Iamgold Corp (NYSE:IAG) shares, rose in value on Wednesday, June 18, with the stock price down by -3.58% to the previous day’s close as strong demand from buyers drove the stock to $7.27.
Actively observing the price movement in the last trading, the stock closed the session at $7.54, falling within a range of $7.235 and $7.5998. The value of beta (5-year monthly) was 1.225 whereas the PE ratio was 5.17 over 12-month period. Referring to stock’s 52-week performance, its high was $8.38, and the low was $3.44. On the whole, IAG has fluctuated by 13.59% over the past month.
With the market capitalization of Iamgold Corp currently standing at about $4.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-06.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IAG’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.25, with the price of IAG currently trading nearly 0.64% and 3.07% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.10, while the 7-day volatility ratio is showing 2.31% which for the 30-day chart, stands at 2.98%. Furthermore, Iamgold Corp (IAG)’s beta value is 1.16, and its average true range (ATR) is 0.30.
A comparison of Iamgold Corp (IAG) with its peers suggests the former has fared considerably weaker in the market. IAG showed an intraday change of -3.58% in last session, and over the past year, it grew by 100.83%%.
Data on historical trading for Iamgold Corp (NYSE:IAG) indicates that the trading volumes over the past 10 days have averaged 20.66 and over the past 3 months, they’ve averaged 16.13 million. According to company’s latest data on outstanding shares, there are 575.00 million shares outstanding.
Nearly 3.06% of Iamgold Corp’s shares belong to company insiders and institutional investors own 60.77% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.02 million shares as on 2025-05-30, resulting in a short ratio of 0.73. The stock has risen by 40.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IAG stock heading into the next quarter.
