-rated stocks among Wall Street analysts.
How have IAG shares performed in 2024?: IAMGOLD's stock was trading at $2.53 on January 1st, 2024. Since then, IAG stock has increased by 44.7% and is now trading at $3.66.
View the best growth stocks for 2024 here.
Are investors shorting IAMGOLD?: IAMGOLD saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 8,010,000 shares, a drop of 9.7% from the March 15th total of 8,870,000 shares. Based on an average trading volume of 8,450,000 shares, the short-interest ratio is presently 0.9 days. Currently, 1.6% of the company's shares are sold short.
View IAMGOLD's Short Interest.
When is IAMGOLD's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our IAG earnings forecast.
How can I listen to IAMGOLD's earnings call?: IAMGOLD will be holding an earnings conference call on Friday, May 10th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 604-674-8052 with passcode "0811".

How were IAMGOLD's earnings last quarter?: IAMGOLD Co. (NYSE:IAG) issued its quarterly earnings data on Thursday, February, 15th. The mining company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.04. The mining company earned $297.60 million during the quarter. IAMGOLD had a trailing twelve-month return on equity of 1.97% and a net margin of 9.55%.
What ETFs hold IAMGOLD's stock?: ETFs with the largest weight of IAMGOLD (NYSE:IAG) stock in their portfolio include Schwab International Small-Cap Equity ETF (SCHC).Vanguard FTSE All-World ex-US Small-Cap ETF (VSS).
What is Peter Harmer's approval rating as IAMGOLD's CEO?: 87 employees have rated IAMGOLD Chief Executive Officer Peter Harmer on Glassdoor.com. Peter Harmer has an approval rating of 84% among the company's employees.
What other stocks do shareholders of IAMGOLD own?: Based on aggregate information from My MarketBeat watchlists, some companies that other IAMGOLD investors own include IAMGOLD (IMG), Mega Uranium (MGA), Kinross Gold (KGC), B2Gold (BTG), Barrick Gold (GOLD), Yamana Gold (AUY), General Motors (GM), Newmont (NEM), Eldorado Gold (EGO) and First Majestic Silver (AG).
Who are IAMGOLD's major shareholders?: IAMGOLD's stock is owned by a variety of retail and institutional investors. Top institutional investors include Helikon Investments Ltd (6.62%).
View institutional ownership trends.
How do I buy shares of IAMGOLD?: Shares of IAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:IAG) was last updated on 4/20/2024 by MarketBeat.com Staff

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IAMGOLD (IAG) Stock Price, News & Analysis

IAMGOLD MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About IAMGOLD Stock (NYSE:IAG)

IAG Stock Price History

IAG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

IAG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™