Iamgold Corp. (NYSE:IAG) traded at $4.08 at close of the session on Tuesday, July 23, remained unchanged from its previous day’s price.
Looking at the stock we see that its previous close was $4.08 . The company has a trailing 12-month PE ratio of 14.51. In terms of its 52-week price range, IAG has a high of $4.59 and a low of $1.99. The company’s stock has gained about 10.27% over that past 30 days.
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Iamgold Corp. has a market cap of $2.03 billion.
Based on estimates by 13 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 8 have rated the Iamgold Corp. (IAG) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the IAG stock currently stands at 0.36, and the current price level is 3.07% off its SMA20 and 2.91% from its 50-day simple moving average. The RSI (14) is pointing at 55.20 while the volatility over the past week is 3.56% and jumps to 3.49% over the past one month. The beta value is 1.57, while the average true range (ATR) is currently pointing at 0.15. The average price target for the stock over the next 12 months is $3, with the estimates having a low of $1.65 and a high of $5. These price ends are 59.56% and -22.55% off the current price level respectively, although investors could be excited at the prospect of a 26.47% if the IAG share price touches on the median price of $3.
Coming back to Iamgold Corp. (NYSE:IAG), we note that the average 3-month trading volume was 9.23 million, while that of the preceding 10-day period stands at 11.01 million. Current shares outstanding are 497.28 million.
The insiders hold 0.28% of the company’s shares while institutions hold 54.39%. The data shows that short shares as of 2024-06-28, stood at 8.31 million at a short ratio of 0.42. Shares short fall in June from the previous month at 8.52 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 61.26% up in year-to-date price movement.
