Let’s Jump Into The Iamgold Corp. (NYSE: IAG) Stock Forecast

In the last trading session, 17.18 million Iamgold Corp. (NYSE:IAG) shares changed hands as the company’s beta touched 1.70. With the company’s per share price at $3.57 changed hands at -$0.04 or -1.11% during last session, the market valuation stood at $1.76B. IAG’s last price was a discount, traded about -9.8% off its 52-week high of $3.92. The share price had its 52-week low at $1.99, which suggests the last value was 44.26% up since then. When we look at Iamgold Corp.’s average trading volume, we note the 3-month average coming to 9.03 million.

Iamgold Corp. (NYSE:IAG) trade information

Instantly IAG was in red as seen at the end of in last trading. With action -0.83%, the performance over the past five days has been red. The drop to weekly highs of 3.92 subtracted -1.11% to the stock’s daily price. The company’s shares are showing year-to-date upside of 41.11%, with the 5-day performance at -0.83% in the red. However, in the 30-day time frame, Iamgold Corp. (NYSE:IAG) is 16.29% up.

Iamgold Corp. (IAG) estimates and forecasts

Data shows that the Iamgold Corp. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 65.28% over the past 6 months, a -22.22% in annual growth rate that is considerably lower than the industry average of 2.50%.

The 2024 estimates are for Iamgold Corp. earnings to increase by 13.42%, but the outlook for the next 5-year period is at 40.30% per year.