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Analysis
IAMGOLD Corporation (IAG)
IAMGOLD Corporation (IAG)
Ranking:
Buy
Implies positive momentum
Stock Name: IAMGOLD Corporation
Symbol: IAG
Market Cap: $3.60B
Industry: Gold
Sector: Basic Materials
Website: https://www.iamgold.com
About IAMGOLD Corporation

IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa; and Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 586 square kilometer located in Ontario, Canada Please visit their website for more information.

Overview:
Last Close: $6.31
52 Week: $2.55-$6.61
MVA50: 5.90
MVA200: 4.99
Quarterly Revenue: $470M
RSI: 55.62
Buy/Sell*: 50.35
1-Month change: 13.15%
3-Month change: 23.14%
EPS: 0.15
*Proprietary Buy Sell Volume Indicator
Price Chart For IAG
Our Approach

Our proprietary analysis employs a weighted average approach integrating both functional and technical parameters, tailored to the sector, industry, and microeconomic factors. This methodology assigns dynamic weights to the parameters, with a focus on recent trends, ensuring a nuanced evaluation for informed investment decisions. Considering various financial parameters of the stock from its income statement, balance sheet, and cash flow, in addition to some of the derived parameters of the stock in conjunction with its sector and macroeconomic conditions, our proprietary Weighted Average AI model gives a rank of Buy.

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