Iamgold stock dipped by 1.66% while market gained 1.77%, slightly underperforming

From Nasdaq: 2025-03-24 18:15:00

In the latest market close, Iamgold (IAG) reached $5.94, with a -1.66% movement compared to the previous day, lagging behind the S&P 500’s daily gain of 1.77%. Shares of the mining company had gained 5.59% over the past month, outperforming the Basic Materials sector and the S&P 500 in that time.

Iamgold is projected to report earnings of $0.08 per share, a 27.27% decline year-over-year. Zacks Consensus Estimates predict earnings of $0.58 per share and revenue of $2.15 billion for the fiscal year, representing changes of +5.45% and +31.66% respectively from the prior year. Analysts’ estimate revisions directly impact share price momentum.

Iamgold currently holds a Forward P/E ratio of 10.5, at a discount to the industry average of 13.83. The PEG ratio stands at 1.12, slightly above the industry average of 1.03. The Mining – Gold industry has a Zacks Industry Rank of 140, in the bottom 45% of all industries. Utilize Zacks.com for stock-moving metrics.

Experts have identified 7 elite stocks, hand-picked from the Zacks Rank #1 Strong Buys list, as “Most Likely for Early Price Pops.” Since 1988, this list has outperformed the market with an average gain of +24.3% per year. Consider these 7 stocks for potential growth opportunities. Get the latest recommendations from Zacks Investment Research.



Read more at Nasdaq: Iamgold (IAG) Stock Dips While Market Gains: Key Facts