Iamgold Corp (IAG, Financial) has recently demonstrated a notable performance in the stock market, with its market capitalization reaching $1.28 billion. The current stock price stands at $2.64, reflecting a 5.60% gain over the past week and a 10.92% gain over the past three months. This upward trajectory in stock price is particularly significant when considering the company's GF Value, which is currently at $2.4. Three months ago, the GF Value was $2.22, indicating a positive shift in the company's valuation. Both the current and past GF Valuations suggest that Iamgold Corp is fairly valued, aligning the market price with the company's intrinsic value.
Introduction to Iamgold Corp
Iamgold Corp, operating within the Metals & Mining industry, is a mid-tier gold mining company with a global presence in North America, South America, and West Africa. The company's portfolio includes operating mines such as Essakane in Burkina Faso, Rosebel in Suriname, and Westwood in Canada. Additionally, Iamgold is advancing the Cote Gold construction project in Canada and the Boto Gold development project in Senegal, alongside various exploration projects. This strategic mix of assets positions the company for potential growth and development in the mining sector. 
Assessing Iamgold's Profitability
Iamgold's Profitability Rank stands at 4/10, which is a moderate indication of the company's profitability potential. The company's Operating Margin is currently at 0.78%, surpassing 46.75% of 845 companies in the same sector. Furthermore, Iamgold's Return on Equity (ROE) is 5.84%, which is higher than 85.29% of 2475 companies, while its Return on Assets (ROA) at 2.92% outperforms 85.93% of 2679 companies. The Return on Invested Capital (ROIC) is at a modest 0.14%, yet it still ranks better than 82.89% of 2648 companies. Over the past decade, Iamgold has maintained profitability for three years, which is more favorable than 59.5% of 1200 companies in the industry. 
Growth Prospects of Iamgold
The Growth Rank for Iamgold is currently at 3/10, indicating some challenges in the company's growth trajectory. The 3-Year Revenue Growth Rate per Share has decreased by 3.20%, which is still better than 20.68% of 585 companies. Similarly, the 5-Year Revenue Growth Rate per Share has seen a decline of 3.60%, outperforming 19.1% of 513 companies. However, the company's Total Revenue Growth Rate (Future 3Y To 5Y Est) is projected at 11.87%, which is more promising and ranks better than 76.28% of 156 companies. The 3-Year EPS without NRI Growth Rate is an impressive 35.20%, surpassing 80.46% of 1740 companies, suggesting potential for future earnings growth. 
Major Shareholders in Iamgold
The investment landscape of Iamgold is marked by significant holdings from reputable investors. Donald Smith & Co is the leading shareholder with 31,419,865 shares, representing a 6.53% share percentage. Following closely is Jim Simons (Trades, Portfolio), holding 15,810,896 shares, which accounts for 3.29% of the company's shares. John Paulson (Trades, Portfolio) also has a stake in Iamgold, with 1,850,000 shares, equating to a 0.38% share percentage. The confidence of these major holders in Iamgold's potential may serve as a positive signal to other investors.
Competitive Landscape
When compared to its competitors, Iamgold holds a competitive market position. Fortuna Silver Mines Inc (TSX:FVI, Financial) has a market capitalization of $957.955 million, while Novagold Resources Inc (TSX:NG, Financial) and Dundee Precious Metals Inc (TSX:DPM, Financial) have market caps of $1.16 billion and $1.15 billion, respectively. Iamgold's market cap of $1.28 billion suggests that it is performing well within its competitive set.
Conclusion
In summary, Iamgold Corp's recent stock performance has been robust, with a 10.92% gain over the past three months and a current valuation that is in line with its GF Value, indicating that the stock is fairly valued. The company's profitability metrics, although moderate, show promise when compared to industry peers. Growth prospects are mixed, with some areas of decline but strong future revenue and EPS growth estimates. The investment by major holders underscores a level of confidence in the company's future. Finally, Iamgold's market position is solid when compared to its closest competitors, suggesting a stable footing in the industry. These factors combined provide a comprehensive picture of Iamgold's current status and future potential for value investors.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
