Iamgold Corp (NYSE:IAG)’s traded shares stood at 19.42 million during the last session, with the company’s beta value hitting 1.16. At the close of trading, the stock’s price was $7.54, to imply an increase of 3.15% or $0.23 in intraday trading. The IAG share’s 52-week high remains $8.38, putting it -11.14% down since that peak but still an impressive 54.38% since price per share fell to its 52-week low of $3.44. The company has a valuation of $4.34B, with an average of 20.71 million shares in intraday trading volume over the past 10 days and average of 15.73 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Iamgold Corp (IAG), translating to a mean rating of 2.00. Of 14 analyst(s) looking at the stock, 0 analyst(s) give IAG a Sell rating. 0 of those analysts rate the stock as Overweight while 9 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.16.
Iamgold Corp (NYSE:IAG) trade information
After registering a 3.15% upside in the last session, Iamgold Corp (IAG) has traded red over the past five days. The 5-day price performance for the stock is -1.82%, and 19.12% over 30 days. With these gigs, the year-to-date price performance is 46.12%. Short interest in Iamgold Corp (NYSE:IAG) saw shorts transact 10.02 million shares and set a 0.73 days time to cover.
The extremes give us $8 and $8.4 for target low and target high price respectively. As such, IAG has been trading -11.41% off suggested target high and -6.1% from its likely low.
Iamgold Corp (IAG) estimates and forecasts
The rating firms project that company’s revenue will grow 49.02% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 524M.
IAG Dividends
Iamgold Corp has its next earnings report out on 2025-May-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 2.05%.
Iamgold Corp (NYSE:IAG)’s Major holders
Iamgold Corp insiders hold 0.14% of total outstanding shares, with institutional holders owning 73.40% of the shares at 73.50% float percentage. In total, 73.40% institutions holds shares in the company, led by VAN ECK ASSOCIATES CORP. As of 2024-06-30, the company held over 48.63 million shares (or 9.2553% of shares), all amounting to roughly $182.36 million.
The next major institution holding the largest number of shares is DONALD SMITH & CO., INC. with 34.89 million shares, or about 6.6408% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $130.84 million.
We also have VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF as the top two Mutual Funds with the largest holdings of the Iamgold Corp (IAG) shares. Going by data provided on Apr 30, 2025 , VanEck ETF Trust-VanEck Gold Miners ETF holds roughly 19.47 shares. This is just over 3.39% of the total shares, with a market valuation of $146.79 million. Data from the same date shows that the other fund manager holds a little less at 17.71, or 3.08% of the shares, all valued at about 133.51 million.
