Iamgold Corporations in-depth stock price analysis indicates that the stock price has rallied 30.89% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 23.85% . Looking at the past 52 week period, the stock price is up at 98.77% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Iamgold Corporation has a positive value of 74.21 compared to overall market. Iamgold Corporation (NYSE:IAG) has climbed 2.11% in the past week and advanced 8.78% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.29% and the outperformance has advanced to 6.84% for the last 4 weeks period.
Iamgold Corporation (NYSE:IAG) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.05 points or 1.02% at $4.83 with 12,455,301 shares getting traded. Post opening the session at $4.83, the shares hit an intraday low of $4.78 and an intraday high of $4.96 and the price was in this range throughout the day. The company has a market cap of $2,177 million and the number of outstanding shares has been calculated to be 450,700,000 shares. The 52-week high of Iamgold Corporation (NYSE:IAG) is $5.87 and the 52-week low is $1.82.
IAMGOLD Corp (USA) Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.02. The company had revenue of $282.40 million for the quarter, compared to analysts expectations of $262.94 million. The companys revenue was up 36.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.22 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.IAMGOLD Corp (USA) was Downgraded by Credit Suisse to Underperform on Jan 13, 2017.
IAMGOLD Corp is an international gold exploration and mining company based in Canada. It holds a 38% stake in the Sadiola Gold Mine and a 40% stake in the Yatela Gold Mine. Both are located in Mali, West Africa. Measured and indicated resources at Sadiola and Yatela are 5.5 million ounces of gold (including reserves of 5.2 million ounces). Inferred resources are 5.9 million ounces. IAMGOLD is actively exploring highly prospective ground in Africa and South America.