A new trading day began on Monday, with Iamgold Corp (NYSE: IAG) stock price down -8.26% from the previous day of trading, before settling in for the closing price of $5.69. IAG’s price has ranged from $2.11 to $6.37 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales slided by -0.91%. Meanwhile, its annual earnings per share averaged 486.33%. With a float of $568.93 million, this company’s outstanding shares have now reached $570.30 million.
The extent of productivity of a business whose workforce counts for 4341 workers is very important to gauge. In terms of profitability, gross margin is 22.99%, operating margin of 18.27%, and the pretax margin is 17.02%.
Iamgold Corp (IAG) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Iamgold Corp is 0.24%, while institutional ownership is 52.37%.
Iamgold Corp (IAG) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.06 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 486.33% per share during the next fiscal year.
Iamgold Corp (NYSE: IAG) Trading Performance Indicators
Here are Iamgold Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.28, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.78 in one year’s time.
Technical Analysis of Iamgold Corp (IAG)
The latest stats from [Iamgold Corp, IAG] show that its last 5-days average volume of 9.33 million was superior to 9.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.76%. Additionally, its Average True Range was 0.30.
During the past 100 days, Iamgold Corp’s (IAG) raw stochastic average was set at 60.75%, which indicates a significant increase from 20.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.91% in the past 14 days, which was lower than the 58.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.29, while its 200-day Moving Average is $4.07. Now, the first resistance to watch is $5.43. This is followed by the second major resistance level at $5.65. The third major resistance level sits at $5.84. If the price goes on to break the first support level at $5.02, it is likely to go to the next support level at $4.83. Assuming the price breaks the second support level, the third support level stands at $4.61.
Iamgold Corp (NYSE: IAG) Key Stats
With a market capitalization of 4.42 billion, the company has a total of 571,091K Shares Outstanding. Currently, annual sales are 987,100 K while annual income is 94,300 K. The company’s previous quarter sales were 385,300 K while its latest quarter income was 84,500 K.
