Iamgold Corp (NYSE:IAG) has a beta value of 1.10 and has seen 3.08 million shares traded in the recent trading session. The company, currently valued at $4.06B, closed the recent trade at $7.06 per share which meant it gained $0.04 on the day or 0.57% during that session. The IAG stock price is -18.7% off its 52-week high price of $8.38 and 51.27% above the 52-week low of $3.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.51 million shares traded. The 3-month trading volume is 15.82 million shares.
The consensus among analysts is that Iamgold Corp (IAG) is Hold stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 9 out of 14 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.17.
Iamgold Corp (NYSE:IAG) trade information
Sporting 0.57% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the IAG stock price touched $7.06 or saw a rise of 2.22%. Year-to-date, Iamgold Corp shares have moved 67.70%, while the 5-day performance has seen it change 1.73%. Over the past 30 days, the shares of Iamgold Corp (NYSE:IAG) have changed -7.47%. Short interest in the company has seen 10.85 million shares shorted with days to cover at 0.9.
Wall Street analysts have a consensus price target for the stock at $8.2, which means that the shares’ value could jump 13.9% from the levels at last check today.. The projected low price target is $8.0 while the price target rests at a high of $8.4. In that case, then, we find that the latest price level in today’s session is -18.98% off the targeted high while a plunge would see the stock gain -13.31% from the levels at last check today..
Iamgold Corp (IAG) estimates and forecasts
The company’s shares have gained 29.07% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 52.95%.
1 analysts offering their estimates for the company have set an average revenue estimate of 663.21M for the current quarter. 1 have an estimated revenue figure of 739M for the next ending quarter. Year-ago sales stood 385.3M and 438.9M respectively for this quarter and the next, and analysts expect sales will grow by 72.13% for the current quarter and 52.95% for the next.
Earnings growth for 2025 is a modest 49.59% while over the next 5 years, the company’s earnings are expected to increase by 23.83%.
IAG Dividends
Iamgold Corp is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Iamgold Corp (NYSE:IAG)’s Major holders
Insiders own 0.14% of the company shares, while shares held by institutions stand at 73.50% with a share float percentage of 73.60%. Investors are also buoyed by the number of investors in a company, with Iamgold Corp having a total of 361.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 48.63 million shares worth more than $182.36 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 9.2553% of shares outstanding.
The other major institutional holder is DONALD SMITH & CO., INC., with the holding of over 34.89 million shares as of 2024-06-30. The firm’s total holdings are worth over $130.84 million and represent 6.6408% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF . As of May 31, 2025 , the former fund manager holds about 3.41% shares in the company for having 19.61 shares of worth $137.4 million while later fund manager owns 16.62 shares of worth $116.39 million as of May 31, 2025 , which makes it owner of about 2.89% of company’s outstanding stock.
