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Market Cap

CA$2.0b

Last Updated

2021/04/11 22:07 UTC

Data Sources

Company Financials +

Executive Summary

IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. More Details


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has IAMGOLD's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IMG is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: IMG's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

4.3%

IMG

4.4%

CA Metals and Mining

1.0%

CA Market


1 Year Return

5.4%

IMG

39.0%

CA Metals and Mining

39.2%

CA Market

Return vs Industry: IMG underperformed the Canadian Metals and Mining industry which returned 39% over the past year.

Return vs Market: IMG underperformed the Canadian Market which returned 39.2% over the past year.


Shareholder returns

IMGIndustryMarket
7 Day4.3%4.4%1.0%
30 Day2.5%4.1%1.4%
90 Day-5.1%-3.5%7.5%
1 Year5.4%5.4%40.4%39.0%44.0%39.2%
3 Year-41.5%-41.5%52.4%49.0%32.2%19.6%
5 Year12.3%12.3%70.7%65.4%59.4%35.3%

Long-Term Price Volatility Vs. Market

How volatile is IAMGOLD's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is IAMGOLD undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: IMG (CA$4.11) is trading below our estimate of fair value (CA$18.83)

Significantly Below Fair Value: IMG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: IMG is poor value based on its PE Ratio (40.2x) compared to the CA Metals and Mining industry average (18.4x).

PE vs Market: IMG is poor value based on its PE Ratio (40.2x) compared to the Canadian market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: IMG is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: IMG is good value based on its PB Ratio (0.6x) compared to the CA Metals and Mining industry average (2.9x).


Future Growth

How is IAMGOLD forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

47.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IMG's forecast earnings growth (47.9% per year) is above the savings rate (1.5%).

Earnings vs Market: IMG's earnings (47.9% per year) are forecast to grow faster than the Canadian market (21.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: IMG's revenue (7.2% per year) is forecast to grow faster than the Canadian market (7.2% per year).

High Growth Revenue: IMG's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IMG's Return on Equity is forecast to be low in 3 years time (4%).


Past Performance

How has IAMGOLD performed over the past 5 years?

12.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IMG has a large one-off loss of $66.7M impacting its December 31 2020 financial results.

Growing Profit Margin: IMG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: IMG has become profitable over the past 5 years, growing earnings by 12.7% per year.

Accelerating Growth: IMG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: IMG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (74.3%).


Return on Equity

High ROE: IMG's Return on Equity (2.1%) is considered low.


Financial Health

How is IAMGOLD's financial position?


Financial Position Analysis

Short Term Liabilities: IMG's short term assets ($1.4B) exceed its short term liabilities ($334.8M).

Long Term Liabilities: IMG's short term assets ($1.4B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: IMG's debt to equity ratio (18.3%) is considered satisfactory.

Reducing Debt: IMG's debt to equity ratio has reduced from 34.9% to 18.3% over the past 5 years.

Debt Coverage: IMG's debt is well covered by operating cash flow (74.5%).

Interest Coverage: IMG's interest payments on its debt are well covered by EBIT (1002.5x coverage).


Balance Sheet


Dividend

What is IAMGOLD current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IMG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IMG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IMG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IMG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: IMG is not paying a notable dividend for the Canadian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IMG's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Gord Stothart

1.08yrs

Tenure

US$1,400,471

Compensation

Mr. Peter Gordon Stothart, also known as Gord, serves as Chief Executive Officer and Director at IAMGOLD Corporation since March 01, 2020. He is President of IAMGOLD Corp. since November 6, 2019. He is Mem...


CEO Compensation Analysis

Compensation vs Market: Gord's total compensation ($USD1.40M) is below average for companies of similar size in the Canadian market ($USD2.07M).

Compensation vs Earnings: Gord's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: IMG's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

Experienced Board: IMG's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: IMG insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

IAMGOLD Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: IAMGOLD Corporation
  • Ticker: IMG
  • Exchange: TSX
  • Founded: 1990
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$1.958b
  • Shares outstanding: 476.47m
  • Website: https://www.iamgold.com

Number of Employees


Location

  • IAMGOLD Corporation
  • 401 Bay Street
  • Suite 3200
  • Toronto
  • Ontario
  • M5H 2Y4
  • Canada

Listings


Biography

IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa. The company owns interests in the Rosebel mine located in Suriname, South Americ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 22:07
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.