Iamgold (IAG) closed at $6.53, up 0.93%, outperforming the S&P 500, Dow, and Nasdaq. Shares rose 14.11% in the past month as the Basic Materials sector gained 0.78% and S&P 500 lost 4.7%.

Analysts anticipate Iamgold’s EPS to drop by 27.27% to $0.08. Zacks predicts full-year earnings of $0.55 per share and $2.15 billion in revenue, up 31.66%.

Positive analyst estimate revisions often correlate with share price momentum. Iamgold holds a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 11.76, trading at a discount compared to its industry.

Zacks has identified a top stock set to double, highlighting a fast-growing financial firm with innovative solutions. With potential gains of +100%, this stock is expected to outperform earlier picks like Nano-X Imaging.

Stay updated on stock-shifting metrics and industry rankings by utilizing Zacks.com. Assess industry strength with Zacks Industry Rank to make informed investment decisions.

Read more at Nasdaq: Iamgold (IAG) Gains As Market Dips: What You Should Know