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Iamgold (IAG) Stock Sinks As Market Gains: Here's Why
IAMGOLDIAMGOLD(US:IAG) ZACKSยท2025-10-17 23:15

Core Viewpoint - Iamgold (IAG) has experienced a significant share price movement, with a recent decline of 8.74%, while showing a strong monthly increase of 32.97% compared to the Basic Materials sector and S&P 500 [1][2]. Company Performance - Iamgold is expected to release its earnings on November 4, 2025, with analysts predicting earnings of $0.2 per share, reflecting an 11.11% year-over-year growth [2]. - The full-year Zacks Consensus Estimates for Iamgold indicate earnings of $0.75 per share and revenue of $2.6 billion, representing year-over-year changes of +36.36% and +59.22%, respectively [3]. Analyst Estimates - Recent modifications to analyst estimates for Iamgold are crucial as they indicate changing business trends, with positive revisions suggesting an optimistic outlook [3][4]. - The Zacks Rank system, which evaluates estimate changes, currently ranks Iamgold at 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 7.82% in the past month [5]. Valuation Metrics - Iamgold is trading at a Forward P/E ratio of 19.61, which is higher than the industry average of 17.63, indicating a premium valuation [6]. - The company has a PEG ratio of 0.51, compared to the Mining - Gold industry's average PEG ratio of 0.88, suggesting a favorable growth outlook relative to its valuation [6]. Industry Context - The Mining - Gold industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 47, placing it in the top 20% of over 250 industries, indicating strong performance potential [7].