IAMGold Corporation

NYSE IAG

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IAMGold Corporation Working Capital Turnover Ratio for the year ending December 31, 2023: 8.23

IAMGold Corporation Working Capital Turnover Ratio is 8.23 for the year ending December 31, 2023, a 651.18% change year over year. The working capital turnover ratio measures the efficiency of a company in utilizing its working capital to generate revenue. It is calculated by dividing the revenue by the working capital. This ratio indicates the number of times the company's working capital is converted into revenue during a specific period. A higher working capital turnover ratio suggests more efficient utilization of working capital in revenue generation.
  • IAMGold Corporation Working Capital Turnover Ratio for the year ending December 31, 2022 was 1.10, a -64.86% change year over year.
  • IAMGold Corporation Working Capital Turnover Ratio for the year ending December 31, 2021 was 3.12, a 166.33% change year over year.
  • IAMGold Corporation Working Capital Turnover Ratio for the year ending December 31, 2020 was 1.17, a 9.56% change year over year.
  • IAMGold Corporation Working Capital Turnover Ratio for the year ending December 31, 2019 was 1.07, a -17.32% change year over year.
NYSE: IAG

IAMGold Corporation

CEO Mr. Bruno Lemelin
IPO Date March 8, 1996
Location Canada
Headquarters 401 Bay Street, Toronto, ON, Canada, M5H 2Y4
Employees 3,600
Sector Basic Materials
Industry Gold
Description

IAMGOLD Corporation, through its subsidiaries, operates as an intermediate gold producer and developer in Canada and Burkina Faso. It owns 100% interest in the Westwood project that covers an area of 1,925 hectare and located in Quebec; a 60% interest in the Côté gold project, which covers an area of 596 square kilometer located in Ontario, Canada; and a 90% interests in the Essakane project that covers an area of 274,000 square kilometer situated in Burkina Faso. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.

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StockViz Staff

September 20, 2024

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