These are just a handful of the figures considered in Iamgold's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that IAG is an impressive value stock right now. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades f ...

Full Truck Alliance (YMM) : This company which provides digital freight platform in China, has seen the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days. Micron Technology (MU) : This company which has established itself as one of the leading worldwide providers of semiconductor memory solutions, has seen the Zacks Consensus Estimate for its current year earningsincreasing 31.8% over the last 60 days. You can see the complete list of today's Zacks #1 Rank (Strong ...

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Iamgold currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metri ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Iamgold (IAG) , which belongs to the Zacks Mining - Gold industry. For the most recent quarter, Iamgold was expected to post earnings of $0.02 per share, but it reported $0.11 per share instead, representing a surprise of 450%. For the previous quarter, the consensus estimate was $0.02 per share, while it actually produced $0.06 per share, a surprise of 200%. ...

. Toronto, Ontario--(Newsfile Corp. - July 15, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its second quarter 2024 operating and financial results after market hours on Thursday, August 8, 2024. Senior management will host a conference call to discuss the operating performance and financial results on Friday, August 9, 2024, at 8:30 a.m. (Eastern Time). An online archive of the webcast will be available by accessing the Company's ...

Bet on penny stocks under $5 with interest rate cuts looming. However, it's important to note that penny stocks are notoriously volatile, especially those trading for under $5. These stocks usually belong to businesses in their nascence or grapple with significant hurdles. Hence, most investment experts advise caution when dealing with the speculative nature of these investments. With the backing of its parent company, ENIC has the impetus to continue pursuing aggressive growth strategies. Moreover, the fir ...

William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical writing. Other jobs have... Read more About thi ...

ROUYN-NORANDA, Quebec, July 08, 2024 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) wishes to inform shareholders that, through a transaction with IAMGOLD Corporation ("IAMGOLD", IMG-TSX, IAG-NYSE), Globex has acquired two gold projects located in the Abitibi West area of Quebec. Globex ha ...

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Most Powerful Force Impacting Stock Prices Harnessing the Power of Earnings Estimate Revisions Earnings Estimate Revisions for Iamgold Bottom Line The upgrade of Iamgold to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estima ...

Company Performance - Iamgold (IAG) has gained approximately 47.8% year-to-date, significantly outperforming the Basic Materials sector, which has returned an average of -4.5% [2] - The Zacks Consensus Estimate for IAG's full-year earnings has increased by 623.7% over the past 90 days, indicating improved analyst sentiment and a stronger earnings outlook [6] - Iamgold currently holds a Zacks Rank of 1 (Strong Buy), reflecting its strong earnings estimates and revisions [8] Industry Context - Iamgold is part of the Mining - Gold industry, which consists of 40 companies and currently ranks 45 in the Zacks Industry Rank. The average gain for this industry is 11.7% year-to-date, showing that IAG is performing better than its peers [3] - Another company in the Basic Materials sector, International Paper (IP), has also outperformed the sector with a year-to-date return of 19.6% [9] - The Paper and Related Products industry, to which International Paper belongs, is ranked 48 and has seen a gain of 10.5% this year [10]