Iamgold (IAG) Stock Drops Despite Market Gains: Important Facts to Note
From Nasdaq: 2025-06-27 18:15:00
Iamgold (IAG) closed at $7.08, down 4.07% from the previous day, less than S&P 500’s 0.52% gain. Stock climbed 8.85% in the past month, outperforming Basic Materials sector and S&P 500. Earnings performance will be closely watched, with predicted EPS of $0.18, 12.5% growth from last year.
Analyst estimates for Iamgold project a full-year earnings of $0.78 per share and revenue of $2.42 billion, reflecting significant increases. Recent positive estimate revisions indicate analyst optimism about the company’s profitability. Zacks Rank system, with Iamgold currently at #3 (Hold), shows an average annual return of +25% for #1 stocks since 1988.
Iamgold’s Forward P/E ratio of 9.52 is lower than the industry average of 12.57. PEG ratio of 0.38 suggests potential growth. Mining – Gold industry, ranked 46 out of 250+ industries, is in the top 19% for performance. Follow key metrics on Zacks.com for more insights.
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