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IAG Price/Volume Stats

Iamgold Corporation Ordinary Shares (IAG) Company Bio

IAMGOLD Corporation engages in the exploration, development, and operation of gold mining properties in Africa, South America, and Canada. The company was founded in 1990 and is based in Toronto, Canada.

IAG Price Forecast Based on DCF Valuation

We started the process of determining a valid price forecast for Iamgold Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Iamgold Corp ranked in the 78st percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 230.33%. In terms of the factors that were most noteworthy in this DCF analysis for IAG, they are:

• Iamgold Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
• Iamgold Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -24.53. This coverage rate is greater than that of just 3.85% of stocks we're observing for the purpose of forecasting via discounted cash flows.
• The weighted average cost of capital for the company is 11. This value is greater than 84.52% stocks in the Basic Materials sector that generate free cash flow.

KOP, MT, TG, ODC, and NGVT can be thought of as valuation peers to IAG, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.