IAMGOLD Corporation explores for, develops, and operates gold mining properties in North and South America, and West Africa.
Flawless balance sheet with reasonable growth potential.
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's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: IMG underperformed the Canadian Metals and Mining industry which returned -11.6% over the past year.
Return vs Market: IMG underperformed the Canadian Market which returned -25.5% over the past year.
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
2 weeks ago | Simply Wall StWhat Kind Of Shareholders Own IAMGOLD Corporation (TSE:IMG)?
1 month ago | Simply Wall StIs IAMGOLD (TSE:IMG) A Risky Investment?
2 months ago | Simply Wall StEstimating The Intrinsic Value Of IAMGOLD Corporation (TSE:IMG)
Is IAMGOLD undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IMG (CA$3.3) is trading below our estimate of fair value (CA$15.78)
Significantly Below Fair Value: IMG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IMG is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: IMG is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IMG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IMG is good value based on its PB Ratio (0.5x) compared to the CA Metals and Mining industry average (1.1x).
How is IAMGOLD forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IMG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).
Earnings vs Market: IMG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IMG's is expected to become profitable in the next 3 years.
Revenue vs Market: IMG's revenue (9.4% per year) is forecast to grow faster than the Canadian market (3.9% per year).
High Growth Revenue: IMG's revenue (9.4% 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 (2%).
How has IAMGOLD performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMG is currently unprofitable.
Growing Profit Margin: IMG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IMG is unprofitable, but has reduced losses over the past 5 years at a rate of 30.6% per year.
Accelerating Growth: Unable to compare IMG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IMG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).
Return on Equity
High ROE: IMG has a negative Return on Equity (-14.83%), as it is currently unprofitable.
How is IAMGOLD's financial position?
Financial Position Analysis
Short Term Liabilities: IMG's short term assets ($1.3B) exceed its short term liabilities ($266.0M).
Long Term Liabilities: IMG's short term assets ($1.3B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: IMG's debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: IMG's debt to equity ratio has reduced from 24.1% to 16.9% over the past 5 years.
Inventory Level: IMG has a high level of physical assets or inventory.
Debt Coverage by Assets: IMG's debt is covered by short term assets (assets are 3.1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IMG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IMG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.8% per year.
What is IAMGOLD's 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 payouts.
High Dividend: Unable to evaluate IMG's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
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 2019. Mr. Stothart served a ...
CEO Compensation Analysis
Compensation vs Market: Gord's total compensation ($USD1.34M) is about average for companies of similar size in the Canadian market ($USD1.69M).
Compensation vs Earnings: Gord's compensation has been consistent with company performance over the past year.
|President||no data||US$1.88m||0.064% $990.8k|
|Executive VP & CFO||13.17yrs||US$1.51m||0.060% $935.4k|
|Senior VP of Business Development & General Counsel||no data||US$1.23m||0.059% $918.8k|
|Senior Vice President of Exploration||8.17yrs||US$1.38m||0.040% $619.4k|
|Director of Technical Services||no data||no data||no data|
|Vice President of Investor Relations & Corporate Communications||no data||no data||no data|
|Senior Vice President of Corporate Affairs||9.17yrs||no data||0.014% $211.4k|
|VP of Legal & Corporate Secretary||no data||no data||no data|
|VP & Corporate Controller||no data||no data||no data|
|Vice President of Operations Finance & Information Technology||no data||no data||no data|
Experienced Management: IMG's management team is seasoned and experienced (9.2 years average tenure).
|President||no data||US$1.88m||0.064% $990.8k|
|Independent Corporate Director||9.17yrs||US$218.70k||0.036% $557.2k|
|Independent Corporate Director||4.25yrs||US$198.20k||0.0077% $119.7k|
|Independent Corporate Director||8yrs||US$218.70k||0.020% $307.9k|
|Independent Corporate Director||14.17yrs||US$216.95k||0.012% $186.9k|
|Independent Chairman of the Board||4.83yrs||US$331.94k||0.047% $726.9k|
|Independent Corporate Director||30.17yrs||US$183.20k||0.10% $1.6m|
|Independent Corporate Director||1.58yrs||US$72.98k||0.0043% $66.0k|
Experienced Board: IMG's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
IAMGOLD Corporation's company bio, employee growth, exchange listings and data sources
- Name: IAMGOLD Corporation
- Ticker: IMG
- Exchange: TSX
- Founded: 1990
- Industry: Gold
- Sector: Materials
- Market Cap: CA$1.552b
- Shares outstanding: 470.29m
- Website: https://www.iamgold.com
Number of Employees
- IAMGOLD Corporation
- 401 Bay Street
- Suite 3200
- M5H 2Y4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IMG||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Mar 1996|
|IAG||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Mar 1996|
|IAL||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 1996|
|IMG||SWX (SIX Swiss Exchange)||Yes||Common Shares||CH||CHF||Mar 1996|
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 America; the Essakane mine in Burkina Faso, West Africa; the Westwood mine in Quebec, Canada. Its exploration and development projects include the Boto gold project in Senegal; the Diakha-Siribaya gold project in Mali; the Pitangui project in Brazil; the Côté gold project in Ontario; Eastern Borosi in Nicaragua; and the Karita gold project in Guinea, as well as holds interest in the Loma Larga, a gold, silver, and copper project in southern Ecuador. The company also has an option agreement to acquire 100% interest in the Rouyn gold project in Quebec. IAMGOLD Corporation was founded in 1990 and is headquartered in Toronto, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 00:40|
|End of Day Share Price||2020/03/27 00:00|
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.