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Iamgold (IAG) Stock Falls Amid Market Uptick: What Investors Need to Know
IAMGOLDIAMGOLD(US:IAG) ZACKSยท2025-04-22 23:20

Company Performance - Iamgold (IAG) closed at $7.64, down 1.8% from the previous trading day, underperforming the S&P 500's gain of 2.51% [1] - Over the past month, IAG shares have increased by 30.98%, while the Basic Materials sector and S&P 500 have decreased by 5.46% and 8.86%, respectively [1] Earnings Projections - Iamgold is expected to release earnings on May 6, 2025, with projected earnings per share (EPS) of $0.10, indicating a 9.09% decrease from the same quarter last year [2] - Full-year Zacks Consensus Estimates predict earnings of $0.64 per share and revenue of $2.29 billion, representing year-over-year increases of 16.36% and 40.03%, respectively [3] Analyst Sentiment - Recent shifts in analyst projections for Iamgold are important to monitor, as upward revisions indicate positive sentiment regarding the company's business operations [4] - The Zacks Rank system, which incorporates estimate changes, currently rates Iamgold at 3 (Hold) [6] Valuation Metrics - Iamgold has a Forward P/E ratio of 12.09, which is lower than the industry's average Forward P/E of 15.76 [7] - The company has a PEG ratio of 0.42, compared to the average PEG ratio of 0.64 for Mining - Gold stocks [7] Industry Context - The Mining - Gold industry is part of the Basic Materials sector, holding a Zacks Industry Rank of 143, placing it in the bottom 43% of over 250 industries [8]