IAMGold Financials

IAG Stock  USD 5.50  0.11  2.04%   
Based on the measurements of operating efficiency obtained from IAMGold's historical financial statements, IAMGold is doing better financially today then in previous quarter. It has a moderate likelihood of reporting better financial numbers in January. At this time, IAMGold's Property Plant And Equipment Net is most likely to increase significantly in the upcoming years. The IAMGold's current Net Debt is estimated to increase to about 614.2 M, while Total Stockholder Equity is projected to decrease to roughly 1.8 B. Key indicators impacting IAMGold's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.350.3766
Significantly Down
Slightly volatile
Current Ratio1.141.1948
Sufficiently Down
Slightly volatile
The financial analysis of IAMGold is a critical element in measuring its lifeblood. Investors should not minimize IAMGold's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

115.2 Million

  
Understanding current and past IAMGold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IAMGold's financial statements are interrelated, with each one affecting the others. For example, an increase in IAMGold's assets may result in an increase in income on the income statement.

IAMGold Stock Summary

IAMGold competes with Eldorado Gold, Coeur Mining, Gold Resource, Alamos Gold, and Agnico Eagle. IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada. Iamgold Corp operates under Gold classification in the United States and is traded on New York Stock Exchange. It employs 5000 people.
Foreign Associate
  Canada
Specialization
Basic Materials, Materials
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA4509131088
CUSIP450913108
LocationOntario; Canada
Business Address150 King Street
SectorMetals & Mining
IndustryMaterials
BenchmarkDow Jones Industrial
Websitewww.iamgold.com
Phone416 360 4710
CurrencyUSD - US Dollar

IAMGold Key Financial Ratios

IAMGold Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.2B4.0B4.4B4.5B2.7B
Net Debt(363.3M)(408.1M)(14.9M)584.7M585M614.3M
Retained Earnings(350.2M)(307.9M)(562.2M)(632.4M)(538.3M)(511.4M)
Accounts Payable211.9M244.7M304.4M294.1M317.6M333.5M
Cash830.6M941.5M544.9M407.8M367.1M352.1M
Other Assets288.3M304.8M313M259.5M(555.4M)(527.6M)
Other Current Assets45.6M40M49.3M830.6M53.7M68.3M
Total Liab1.4B1.6B1.7B2.2B2.3B2.4B
Total Current Assets1.3B1.4B951.1M1.5B753.7M700.5M
Short Term Debt18M25.9M28.9M13.8M26.1M24.8M
Other Current Liab18.5M34.6M29.2M300.5M41.9M58.6M
Net Receivables72.2M1.047.2M83M66.6M60.3M
Inventory308.5M327.3M302.1M199.9M266.3M166.0M
Other Liab728M766.5M571.7M593.4M682.4M716.5M
Long Term Debt403.9M458.7M456.9M910M825.8M867.1M
Common Stock2.7B2.7B2.7B2.7B2.7B2.0B
Net Tangible Assets2.3B2.5B2.2B2.1B1.9B1.9B
Long Term Debt Total449.3M507.5M501.1M978.7M1.1B596.7M

IAMGold Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense14.4M23.3M5.2M1.5M21M20.0M
Total Revenue1.1B1.1B1.2B1.2B958.8M774.0M
Gross Profit69.6M250.3M2.7M147.9M124.1M190.5M
Operating Income(22.6M)74.1M(103.3M)58.8M(300K)(285K)
Ebit253.8M120.3M(48.9M)39.2M88.9M146.6M
Ebitda254M392.4M214.8M273.6M315.4M252.7M
Cost Of Revenue995.7M991.4M1.1B810.9M863M583.5M
Income Before Tax(328.3M)98.8M(319.6M)41.7M128.2M134.6M
Net Income(358.7M)42.6M(255.1M)(36.4M)94.3M99.0M
Income Tax Expense30.4M44.1M(64.5M)78.1M30.7M48.1M
Minority Interest72.7M87.3M700K(17.3M)(12.5M)(11.9M)
Tax Provision30.4M44.1M(64.5M)78.1M40.6M27.5M
Interest Income16.8M8.9M16.7M6.6M26.4M16.6M
Net Interest Income(1.8M)(14.4M)(1M)(100K)27.3M28.7M

IAMGold Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash215.5M110.9M(396.6M)(137.1M)(40.7M)(38.7M)
Free Cash Flow88.6M30.4M(370.2M)(371.8M)(747.9M)(710.5M)
Depreciation276.6M268M349.1M242M226.5M151.6M
Other Non Cash Items201.9M(4.2M)256.6M160.5M(226.2M)(214.8M)
Capital Expenditures274.4M317.2M655.2M780.5M907.3M952.7M
Net Income(398M)58.8M(255.1M)(36.4M)97.5M102.4M
End Period Cash Flow830.6M941.5M544.9M407.8M367.1M352.1M
Change To Inventory(22.2M)(3.4M)(36.7M)(32.6M)(78.0M)(74.1M)
Investments(149.8M)(246.2M)(1.9M)(891.9M)(363.4M)(345.2M)
Net Borrowings14.2M10.5M(26.6M)449.2M516.6M542.4M
Change To Netincome285.7M98.4M44.2M277.4M249.7M262.1M

IAMGold Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IAMGold's current stock value. Our valuation model uses many indicators to compare IAMGold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IAMGold competition to find correlations between indicators driving IAMGold's intrinsic value. More Info.
IAMGold is currently regarded as number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.17  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for IAMGold is roughly  6.03 . At this time, IAMGold's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value IAMGold by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

IAMGold Systematic Risk

IAMGold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IAMGold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on IAMGold correlated with the market. If Beta is less than 0 IAMGold generally moves in the opposite direction as compared to the market. If IAMGold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IAMGold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IAMGold is generally in the same direction as the market. If Beta > 1 IAMGold moves generally in the same direction as, but more than the movement of the benchmark.

IAMGold Thematic Clasifications

IAMGold is part of several thematic ideas from Gold and Gold Mining to Precious Metals. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in IAMGold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IAMGold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of IAMGold growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0338)

At this time, IAMGold's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

IAMGold December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of IAMGold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IAMGold. We use our internally-developed statistical techniques to arrive at the intrinsic value of IAMGold based on widely used predictive technical indicators. In general, we focus on analyzing IAMGold Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IAMGold's daily price indicators and compare them against related drivers.

Complementary Tools for IAMGold Stock analysis

When running IAMGold's price analysis, check to measure IAMGold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IAMGold is operating at the current time. Most of IAMGold's value examination focuses on studying past and present price action to predict the probability of IAMGold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IAMGold's price. Additionally, you may evaluate how the addition of IAMGold to your portfolios can decrease your overall portfolio volatility.
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Bonds Directory
Find actively traded corporate debentures issued by US companies