Alert: Positive Investment/Fundamental Signals (1/14/25)-IAMGold Corp (NYSE: IAG)

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Extremely important positive changes in investment behavior have recently occurred for IAMGold Corp (NYSE: IAG): the stock rose on very heavy volume, and its shorter term price trend turned up.

Notable positive changes in fundamentals have recently occurred for IAMGold Corp (NYSE: IAG): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

IAMGold has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. IAMGold has a neutral Appreciation Score of 59 but a very high Power Rating of 93, resulting in the Highest Value Trend Rating.

Recent Price Action

On 1/14/25, IAMGold Corp (NYSE: IAG) stock increased 1.6%, closing at $5.56. Moreover, exceptionally high trading volume at 246% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.9% during the last week.

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