During the last session, Iamgold Corp. (NYSE:IAG)’s traded shares were 10.66 million, with the beta value of the company hitting 1.69. At the end of the trading day, the stock’s price was $3.71, reflecting an intraday gain of 3.06% or $0.11. The 52-week high for the IAG share is $3.92, that puts it down -5.66 from that peak though still a striking 46.36% gain since the share price plummeted to a 52-week low of $1.99. The company’s market capitalization is $1.83B, and the average trade volume was 9.41 million shares over the past three months.
Iamgold Corp. (NYSE:IAG) trade information
Iamgold Corp. (IAG) registered a 3.06% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.06% in intraday trading to $3.71, hitting a weekly high. The stock’s 5-day price performance is 1.92%, and it has moved by 20.06% in 30 days. Based on these gigs, the overall price performance for the year is 29.72%.
Iamgold Corp. (IAG) estimates and forecasts
Statistics show that Iamgold Corp. has outperformed its competitors in share price, compared to the industry in which it operates. Iamgold Corp. (IAG) shares have gone up 52.05% during the last six months, with a year-to-date growth rate more than the industry average at 11.11% against 6.50. In the rating firms’ projections, revenue will increase 36.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 267.16M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 405.14M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 200.6M and 238.8M respectively. In this case, analysts expect current quarter sales to grow by 33.20% and then jump by 69.70% in the coming quarter.
While earnings are projected to return 106.72% in 2024, the next five years will return 40.30% per annum.
IAG Dividends
Iamgold Corp. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
