A share price of Iamgold Corp [IAG] is currently trading at $6.61, up 3.28%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IAG shares have gain 4.42% over the last week, with a monthly amount drifted -15.04%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, CIBC upgraded its rating to Sector Outperform on December 02, 2024. On December 02, 2024, downgrade downgraded it’s rating to Neutral. Canaccord Genuity upgraded its rating to a Buy. National Bank Financial upgraded its rating to a Outperform. In a note dated September 12, 2023, RBC Capital Mkts upgraded an Sector Perform rating on this stock and boosted its target price from $1.75 to $2.75.
Iamgold Corp experienced fluctuations in its stock price throughout the past year between $3.44 and $8.38. Currently, Wall Street analysts expect the stock to reach $8.2 within the next 12 months. Iamgold Corp [NYSE: IAG] shares were valued at $6.61 at the most recent close of the market. An investor can expect a potential return of 24.05% based on the average IAG price forecast.
Analyzing the IAG fundamentals
Trailing Twelve Months sales for Iamgold Corp [NYSE:IAG] were 1.80B which represents 40.78% growth. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.55%, Pretax Profit Margin comes in at 0.55%, and Net Profit Margin reading is 0.45%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.25 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Iamgold Corp [NYSE:IAG] is 1.41. In addition, the Quick Ratio stands at 0.83 and the Cash Ratio stands at 0.66. Considering the valuation of this stock, the price to sales ratio is 2.11, the price to book ratio is 1.12 and price to earnings (TTM) ratio is 4.70.
