Do You Have IAMGOLD Corp. (NYSE:IAG) In Your Portfolio?


IAMGOLD Corp. (NYSE:IAG) closed its last session at $6.14. The stock traded within a range of $5.58 and $6.19. The company operates in the Basic Materials sector with a market capitalization of 2.93 Million. Trading volume for IAMGOLD Corp. was 7.39 Million in its previous trading session. Currently, IAMGOLD Corp. (NYSE:IAG) has an average volume of 4.34 Million.

Company Profile

IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine. Both are located in Mali, West Africa. Measured and indicated resources at Sadiola and Yatela are 5.5 million ounces of gold (including reserves of 5.2 million ounces). Inferred resources are 5.9 million ounces. IAMGOLD is actively exploring highly prospective ground in Africa and South America.

Analyst Views

IAMGOLD Corp. (NYSE:IAG) received a Buy rating from 5 analysts. 1 analysts gave its stock an Outperform rating. 6 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

IAMGOLD Corp. (NYSE:IAG) touched its 1-Year High price of $7.25 on 09/08/17 and its 1-Year Low price of $3.36 on 03/15/17.

EPS & Financials

IAMGOLD Corp. (NYSE:IAG) reported its EPS in the last quarter as $0.07/Share beating the analyst estimate of $0.01/Share by a difference of $0.06. This showed a surprise of 600% in the last quarter earnings.

For the current quarter, 10 analysts are projecting a mean EPS of $0.01/share. According to their observations and findings, the stock could provide a high EPS of $0.04/share and a low EPS of $-0.07/share.

Analysts believe that the company has the potential to earn average revenue of $276.78 Million for the current quarter. According to their predictions high & low revenue estimates are 304.74 Million and 252 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. IAMGOLD Corp. (NYSE:IAG) has a 20-Day average volume of 4.82 Million. According to today’s trading volume IAMGOLD Corp. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 1.7 Percent and Institutional ownership of 76.8 Percent. The return on assets stands at 13.6%, Return on Equity currently is 20.5% and the Return on Investment value is 0.1%.

IAMGOLD Corp. (NYSE:IAG) gross margin percentage stands at 12.4% while its operating margin for the past trailing twelve month is 52.9 percent and its overall profit margin (ttm) is 48.7 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 5.29% with a 50-Day Simple Moving Average of 7.24 percent. As of today, the company has a SMA200 (200-day simple moving average) of 11.21 Percent. The Stock has YTD (year to date) performance of 5.32 percent.

The TTM operating margin for the company stands at 52.9%. The return on invested capital is at 0.1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 10.11.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 11.21%, and has a solid year to date (YTD) performance of 5.32% which means that the stock is constantly adding to its value from the previous fiscal year end price.