IMG : IAMGOLD Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

IAMGOLD Corporation trades with the ticker IMG on the TSX and is in the Gold industry.

Overview
IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
 

Looking to invest in IAMGOLD Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

IMG.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $2082.992MM

PE Ratio: 17.583

Price: 4.29 (Updated: 3/12/2024 0:47:16)



IAMGOLD Corporation (IMG) vs Competitors in Gold

Lets see how IMG.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:

Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc

.

Gold Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Barrick Gold Corporation (ABX) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • IAMGOLD Corporation (IMG) vs Barrick Gold Corporation (ABX)
    • ABX has higher EPS (0.97 vs 0.24). ABX provides dividends, while IMG does not. ABX has a higher P/E ratio (21.948 vs 17.583) indicating it’s more expensive.
  • IAMGOLD Corporation (IMG) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs 0.24). AEM provides dividends, while IMG does not. IMG has a higher P/E ratio (17.583 vs 14.049) indicating it’s more expensive.
  • IAMGOLD Corporation (IMG) vs Alamos Gold Inc (AGI)
    • AGI has higher EPS (0.71 vs 0.24). AGI provides dividends, while IMG does not. AGI has a higher P/E ratio (25.408 vs 17.583) indicating it’s more expensive.
  • IAMGOLD Corporation (IMG) vs Galiano Gold Inc (AKG)
    • IMG has higher EPS (0.24 vs -0.003). AKG provides dividends, while IMG does not. AKG has a P/E under 0, indicating IMG (P/E 17.583) is in a better position.
  • IAMGOLD Corporation (IMG) vs Alio Gold Inc (ALO)
    • IMG has higher EPS (0.24 vs -0.274). ALO provides dividends, while IMG does not. ALO has a P/E under 0, indicating IMG (P/E 17.583) is in a better position.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (17.58) than the industry average (60.88), indicating potential undervaluation. Features a lower EV/EBITDA ratio (8.80) than the industry average (15.44), indicating attractive valuation.
 

How to Buy IMG stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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