IAMGold Dividend Yield vs Book Value Per Share Analysis

IMG Stock  CAD 7.48  0.51  6.38%   
IAMGold financial indicator trend analysis is infinitely more than just investigating IAMGold recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IAMGold is a good investment. Please check the relationship between IAMGold Dividend Yield and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.

Dividend Yield vs Book Value Per Share

Dividend Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IAMGold Dividend Yield account and Book Value Per Share. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IAMGold's Dividend Yield and Book Value Per Share is 0.41. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of IAMGold, assuming nothing else is changed. The correlation between historical values of IAMGold's Dividend Yield and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of IAMGold are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Dividend Yield i.e., IAMGold's Dividend Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Dividend Yield

Dividend Yield is IAMGold dividend as a percentage of IAMGold stock price. IAMGold dividend yield is a measure of IAMGold stock productivity, which can be interpreted as interest rate earned on an IAMGold investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from IAMGold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IAMGold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.At this time, IAMGold's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Multiple is likely to grow to 7.77, while Selling General Administrative is likely to drop about 32.7 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses172.1M82.6M95.6M88.9M
Cost Of Revenue1.1B810.9M863M583.5M

IAMGold fundamental ratios Correlations

0.520.380.440.90.560.12-0.110.310.640.510.960.20.560.810.530.220.130.530.350.80.410.670.850.850.83
0.520.490.840.310.670.770.52-0.20.79-0.040.530.03-0.040.450.840.00.020.880.790.330.050.210.270.50.59
0.380.490.520.240.10.320.250.140.3-0.090.270.2-0.10.140.28-0.10.210.380.310.510.070.030.010.120.13
0.440.840.520.190.620.910.44-0.310.9-0.010.460.03-0.060.440.780.250.00.90.940.28-0.170.170.280.520.53
0.90.310.240.190.34-0.15-0.380.60.430.630.840.430.710.610.230.210.360.230.10.780.640.740.750.780.65
0.560.670.10.620.340.550.58-0.220.74-0.10.66-0.5-0.060.550.9-0.08-0.550.850.70.160.150.220.550.640.65
0.120.770.320.91-0.150.550.59-0.520.78-0.240.19-0.13-0.320.230.710.16-0.140.810.95-0.08-0.38-0.05-0.010.280.33
-0.110.520.250.44-0.380.580.59-0.460.23-0.820.04-0.67-0.81-0.090.58-0.51-0.630.560.53-0.42-0.16-0.47-0.18-0.150.0
0.31-0.20.14-0.310.6-0.22-0.52-0.46-0.220.290.280.50.38-0.23-0.41-0.120.5-0.39-0.390.270.690.370.130.03-0.2
0.640.790.30.90.430.740.780.23-0.220.270.650.040.240.660.830.39-0.030.90.90.43-0.050.460.550.780.74
0.51-0.04-0.09-0.010.63-0.1-0.24-0.820.290.270.350.560.980.51-0.030.660.48-0.02-0.130.740.10.720.520.550.47
0.960.530.270.460.840.660.190.040.280.650.350.080.410.760.570.140.020.560.430.610.430.590.840.830.8
0.20.030.20.030.43-0.5-0.13-0.670.50.040.560.080.530.02-0.360.430.99-0.25-0.120.420.210.350.040.180.05
0.56-0.04-0.1-0.060.71-0.06-0.32-0.810.380.240.980.410.530.52-0.040.540.45-0.05-0.170.760.270.760.560.570.48
0.810.450.140.440.610.550.23-0.09-0.230.660.510.760.020.520.580.36-0.070.570.410.70.10.550.80.880.97
0.530.840.280.780.230.90.710.58-0.410.83-0.030.57-0.36-0.040.580.06-0.410.980.780.28-0.110.170.480.60.68
0.220.0-0.10.250.21-0.080.16-0.51-0.120.390.660.140.430.540.360.060.360.120.190.36-0.440.390.310.450.35
0.130.020.210.00.36-0.55-0.14-0.630.5-0.030.480.020.990.45-0.07-0.410.36-0.29-0.150.350.20.29-0.040.08-0.04
0.530.880.380.90.230.850.810.56-0.390.9-0.020.56-0.25-0.050.570.980.12-0.290.870.3-0.130.180.440.60.67
0.350.790.310.940.10.70.950.53-0.390.9-0.130.43-0.12-0.170.410.780.19-0.150.870.06-0.190.140.250.510.51
0.80.330.510.280.780.16-0.08-0.420.270.430.740.610.420.760.70.280.360.350.30.060.270.650.620.670.65
0.410.050.07-0.170.640.15-0.38-0.160.69-0.050.10.430.210.270.1-0.11-0.440.2-0.13-0.190.270.40.260.250.13
0.670.210.030.170.740.22-0.05-0.470.370.460.720.590.350.760.550.170.390.290.180.140.650.40.550.650.53
0.850.270.010.280.750.55-0.01-0.180.130.550.520.840.040.560.80.480.31-0.040.440.250.620.260.550.830.79
0.850.50.120.520.780.640.28-0.150.030.780.550.830.180.570.880.60.450.080.60.510.670.250.650.830.91
0.830.590.130.530.650.650.330.0-0.20.740.470.80.050.480.970.680.35-0.040.670.510.650.130.530.790.91
Click cells to compare fundamentals

IAMGold Account Relationship Matchups

IAMGold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.2B4.0B4.4B4.5B2.7B
Short Long Term Debt Total467.3M533.4M530M992.5M952.1M999.7M
Other Current Liab18.5M27.9M58.7M338.3M46.4M59.2M
Total Current Liabilities266M334.8M581.7M646.2M630.8M662.3M
Total Stockholder Equity2.3B2.5B2.2B2.1B2.2B1.8B
Property Plant And Equipment Net2.3B2.4B2.6B2.7B3.5B3.7B
Net Debt(363.3M)(408.1M)(14.9M)584.7M585M614.3M
Retained Earnings(350.2M)(307.9M)(562.2M)(632.4M)(538.3M)(511.4M)
Accounts Payable211.9M244.7M304.4M294.1M317.6M333.5M
Cash830.6M941.5M544.9M407.8M367.1M352.1M
Non Current Assets Total2.6B2.8B3.0B2.9B3.8B2.0B
Non Currrent Assets Other307.3M333M325.8M203M238.6M282.2M
Cash And Short Term Investments836.7M947.5M552.5M407.8M367.1M387.0M
Common Stock Shares Outstanding468M478M476.5M478.6M484.6M317.7M
Liabilities And Stockholders Equity3.9B4.2B4.0B4.4B4.5B2.7B
Non Current Liabilities Total1.2B1.3B1.1B1.6B1.6B1.7B
Other Current Assets45.6M120.7M96.5M30.4M53.7M43.9M
Other Stockholder Equity54M60.6M59.1M58.2M59.2M56.2M
Total Liab1.4B1.6B1.7B2.2B2.3B2.4B
Property Plant And Equipment Gross2.3B2.4B6.6B5.7B6.8B7.2B
Total Current Assets1.3B1.4B951.1M1.5B753.7M700.5M
Accumulated Other Comprehensive Income(44.5M)(5.3M)23.8M(21.3M)(47M)(44.7M)
Short Term Debt18M25.9M28.9M13.8M26.1M49.4M
Net Receivables72.2M120.7M96.5M83M66.6M66.2M
Inventory308.5M327.3M302.1M199.9M266.3M166.0M
Other Assets288.3M304.8M313M259.5M298.4M270.8M
Common Stock Total Equity2.7B2.7B2.7B2.7B3.1B2.3B
Common Stock2.7B2.7B2.7B2.7B2.7B2.4B
Short Term Investments127.2M119.5M6.1M6M7.6M0.0
Other Liab728M766.5M571.7M593.4M682.4M608.9M
Net Tangible Assets2.3B2.5B2.2B2.1B1.9B1.9B
Long Term Debt403.9M458.7M456.9M910M825.8M624.1M
Long Term Investments23.4M31.6M45.1M8.1M16.2M15.4M
Property Plant Equipment2.3B2.4B2.6B2.6B2.4B2.0B
Long Term Debt Total449.3M507.5M501.1M978.7M1.1B596.7M

Pair Trading with IAMGold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IAMGold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IAMGold will appreciate offsetting losses from the drop in the long position's value.

Moving together with IAMGold Stock

  0.76AG First Majestic SilverPairCorr
The ability to find closely correlated positions to IAMGold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IAMGold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IAMGold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IAMGold to buy it.
The correlation of IAMGold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IAMGold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IAMGold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IAMGold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether IAMGold is a strong investment it is important to analyze IAMGold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAMGold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Please note, there is a significant difference between IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.