IAMGOLD (IMG) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$7.87 to C$8.02
• 50-Day Range: C$6.19 to C$8.52
• 52-Week Range: C$2.87 to C$8.80
• Volume: 1.39 million shs
• Average Volume: 1.54 million shs
• Market Capitalization: C$4.56 billion
• P/E Ratio: 24.97
• Dividend Yield: 5.63%
• Price Target: C$7.29
• Consensus Rating: Buy

IAMGOLD Stock Analysis - MarketRank™

IAMGOLD scored higher than 37% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

IAMGOLD has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

IAMGOLD has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of IAMGOLD is 24.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.97.

Price to Earnings Ratio vs. Sector

The P/E ratio of IAMGOLD is 24.97, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 106.81.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for IAMGOLD, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

IAMGOLD has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for IMG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

IAMGOLD is a leading dividend payer. It pays a dividend yield of 5.63%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

IAMGOLD does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for IMG.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.26

News Sentiment

IAMGOLD has a news sentiment score of 0.26. 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 lower news sentiment than the 0.56 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for IAMGOLD this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for IMG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

6 people have added IAMGOLD to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, IAMGOLD insiders have bought 11.26% more of their company's stock than they have sold. Specifically, they have bought C$250,103.00 in company stock and sold C$224,787.00 in company stock.

Percentage Held by Insiders

Only 0.10% of the stock of IAMGOLD is held by insiders.

Percentage Held by Institutions

64.77% of the stock of IAMGOLD is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IMG Stock Analysis - Frequently Asked Questions

How have IMG shares performed this year?

IAMGOLD's stock was trading at C$3.34 on January 1st, 2024. Since then, IMG shares have increased by 139.2% and is now trading at C$7.99.
View the best growth stocks for 2024 here.

How were IAMGOLD's earnings last quarter?

IAMGOLD Co. (TSE:IMG) announced its quarterly earnings data on Thursday, August, 10th. The mining company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.01. The mining company earned $320.77 million during the quarter. IAMGOLD had a net margin of 10.36% and a trailing twelve-month return on equity of 5.86%.

How do I buy shares of IAMGOLD?

Shares of IMG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of IAMGOLD own?

Based on aggregate information from My MarketBeat watchlists, some other companies that IAMGOLD investors own include IAMGOLD (IAG), Mega Uranium (MGA), Kinross Gold (KGC), B2Gold (BTG), Whitecap Resources (WCP), Toronto-Dominion Bank (TD) and Yamana Gold (YRI).

Company Calendar

• Last Earnings: 8/10/2023
• Today: 11/23/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Precious Metals
• Current Symbol: TSE:IMG
• CUSIP: N/A
• CIK: N/A
• Web: www.iamgold.com
• Phone: +1-416-3604710
• Fax: N/A
• Employees: 5,360
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$7.29
• High Stock Price Target: C$12.00
• Low Stock Price Target: C$3.25
• Potential Upside/Downside: -8.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.32
• Trailing P/E Ratio: 24.97
• Forward P/E Ratio: 7.18
• P/E Growth: -0.28
• Net Income: C$129.10 million
• Net Margins: 10.36%
• Pretax Margin: N/A
• Return on Equity: 5.86%
• Return on Assets: 2.54%

Debt

• Debt-to-Equity Ratio: 35.17
• Current Ratio: 1.34
• Quick Ratio: 1.19

Sales & Book Value

• Annual Sales: C$1.25 billion
• Price / Sales: 3.65
• Cash Flow: C$3.20 per share
• Price / Cash Flow: 2.49
• Book Value: C$4.64 per share
• Price / Book: 1.72

Miscellaneous

• Outstanding Shares: 570,300,000
• Free Float: N/A
• Market Cap: C$4.56 billion
• Optionable: Not Optionable
• Beta: 1.47