Based on the measurements of operating efficiency obtained from IAMGold's historical financial statements, IAMGold is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in February. At this time, IAMGold's Total Current Liabilities is most likely to increase significantly in the upcoming years. The IAMGold's current Total Stockholder Equity is estimated to increase to about 4 B, while Non Currrent Assets Other are projected to decrease to roughly 268 M.
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.
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 competes with Eastman Chemical, New Gold, Sibanye Gold, B2Gold Corp, and Eldorado Gold. 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.
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 rated fifth overall in return on equity category among its peers. It also is rated fifth overall in return on asset category among its peers reporting about 0.69 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for IAMGold is roughly 1.46 . 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.
Most indicators from IAMGold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IAMGold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
IAMGold is part of Gold and Gold Mining investing theme. 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. Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products
This theme covers Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. 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.
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.
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.