Iamgold Corp (IAG, Financial) has recently experienced a notable uptick in its stock performance, with a 5.68% gain over the past week and an impressive 12.04% gain over the past three months. The company's market capitalization stands at $1.16 billion, and the current stock price is $2.42. This recent price movement has brought the stock to a position where it is considered fairly valued according to the GF Value, which is currently set at $2.3. This is a slight increase from the past GF Value of $2.21, indicating a positive shift in the company's valuation from being modestly overvalued three months ago to its current state.
Introduction to Iamgold Corp
Iamgold Corp, operating in 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 working on the Cote Gold construction project in Canada and the Boto Gold development project in Senegal, alongside various exploration projects. This diversified asset base provides a solid foundation for the company's operations and future growth. 
Assessing Iamgold's Profitability
Iamgold's Profitability Rank stands at 4/10, which reflects its current position within the industry. The company's operating margin is 0.78%, which is better than 47.39% of 861 companies in the same sector. When it comes to return on equity, Iamgold's ROE is 5.84%, surpassing 85.4% of its peers. The return on assets (ROA) is 2.92%, and the return on invested capital (ROIC) is 0.14%, both of which are better than the majority of competitors. Over the past decade, Iamgold has managed to achieve profitability in three years, which is a better performance than 59.39% of 1,209 companies in the industry. 
Growth Trajectory of Iamgold
The company's Growth Rank is currently at 1/10, indicating challenges in its growth metrics. Iamgold has experienced a 3-year revenue growth rate per share of -3.20% and a 5-year rate of -3.60%, which, while not ideal, are still better than 21.38% and 19.31% of companies in the sector, respectively. However, the future looks brighter with an estimated total revenue growth rate of 17.97% over the next 3 to 5 years, which is higher than 89.02% of its peers. The 3-year EPS without NRI growth rate stands at a robust 35.20%, outperforming 79.92% of 1,763 companies. 
Key Stakeholders in Iamgold
Iamgold's stock is held by several notable investors. Donald Smith & Co is the leading holder with 31,419,865 shares, representing 6.53% of the company. Following them is Jim Simons (Trades, Portfolio), holding 15,810,896 shares, which accounts for 3.29%. John Paulson (Trades, Portfolio) also has a stake in the company with 1,850,000 shares, equating to 0.38%.
Competitive Landscape
When compared to its competitors, Iamgold stands within a close range of market capitalizations. OceanaGold Corp (TSX:OGC, Financial) has a market cap of $1.22 billion, Novagold Resources Inc (TSX:NG, Financial) is valued at $1.31 billion, and Dundee Precious Metals Inc (TSX:DPM, Financial) holds a market cap of $1.28 billion. These figures suggest that Iamgold operates in a highly competitive segment with similar-sized players.
Conclusion
In summary, Iamgold Corp's recent stock performance has been positive, with the company now being fairly valued according to the GF Value. The company's profitability metrics, although not leading the industry, show a stable financial position. Growth prospects, particularly in terms of future revenue and EPS, appear promising. The positions held by significant investors like Donald Smith & Co, Jim Simons (Trades, Portfolio), and John Paulson (Trades, Portfolio) indicate a level of confidence in the company's potential. Finally, when juxtaposed with its competitors, Iamgold maintains a competitive stance within the Metals & Mining industry.
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.
