Iamgold stock price rises while market falls, expected earnings growth, Zacks Rank Hold.

From Nasdaq: 2025-01-10 18:15:21

Iamgold (IAG) closed at $5.67, up 0.35% from the prior day, outperforming the S&P 500. The company’s shares rose 1.62% in the last month, surpassing the Basic Materials sector and S&P 500 losses. Analysts expect Iamgold to post earnings of $0.17 per share, marking a 183.33% growth.

The Zacks Rank system, ranging from #1 to #5, shows Iamgold at #3 (Hold) with a Forward P/E ratio of 7.23, indicating a discount compared to the industry. The Mining – Gold industry is ranked at 136, in the bottom 46% of industries. Top-rated industries outperform the bottom half by 2 to 1.

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Read more at Nasdaq: Iamgold (IAG) Rises As Market Takes a Dip: Key Facts