Iamgold Corp experienced a somewhat steady performance in the stock market.
52-week price history of IAG Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Iamgold Corp’s current trading price is -11.22% away from its 52-week high, while its distance from the 52-week low is 116.28%. The stock’s price range during the 52-week period has remained between $3.44 and $8.38. In the Basic Materials sector, the company’s shares saw a trading volume of around 14.3 million for the day, which was evidently lower than the average daily volume of 14.73 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Iamgold Corp (IAG) has experienced a quarterly rise of 34.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.28B.
Making Sense of Trading Volume and Moving Average Data
Examining IAG’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for IAG stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.33.
IAG Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant gain of 44.19% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 38.55%. Over the past 30 days, the price of IAG has fallen by 9.57%. And in the last five days, it has surged by 10.55%.
