Latest news with #IAMGOLDCorporation
Yahoo
29-05-2025
- Business
- Yahoo
IAMGOLD's (TSE:IMG) investors will be pleased with their impressive 239% return over the last three years
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you buy shares in a really great company, you can more than double your money. For example, the IAMGOLD Corporation (TSE:IMG) share price has soared 239% in the last three years. Most would be happy with that. On top of that, the share price is up 20% in about a quarter. This could be related to the recent financial results, released recently - you can catch up on the most recent data by reading our company report. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. IAMGOLD became profitable within the last three years. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. It's nice to see that IAMGOLD shareholders have received a total shareholder return of 73% over the last year. That gain is better than the annual TSR over five years, which is 15%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with IAMGOLD (at least 2 which make us uncomfortable) , and understanding them should be part of your investment process. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Canadian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
07-05-2025
- Business
- Yahoo
IAMGOLD Corporation (IAG): Among Billionaire John Paulson's Stocks with Huge Upside Potential
We recently published a list of Billionaire John Paulson's 10 Stocks with Huge Upside Potential. In this article, we are going to take a look at where IAMGOLD Corporation (NYSE:IAG) stands against other stocks with huge upside potential. John Alfred Paulson is an American billionaire hedge fund manager who founded Paulson & Co. in 1994. It is a New York-based fund management firm that specializes in private equity and hedge funds. Paulson graduated as valedictorian of his class with a summa cum laude distinction in finance from NYU's College of Business and Public Administration in 1978. He also pursued an MBA at Harvard Business School as a George F. Baker Scholar, which is a prestigious recognition awarded to the top 5% of his class. It's supported by the Sidney J. Weinberg/Goldman Sachs scholarship, which he earned in 1980. With a client base of 20, the firm's latest 13F filing for Q4 2024 revealed ~$1.65 billion in managed 13F securities and a top 10 holdings concentration of 98.55%. The firm is known for its expertise in event-driven arbitrage strategies, such as merger arbitrage, bankruptcy reorganizations, and other corporate events. Paulson & Co. also pursues investments in distressed debt opportunities throughout the US and Western Europe, with the help of its strategic insights and extensive market experience. John Paulson is now also bullish on gold after 15 years and expects its price to reach ~$5,000 per ounce by 2028. He is the largest shareholder in Perpetua Resources. On April 29, Reuters reported that in a recent interview, Paulson reinforced that his conviction in gold is underpinned by the analysis of central bank buying trends and rising global trade tensions. He highlighted the inclination of central banks and individuals to seek stable stores of value now and suggested that gold will therefore enhance its global standing. Paulson believes that the Western confiscation of Russia's foreign reserve holdings following the Ukraine invasion is one of the reasons behind the anticipated appreciation of gold prices. Our Methodology To compile the list of billionaire John Paulson's 10 stocks with huge upside potential, we sifted through Q4 2024 13F filings of Paulson & Co. from Insider Monkey. From these filings, we checked each stock's upside potential from CNN and ranked the stocks in ascending order of this upside potential. We have also added Paulson & Co.'s stake in each company and the hedge fund sentiment around each stock. Note: All data was sourced on May 2. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Yahoo
06-05-2025
- Business
- Yahoo
Why IAMGOLD Corporation (IAG) Soared on Monday
We recently published a list of Why These 10 Firms Soared on Monday. In this article, we are going to take a look at where IAMGOLD Corporation (NYSE:IAG) stands against other Monday's best performers. The stock market kicked off the trading week on a negative note as investors sold off on a new round of uncertainties from President Donald Trump's tariff policies. The Nasdaq fell by 0.74 percent, while the S&P 500 dropped 0.64 percent and the Dow Jones was down by 0.24 percent. Over the weekend, Trump told reporters that the US was negotiating with many countries, 'but at the end of this, I'll set my own deals — because I set the deal, they don't set the deal.' He added that he had no intentions to talk with Chinese President Xi Jinping, dampening hopes of a potential negotiation between the two of the world's largest economies. Beyond the major indices, 10 companies stood out with strong gains amid a flurry of fresh developments. In this article, we name Monday's 10 best performers and detail the reasons behind their gains. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. Why IAMGOLD Corporation (IAG) Soared on Monday Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. IAMGOLD Corporation (NYSE:IAG) Shares of IAMGOLD Corp. rose by 3.57 percent on Monday to close at $6.96 apiece as investors repositioned their portfolios following the surge in gold prices, and ahead of the release of its first quarter earnings performance. According to the company, it will release its key operational and financial highlights after the market closes on Tuesday, May 6. A conference call will follow to elaborate on the results at 8:30 AM on Wednesday, May 7. Additionally, market sentiment was fueled by the surge in spot prices of gold, which as of this writing was up by 2.76 percent at $3,329.86 per ounce, as investors resorted to safer assets anew amid the weakness in the US dollar. IAMGOLD Corporation (NYSE:IAG) is a leading gold producer with assets across Canada and West Africa. The company fully owns the Westwood project in Quebec, holds a 60 percent stake in the Côté Gold project in Ontario, and controls 90 percent of Essakane in Burkina Faso. For this year, it targets gold production to hit between 735,000 and 820,000 ounces, focusing on maximizing Côté Gold's potential. Overall, IAG ranks 10th on our list of Monday's best performers. While we acknowledge the potential of IAG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IAG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
Yahoo
25-04-2025
- Business
- Yahoo
Why IAMGOLD Corporation (IAG) Lagged Performance on Wednesday
We recently published an article titled . In this article, we are going to take a look at where IAMGOLD Corporation (NYSE:IAG) stands against the other stocks. Wall Street's major indices finished in the green territory anew on Wednesday as worries about tariff policies and the Federal Reserve's independence tapered off following President Donald Trump's assurance that he had no intentions of ousting Jerome Powell. The Nasdaq surged by 2.5 percent, the S&P 500 rose by 1.67 percent, while the Dow Jones increased by 1.07 percent. Ten companies, on the other hand, led the highest declines, booking modest losses during the trading session. In this article, we have identified Wednesday's 10 worst-performing stocks and detailed the reasons behind their lagging performance. To come up with the list, we considered only the stocks with more than $2 billion in market capitalization and $5 million in trading volume. Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. IAMGOLD Corporation (NYSE:IAG) extended its losing streak for a fourth straight day on Wednesday, shedding another 5.5 percent to finish at $7.22 apiece as investors continued to sell off shares in the company in line with the decline in spot prices of gold. As of 4:46 PM EDT on Wednesday, gold spot prices are down by 2.73 percent at $3,288.44 per ounce. Additionally, investors appeared to have repositioned portfolios ahead of the company's first-quarter earnings release on May 6. IAMGOLD Corporation (NYSE:IAG) is a leading gold producer with assets across Canada and West Africa. The company fully owns the Westwood project in Quebec, holds a 60 percent stake in the Côté Gold project in Ontario, and controls 90 percent of Essakane in Burkina Faso. For this year, it targets gold production to hit between 735,000 and 820,000 ounces, focusing on maximizing Côté Gold's potential. Overall IAG ranks 10th on our list of the worst performing stocks on Wednesday. While we acknowledge the potential of IAG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IAG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
12-04-2025
- Business
- Yahoo
Why IAMGOLD Corporation (IAG) Soared Last Week?
We recently published a list of . In this article, we are going to take a look at where IAMGOLD Corporation (NYSE:IAG) stands against other firms that defied the market slump and recorded double-digit gains last week. The stock market may have taken a beating for most of the week, but it was able to recover losses on Friday, as investors gobbled up shares while weighing the impact of the US-China trade war. Among all major indices, the tech-heavy Nasdaq registered the highest gain, up 7.29 percent, followed by the S&P 500 with 5.7 percent, and the Dow Jones by 4.95 percent. Ten companies, predominantly in the gold and biopharmaceutical sectors, were the week's top performers as investors sought haven from their stocks amid market uncertainties. In this article, we have identified last week's 10 highest gainers and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume. The week-on-week prices were based on the companies' closing prices on Friday as against on April 4, or a week earlier. Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. IAMGOLD Corp. surged by 28.2 percent this week to close at $7.22 each on Friday versus the $5.63 last week, as the company continued to benefit from the rally in gold prices. During a generally pessimistic trading week, IAG defied the market slump, rallying for five consecutive days, as investor funds continued to flock to gold miners to mitigate risks from the escalating trade war between the US and China. Additionally, investors appeared to have snapped up shares in the company ahead of its first-quarter earnings release on May 6. IAG is a leading gold producer with assets across Canada and West Africa. The company fully owns the Westwood project in Quebec, holds a 60 percent stake in the Côté Gold project in Ontario, and controls 90 percent of Essakane in Burkina Faso. For this year, it targets gold production to hit between 735,000 and 820,000 ounces, focusing on maximizing Côté Gold's potential. Overall, IAG ranks 5th on our list of firms that defied the market slump and recorded double-digit gains last week. While we acknowledge the potential of IAG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is as promising as IAG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
