Iamgold Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 2.00
Dividend & YieldN/A$ (N/A)
Beta 1.34
Market capitalization 1.13B
Operating cash flow 408.7M
ESG Scores unknown

Company description

IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America and West Africa. The company owns 100% interest in the Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and 90% interests in the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa. Its exploration and development projects include the 100% owned Diakha-Siribaya project that covers an area of approximately 600 square kilometres situated in Mali; the Monster Lake projects located in Quebec, Canada; and the Karita project that covers an area of approximately 100 square kilometres located in Guinea, as well as Pitangui project in Brazil, and 75% owned the Nelligan located in Québec. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 5.4M 7.2M 8.2M 28.9M
Total Cashflows From Investing Activities -149.8M -246.2M -630.7M -891.9M
Net Borrowings 14.2M 10.5M -12.4M 449.2M
Total Cash From Financing Activities 800k 800k -41.2M 404M
Change To Operating Activities
Issuance Of Stock 5M 5M 600k 1M
Net Income -412.6M 42.6M -254.4M -70.1M
Change In Cash 215.5M 110.9M -396.6M -137.1M
Effect Of Exchange Rate 1.5M 8.7M -9.7M -17.1M
Total Cash From Operating Activities 363M 347.6M 285M 408.7M
Depreciation 412.1M 155.7M 193.4M 137M
Change To Account Receivables 12.3M -24.4M 16.7M -36.9M
Other Cashflows From Financing Activities -13.4M -14.7M -29.4M -46.2M
Change To Netincome 285.7M 103.4M 264.1M 277.4M
Capital Expenditures -276.2M -317.6M -561.3M -782.4M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax -328.3M 98.8M -54.5M 41.7M
Net Income -412.6M 42.6M -254.4M -70.1M
Selling General Administrative 42M 46.8M 38.8M 52M
Gross Profit 53.7M 250.3M 62.2M 147.9M
Ebit -270M 200.5M -57.5M 56.9M
Operating Income -270M 200.5M -57.5M 56.9M
Interest Expense -8.1M -9.1M
Income Tax Expense 30.4M 44.1M 33.4M 78.1M
Total Revenue 1.07B 1.24B 875.5M 958.8M
Cost Of Revenue 1.01B 991.4M 813.3M 810.9M
Total Other Income ExpenseNet -58.3M -101.7M 3M -15.2M
Net Income From Continuing Ops -358.7M 54.7M -87.9M -36.4M
Net Income Applicable To Common Shares -412.6M 42.6M -254.4M -70.1M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.44B 1.61B 1.65B 2.22B
Total Stockholder Equity 2.35B 2.46B 2.24B 2.13B
Other Current Liabilities 36.1M 64.2M 248.4M 338.3M
Total Assets 3.86B 4.15B 3.97B 4.43B
Common Stock 2.69B 2.71B 2.72B 2.73B
Other Current Assets 50.7M 21.6M 31.9M 817.2M
Retained Earnings -350.2M -307.9M -562.2M -632.4M
Treasury Stock -44.5M -5.3M 23.8M -21.3M
Cash 830.6M 941.5M 544.9M 407.8M
Total Current Liabilities 266M 334.8M 581.7M 646.2M
Other Stockholder Equity -44.5M -5.3M 23.8M -21.3M
Property, Plant, and Equipment 2.28B 2.42B 2.65B 2.63B
Total Current Assets 1.26B 1.4B 951.1M 1.52B
Net Tangible Assets 2.35B 2.46B 2.24B 2.13B
Net Receivables 51.4M 79.5M 47.2M 83M
Accounts Payable 211.9M 244.7M 304.4M 294.1M


Insider Transactions

Here are the insider transactions of stock shares related to Iamgold Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
O'Hagan (Lawrence Peter)Exercise of rights at price 2.80 per share.D2022-08-18Director of Issuer8.33k
Bradburn, TimothyExercise of options at price 3.42 per share.D2022-03-21Senior Officer of Issuer16.8k
Bradburn, TimothyAcquisition or disposition in the public market at price 3.42 per share.D2022-03-21Senior Officer of Issuer74.79k
Bradburn, TimothyAcquisition or disposition in the public market at price 3.42 per share.D2022-03-21Senior Officer of Issuer16.8k
Stothart, Peter GordonAcquisition or disposition in the public market at price 3.35 per share.D2022-03-15Senior Officer of Issuer22.06k
O'Hagan (Lawrence Peter)D2022-03-11Director of Issuer
O'Hagan (Lawrence Peter)Exercise of rights at price 3.03 per share.D2022-03-11Director of Issuer2.54k
Little (Benjamin Richard)Exercise of options at price 2.54 per share.D2022-03-07Senior Officer of Issuer39k
Little (Benjamin Richard)Acquisition or disposition in the public market at price 3.29 per share.D2022-03-07Senior Officer of Issuer39k
Belanger (Maryse)Acquisition or disposition in the public market at price 3.37 per share.D2022-03-04Director of Issuer25k
Macdougall (Craig Stephen)Exercise of options at price 2.35 per share.D2022-03-04Senior Officer of Issuer42k
Little (Benjamin Richard)Acquisition or disposition in the public market at price 3.12 per share.D2022-03-02Senior Officer of Issuer23.23k
Little (Benjamin Richard)Exercise of options at price 2.94 per share.D2022-02-28Senior Officer of Issuer22k
Little (Benjamin Richard)Acquisition or disposition in the public market at price 2.94 per share.D2022-02-28Senior Officer of Issuer22k
Bradburn, TimothyExercise of rights at price 3.09 per share.D2022-02-25Senior Officer of Issuer14.88k
Lemelin (Bruno)Exercise of rights at price 3.09 per share.D2022-02-25Senior Officer of Issuer22.38k
Little (Benjamin Richard)Exercise of rights at price 3.09 per share.D2022-02-25Senior Officer of Issuer23.23k
Macdougall (Craig Stephen)Exercise of rights at price 3.09 per share.D2022-02-25Senior Officer of Issuer27.9k
Stothart, Peter GordonExercise of rights at price 3.09 per share.D2022-02-25Senior Officer of Issuer41.82k
Toguyeni, OumarExercise of rights at price 3.09 per share.D2022-02-25Senior Officer of Issuer22.67k
Hall (Richard James)Exercise of rights at price 3.24 per share.D2022-02-17Director of Issuer24.24k
Hall (Richard James)Exercise of rights at price 3.24 per share.D2022-02-17Director of Issuer51.94k
Belanger (Maryse)D2022-02-13Director of Issuer
Charter (Donald Kinloch)Exercise of rights at price 2.53 per share.D2022-02-03Director of Issuer11.83k
Charter (Donald Kinloch)Exercise of rights at price 2.53 per share.D2022-02-03Director of Issuer8.29k
Charter (Donald Kinloch)Exercise of rights at price 2.53 per share.D2022-02-03Director of Issuer5.11k
Charter (Donald Kinloch)Exercise of rights at price 2.53 per share.D2022-02-03Director of Issuer10.04k
Charter (Donald Kinloch)Exercise of rights at price 2.53 per share.D2022-02-03Director of Issuer10.26k
Dimitrov (Daniella Elena)Acquisition or disposition under a purchase/ownership plan at price 2.98 per share.D2021-12-31Senior Officer of Issuer7.65k
Macdougall (Craig Stephen)Acquisition or disposition under a purchase/ownership plan at price 3.40 per share.D2021-12-31Senior Officer of Issuer17.74k
Stothart, Peter GordonAcquisition or disposition under a purchase/ownership plan at price 3.94 per share.D2021-12-31Senior Officer of Issuer20.39k
Toguyeni, OumarAcquisition or disposition under a purchase/ownership plan at price 3.37 per share.D2021-12-31Senior Officer of Issuer9.04k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Iamgold Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Iamgold Corp

Here is the result of two systematic investment strategies applied to Iamgold Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Iamgold Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Iamgold Corp:

Iamgold Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -38.79% on the backtest period.

Performance at glance

Performance

-38.79 %

Latent gain

-874.02 $

Invested capital

2253.42 $

Annualized return

-9.37 %
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Momentum strategy results on Iamgold Corp

This is the result of two momentum investment strategies applied to Iamgold Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Iamgold Corp

The following chart shows all the entries opened by the momentum investment system on Iamgold Corp:

Iamgold Corp momentum entries
  • The first momentum investment strategy would give -35.17% of return on Iamgold Corp. That represents -2111.67$ of latent gain with 6003.47$ of employed capital.
  • The second momentum investment strategy would give -36.49% of return on Iamgold Corp. That represents -1185.79$ of latent gain with 3249.39$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-35.17 %

Latent gain

-2111.67 $

Invested capital

6003.47 $

Annualized return

-22.37 %
Performance at glance (2Q Momentum)

Performance

-36.49 %

Latent gain

-1185.79 $

Invested capital

3249.39 $

Annualized return

-9.97 %

Momentum equity curve on Iamgold Corp

The following chart shows the equity curve of the two momentum strategies applied to Iamgold Corp:

Iamgold Corp momentum equity

Note: the dividends potentially given by Iamgold Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Iamgold Corp

The following chart shows the employed capital evolution of the two momentum strategies on Iamgold Corp since the beginning:

Iamgold Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Iamgold Corp

Buy the dip entry openings on Iamgold Corp

Iamgold Corp

The performance achieved by the robo-advisor on Iamgold Corp is -47.87%. That represents -119.18$ of latent gain with 248.98$ of employed capital. The following chart shows Iamgold Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Iamgold Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-47.87 %

Latent gain

-119.18 $

Invested capital

248.98 $

Annualized return

-22.37 %

Equity curve of the strategy applied to Iamgold Corp

The following chart shows the result of the investment strategy applied to Iamgold Corp:

Iamgold Corp

Note: the dividends potentially given by Iamgold Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Iamgold Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Iamgold Corp:

Iamgold Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Iamgold Corp

In this section, I will compare the three previous investment strategies applied to Iamgold Corp.

Equity curve comparison on Iamgold Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Iamgold Corp investment strategy comparison

Employed capital comparison on Iamgold Corp

Iamgold Corp investment comparison

Performance comparison on Iamgold Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -38.79% -874.02$ 2253.42$ -9.37%
Momentum 1 quarter -35.17% -2111.67$ 6003.47$ -9.02%
Momentum 2 quarters -36.49% -1185.79$ 3249.39$ -9.97%
Non-directional -47.87% -119.18$ 248.98$ -22.37%
Annualized return comparison

Automatic investment

-9.37 %

Momentum 1Q

-9.97 %

Momentum 2Q

-9.97 %

Non-directional

-22.37 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Iamgold Corp:

Positive correlations

Most correlated stocks this year

  • Iamgold Corp

  • Most correlated stocks last 3 months

  • Viomi Technology Co Ltd
  • Ardelyx Inc
  • Iamgold Corp
  • WESDOME GOLD MINES LTD.
  • Global X Silver Miners ETF

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Iamgold Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Iamgold Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Iamgold Corp
    Country Canada
    City Toronto
    Address 401 Bay Street
    Phone 416 360 4710
    Website www.iamgold.com
    FullTime employees 3300
    Industry Gold
    Sector Basic Materials
    Exchange XNYS
    Ticker IAG
    Market www.nyse.com

    Iamgold Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown