Gold has been outperforming the stock market in 2024. Bullion has jumped 21.3% so far in 2024 compared with the 17.6% growth of the S&P 500. Gold usually rallies when assets that pay a yield become less attractive. Higher interest rates increase the burden on holding gold, because it does not pay a yield. Thus, when interest rates come down and mega-cap growth stocks like tech seem far more lucrative over the safety valve of the bond market, the gold market gets a boost. With an almost inevitable September ...

Have you been paying attention to shares of Iamgold (IAG) ? Shares have been on the move with the stock up 14.6% over the past month. The stock hit a new 52-week high of $4.78 in the previous session. Iamgold has gained 86.6% since the start of the year compared to the -7.1% move for the Zacks Basic Materials sector and the 23.3% return for the Zacks Mining - Gold industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consen ...

IAMGOLD Corporation (NYSE:IAG) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Graeme Jennings - Vice President, Investor Relations Renaud Adams - President, Chief Executive Officer Maarten Theunissen - Chief Financial Officer Bruno Lemelin - Chief Operating Officer Conference Call Participants Anita Soni - CIBC World Markets Wayne Lam - RBC Mike Parkin - National Bank Financial Carey MacRury - Canaccord Genuity Steven Green - TD Securities Tanya Jakusconek - Scotiabank Opera ...

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. TSX: IMG NYSE: IAG NEWS RELEASE IAMGOLD REPORTS SECOND QUARTER 2024 RESULTS Toronto, Ontario, August 8, 2024 - IAMGOLD Corporation (NYSE:IAG, TSX:IMG) ("IAMGOLD" or the "Company") today reported its financial and operating results for the second quarter ended June 30, 2024. "We are very proud of our achievements during the first half of the year at IAMGOLD," said Renaud Adams, President and Chief Executive Officer of IAMGOLD. "E ...

. ● . ● IAMGOLD Reports Second Quarter 2024 Results August 08, 2024 6:55 PM EDT | Source: IAMGOLD Corporation All monetary amounts are expressed in U.S. dollars, unless otherwise indicated. Toronto, Ontario--(Newsfile Corp. - August 8, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") today reported its financial and operating results for the second quarter ended June 30, 2024. "We are very proud of our achievements during the first half of the year at IAMGOLD," said Renaud Ada ...

In mid-July, the S&P 500 index touched highs of 5669. From those all-time highs, the index has already corrected by 8%. Macroeconomic and currency factors in Japan unexpectedly triggered a sharp correction quickly. There is a sense of caution, which has translated into lower speculative activity. However, even if we leave out meme ideas, some stocks can double within the next six months. This column focuses on three fundamentally strong ideas that are positioned for a big rally. An important point is that i ...

● ● ● IAMGOLD Announces Commercial Production at Côté Gold August 02, 2024 7:00 AM EDT | Source: IAMGOLD Corporation Toronto, Ontario--(Newsfile Corp. - August 2, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce that the Côté Gold Mine ("Côté Gold" or "Côté") has reached commercial production. Côté Gold is located in Ontario, Canada and is operated as a joint venture between IAMGOLD, as the operator, and Sumitomo Metal Mining Co., Ltd. ("Sumitomo"). Comm ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Air Europa will not join the IAG Group after owner of British Airways and Ibera abandoned the acquistion in the face of competition concerns by regulators. Airline giant IAG, owner of Spanish airline Iberia and British Airways, said Thursday it had dropped its bid to buy Spain's Air Europa due to the "current regulatory environme ...

Iamgold (IAG) closed at $3.95 in the latest trading session, marking a +0.77% move from the prior day. This move outpaced the S&P 500's daily gain of 0.08%. Meanwhile, the Dow lost 0.12%, and the Nasdaq, a techheavy index, added 0.07%. The investment community will be closely monitoring the performance of Iamgold in its forthcoming earnings report. The company is scheduled to release its earnings on August 8, 2024. The company is predicted to post an EPS of $0.09, indicating a 1000% growth compared to the e ...

These are just a handful of the figures considered in Iamgold's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that IAG is an impressive value stock right now. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades f ...