Iamgold Corporation is part of the basic materials sector and is in the metals and mining industry. The company CEO is Stephen J.J. Letwin. Iamgold Corp is a gold mining company. The Company explores, develops and operates gold mining properties. It also operates the niobium mine.



Previous Intraday Performance:

The IAG shares had a previous change of 2.62% which opened at 2.65 and closed at 2.74. It moved to an intraday high of 2.75 and a low of 2.63.

SeekingAlpha:  Iamgold: Avoided The Carnage, Now I’m Buying

Historical Performance:

Over the last five trading days, IAG shares returned -1.08% and in the past 30 trading days it returned -9.57%. Over three months, it changed -20.81%. In one year it has changed -53.08% and within that year its 52 week high was 6.16 and its 52 week low was 2.28. IAG stock is 20.18% above its 52 week low.

Our calculations result in a 200 day moving average of 3.40 and a 50 day moving average of 2.86. Right now, IAG stock is trading -19.39% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Iamgold: Avoided The Carnage, Now I’m Buying

Liquidity:

The company has a market cap of $1.3b with 466.8m shares outstanding and a float of 466.8m shares. Trading volume was 3,879,494 shares and has experienced an average volume of 6,292,099 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.02. The trailing twelve month EPS reported is 0.08 (trailing twelve month diluted EPS is -0.24).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-06-2019: -0.09
4thQtr 2018Reported 02-20-2019: -0.07
3rdQtr 2018Reported 11-06-2018: -0.02
2ndQtr 2018Reported 08-08-2018: -0.06
1stQtr 2018Reported 05-07-2018: 0.09

EPS growth is an important number as it indicates the future prospects of Iamgold Corporation; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -5.30% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 82.00% of institutional ownership. Short-interest was 7,690,988, which was 1.65% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.46. This stock has some short interest, but it might be normal and no need to worry if long the position.



The beta was calculated to be -0.16.

SeekingAlpha:  Houston Wire & Cable reports Q1 results

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -2.85%, profit margin is -10.23%, price-to-sales is 0.90 and price-to-book is 0.46.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 4  : Financial Safety Result
 0  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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