In the latest trading session,, 2.78 million Iamgold Corp (NYSE:IAG) shares changed hands as the company’s beta touched 1.14. With the company’s most recent per share price at $6.65 changing hands around $0.04 or 0.61% at last look, the market valuation stands at $3.82B. IAG’s current price is a discount, trading about -26.02% off its 52-week high of $8.38. The share price had its 52-week low at $3.44, which suggests the last value was 48.27% up since then.
Analysts gave the Iamgold Corp (IAG) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 9 recommended IAG as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Iamgold Corp’s EPS for the current quarter is expected to be 0.17.
Iamgold Corp (NYSE:IAG) trade information
Instantly IAG is in green as seen in intraday trades today. With action 8.66%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 28.88%, with the 5-day performance at 8.66% in the green. However, in the 30-day time frame, Iamgold Corp (NYSE:IAG) is -12.96% down.
The consensus price target for the stock as assigned by Wall Street analysts is 8.2, meaning bulls need an upside of 18.9% from its recent market value. According to analyst projections, IAG’s forecast low is 8 with 8.4 as the target high. To hit the forecast high, the stock’s price needs a -26.32% plunge from its current level, while the stock would need to soar -20.3% for it to hit the projected low.
Iamgold Corp (IAG) estimates and forecasts
Year-over-year growth is forecast to reach 43.85% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 524M. The company’s revenue for the corresponding quarters a year ago was 385.3M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 36.00%.
The 2025 estimates are for Iamgold Corp earnings to increase by 43.29%, but the outlook for the next 5-year period is at 20.85% per year.
IAG Dividends
Iamgold Corp is expected to release its next quarterly earnings report in June.
DONALD SMITH & CO., INC. holds the second largest percentage of outstanding shares, with 6.6408% or 34.89 million shares worth $130.84 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF . With 19.47 shares estimated at $129.56 million under it, the former controlled 3.39% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held about 3.08% of the shares, roughly 17.71 shares worth around $117.84 million.
