Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Has Iamgold (IAG) been one of those stocks this year? A quick glance at the company's year-todate performance in comparison to the rest of the Basic Materials sector should help us answer this question. Iamgold is one of 241 companies in the Basic Materials group. The Basic Materials group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different g ...

IAMGOLD Announces Results of Annual and Special Meeting of ShareholdersMay 29, 2024 5:00 PM EDT | Source: IAMGOLD CorporationToronto, Ontario--(Newsfile Corp. - May 29, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") announces the voting results from the Company's Annual and Special Meeting of Shareholders (the "Meeting") held Wednesday, May 29, 2024. A summary of the results are as follows:Election of DirectorsThe nominees listed on the Management Information C ...

IAMGOLD Corporation (IAG) announced the successful closing of its previously announced bought deal equity financing, raising gross proceeds of $300.24 million. The net proceeds will be used to repurchase a 9.7% interest in the Côté Gold mine from Sumitomo Metal Mining Co. Ltd., a subsidiary of Sumitomo (SSUMY) , thereby restoring its 70% interest in the Côté Gold Mine.IAMGOLD, on May 21, 2024, announced that it entered an agreement with a syndicate of underwriters per which they have agreed to purchase, on ...

IAMGOLD Completes US$300 Million Bought Deal FinancingMay 24, 2024 8:03 AM EDT | Source: IAMGOLD CorporationToronto, Ontario--(Newsfile Corp. - May 24, 2024) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") is pleased to announce the closing of its "bought deal" equity financing of 72,000,000 common shares of the Company (the "Offering"). At a price of US$4.17 per common share, the Company raised aggregate gross proceeds of US$300.24 million pursuant to the Offering. T ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE ON SEDAR+ WITHIN TWO BUSINESS DAYS TORONTO, May 21, 2024 (GLOBE NEWSWIRE) -- IAMGOLD Corporation ("IAMGOLD" or the "Company") today announced that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Markets, BMO Capital Markets and RBC Capital Markets pursuant to which they have agreed to purchase, on a bought deal basis, 72,000,000 common shares of the Company at a price of US$4.17 ...

BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE ON SEDAR+ WITHIN TWO BUSINESS DAYS TORONTO, May 21, 2024 (GLOBE NEWSWIRE) -- IAMGOLD Corporation (“IAMGOLD” or the “Company”) today announced that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Markets, BMO Capital Markets and RBC Capital Markets pursuant to which they have agreed to purchase, on a bought deal basis, 72,000,000 common shares of the Company at a price of US$4.17 ...

Shares of IAMGOLD Corporation (IAG) scaled a new 52-week high of $4.60 on May 20, before ending the session slightly lower at $4.53. The increase was fueled by rising gold prices and IAG’s solid first-quarter production numbers and results. Côté Gold mine commenced production during the quarter, contributing 1,000 ounces to its quarterly output. This marks a milestone for IAG as the mine is expected to significantly boost its production, while lowering the cost profile.IAMGOLD has a market capitalization of ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Penny stocks are a horrible investment. Selling for less than $1 per share, penny stocks are cheap for a reason. Many of the companies don’t even have a product or service consumers can buy. Instead, they try to lure investors in with a story about how big they can get one day.The appeal of penny stocks is understandable, though. Controlling only a handful of shares can make you a killing if the stock moves higher by just a few pennies. Unfortunately, that rarely happens, and most investors who buy penny st ...