Iamgold Corp (NYSE: IAG): Are We Watching A Disaster Or Are We Buying A Gold Mine?

In today’s recent session, 4.51 million shares of the Iamgold Corp (NYSE:IAG) have been traded, and its beta is 1.20. Most recently the company’s share price was $6.99, and it changed around -$0.37 or -4.96% from the last close, which brings the market valuation of the company to $4.02B. IAG at last check was trading at a discount to its 52-week high of $8.38, offering almost -19.89% off that amount. The share price’s 52-week low was $3.44, which indicates that the recent value has risen by an impressive 50.79% since then.

Iamgold Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.73. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 3 recommended IAG as a Hold, whereas 4 deemed it a Buy, and 1 rated it as Underweight.

Iamgold Corp (NYSE:IAG) trade information

Instantly IAG has been showing red trend so far today with a performance of -4.96% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.40 on recent trading dayincreased the stock’s daily price by 5.54%. The company’s shares are currently up 35.56% year-to-date, but still down -1.20% over the last five days. On the other hand, Iamgold Corp (NYSE:IAG) is 23.37% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $8.2, which translates to bulls needing to increase their stock price by 14.76% from its current value. Analyst projections state that IAG is forecast to be at a low of $8 and a high of $8.4.

Iamgold Corp earnings are expected to increase by 38.91% in 2025, but the outlook is positive 19.11% per year for the next five years.

IAG Dividends

Iamgold Corp’s next quarterly earnings report is expected to be released in June.

DONALD SMITH & CO., INC., with 6.6408% or 34.89 million shares worth $130.84 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 20.55 shares worth $142.52 million, making up 3.57% of all outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held roughly 18.71 shares worth around $129.74 million, which represents about 3.25% of the total shares outstanding.