IAMGOLD Corporation (IAG) is priced at $3.41 after the most recent trading session. At the very opening of the session, the stock price was $3.40 and reached a high price of $3.42, prior to closing the session it reached the value of $3.39. The stock touched a low price of $3.34.
Recently in News on January 4, 2021, IAMGOLD Adopts Board Renewal Guidelines and Announces Board Changes. Toronto, Ontario–(Newsfile Corp. – January 4, 2021) – IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) (“IAMGOLD” or the “Company”) announces that the Company has adopted new governance guidelines with respect to board renewal to reflect evolving governance best practices. The guidelines provide that: the average Board tenure should not exceed ten years, no director should chair a standing committee of the Board for more than ten years and no director should be the Board Chair for more than ten years. The new guidelines are being implemented immediately, thereby ensuring new and diverse perspectives and ideas of its members on an ongoing basis, while also ensuring continuity and orderly and ongoing board succession. You can read further details here
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IAMGOLD Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.95 on 01/05/21, with the lowest value was $3.34 for the same time period, recorded on 01/12/21.
IAMGOLD Corporation (IAG) full year performance was 3.65%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, IAMGOLD Corporation shares are logging -36.26% during the 52-week period from high price, and 136.81% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.44 and $5.35.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 5849470 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the IAMGOLD Corporation (IAG) recorded performance in the market was -7.08%, having the revenues showcasing -18.03% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.72B, as it employees total of 4832 workers.
Specialists analysis on IAMGOLD Corporation (IAG)
During the last month, 4 analysts gave the IAMGOLD Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.79, with a change in the price was noted -0.83. In a similar fashion, IAMGOLD Corporation posted a movement of -19.58% for the period of last 100 days, recording 4,637,193 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for IAG is recording 0.23 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.22.
Trends and Technical analysis: IAMGOLD Corporation (IAG)
Raw Stochastic average of IAMGOLD Corporation in the period of last 50 days is set at 26.25%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.48%. In the last 20 days, the company’s Stochastic %K was 25.87% and its Stochastic %D was recorded 35.53%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -7.08%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -23.71%, alongside a boost of 3.65% for the period of the last 12 months. The shares increased approximately by -9.55% in the 7-day charts and went down by -4.48% in the period of the last 30 days. Common stock shares were lifted by -18.03% during last recorded quarter.