Iamgold Stock Today

IMG Stock  CAD 7.72  0.12  1.58%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
IAMGold is selling at 7.72 as of the 1st of December 2024; that is 1.58% increase since the beginning of the trading day. The stock's open price was 7.6. IAMGold has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for IAMGold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada. IAMGOLD CORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. The company has 571.2 M outstanding shares of which 9.89 M shares are currently shorted by private and institutional investors with about 5.64 days to cover all short positions. More on IAMGold

Moving together with IAMGold Stock

  0.74AG First Majestic SilverPairCorr

Moving against IAMGold Stock

  0.31INFM Infinico Metals CorpPairCorr

IAMGold Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IAMGold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IAMGold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEORenaud PEng
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
IAMGold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to IAMGold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
IAMGold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IAMGold's financial leverage. It provides some insight into what part of IAMGold's total assets is financed by creditors.
Liquidity
IAMGold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. IAMGold has accumulated 952.1 M in total debt with debt to equity ratio (D/E) of 0.2, which may suggest the company is not taking enough advantage from borrowing. IAMGold has a current ratio of 3.44, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist IAMGold until it has trouble settling it off, either with new capital or with free cash flow. So, IAMGold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like IAMGold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IAMGold to invest in growth at high rates of return. When we think about IAMGold's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(172.71 Million)
IAMGold (IMG) is traded on Toronto Exchange in Canada and employs 3,700 people. IAMGold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IAMGold's market, we take the total number of its shares issued and multiply it by IAMGold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. IAMGold operates under Metals & Mining sector and is part of Materials industry. The entity has 571.2 M outstanding shares of which 9.89 M shares are currently shorted by private and institutional investors with about 5.64 days to cover all short positions. IAMGold has accumulated about 0 in cash with 159.4 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.03.
Check IAMGold Probability Of Bankruptcy
Ownership Allocation
IAMGold has a total of 571.2 Million outstanding shares. Over half of IAMGold's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Thereupon, these institutions are subject to different rules and regulations than regular investors in IAMGold. Please watch out for any change in the institutional holdings of IAMGold as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check IAMGold Ownership Details

IAMGold Risk Profiles

Although IAMGold's alpha and beta are two of the key measurements used to evaluate IAMGold's performance over the market, the standard measures of volatility play an important role as well.

IAMGold Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in IAMGold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Cryptocurrency Center Now

   

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
All  Next Launch Module

IAMGold Corporate Management

Elected by the shareholders, the IAMGold's board of directors comprises two types of representatives: IAMGold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IAMGold. The board's role is to monitor IAMGold's management team and ensure that shareholders' interests are well served. IAMGold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IAMGold's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether IAMGold is a strong investment it is important to analyze IAMGold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Please note, there is a significant difference between IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.