Iamgold Corp (IAG, Financial) has recently witnessed a notable uptick in its stock performance, with a market capitalization now standing at $1.26 billion. The current price of $2.61 reflects a significant 10.59% gain over the past week and an even more impressive 20.83% gain over the past three months. This surge in stock price has brought the company's valuation in line with the GF Value of $2.37, suggesting that the stock is fairly valued. The GF Value, defined by GuruFocus.com, calculates a stock's intrinsic value using historical multiples, past performance adjustments, and future business estimates. Previously, the GF Value stood at $2.22, indicating a positive adjustment and a stable valuation status for IAG as fairly valued both in the past and presently.
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 boasts a portfolio of operating mines, including Essakane, Rosebel, and Westwood, alongside significant development and exploration projects such as the Cote Gold construction project in Canada and the Boto Gold development project in Senegal. This strategic asset base positions Iamgold for potential growth in the mining sector. 
Assessing Iamgold's Profitability
Iamgold's Profitability Rank stands at 4/10, indicating moderate profitability relative to its industry peers. The company's operating margin is currently at 0.78%, which is better than 46.89% of 851 companies in the industry. In terms of return on equity (ROE), Iamgold's 5.84% is better than 85.26% of 2,476 companies, showcasing its ability to generate profits from shareholders' equity. The return on assets (ROA) of 2.92% also ranks better than 85.91% of 2,683 companies, reflecting efficient asset utilization. Furthermore, the return on invested capital (ROIC) at 0.14% surpasses 82.76% of 2,651 companies, although it indicates room for improvement in capital efficiency. Over the past decade, Iamgold has maintained profitability for 3 years, outperforming 59.4% of 1,202 companies. 
Growth Trajectory of Iamgold Corp
Despite a Growth Rank of 1/10, which indicates limited growth relative to the industry, Iamgold has shown some positive signs. The company's 3-Year Revenue Growth Rate per Share of -3.20% and 5-Year Revenue Growth Rate per Share of -3.60% are better than 20.71% and 19.34% of companies, respectively. However, the Total Revenue Growth Rate (Future 3Y To 5Y Est) of 10.73% is more promising, ranking better than 77.56% of companies. The 3-Year EPS without NRI Growth Rate stands at an impressive 35.20%, outperforming 80.38% of companies, indicating potential for future earnings expansion. 
Top Shareholders in Iamgold
Iamgold's shareholder base includes notable investors who have expressed confidence in the company's prospects. Donald Smith & Co is the leading holder with 31,419,865 shares, representing a 6.53% stake. Following closely is Jim Simons (Trades, Portfolio), holding 15,810,896 shares, which equates to a 3.29% share percentage. John Paulson (Trades, Portfolio) also maintains a position with 1,850,000 shares, accounting for 0.38% of the company's shares.
Competitive Landscape
When compared to its competitors, Iamgold's market cap of $1.26 billion positions it closely with Fortuna Silver Mines Inc (TSX:FVI, Financial) at $1.16 billion, Novagold Resources Inc (TSX:NG, Financial) at $1.19 billion, and Dundee Precious Metals Inc (TSX:DPM, Financial) at $1.12 billion. This proximity in market capitalization highlights a competitive environment where Iamgold is holding its own among similar-sized companies in the metals and mining industry.
Conclusion
In summary, Iamgold Corp's recent stock performance and fair valuation according to the GF Value indicate a market consensus on the company's current worth. The company's moderate profitability and promising growth prospects, particularly in EPS, suggest potential for future gains. The confidence shown by significant holders like Donald Smith & Co, Jim Simons (Trades, Portfolio), and John Paulson (Trades, Portfolio) further reinforces the positive outlook for IAG. Finally, Iamgold's competitive stance within the industry, when compared to peers like Fortuna Silver Mines, Novagold Resources, and Dundee Precious Metals, suggests a robust position for the company moving forward.
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.
