Shareholders Beware: Unusual Trading Activity in IAMGOLD Shareholders beware! Over the past few days, some strange trading has been going on with the IAMGOLD trading volumes. For example, yesterday, over 2.4 million shares were traded at the low range for the day, then as the day before, the share price bounced back! This trading volume for the day is way below the normal trading range. I’m just speculating, but in my opinion, I see several possibilities for the erratic trading: a large hedge fund is playing games and loading up, or some potential buyer is loading up at these low prices, or is this just regular retail investors buying? The pattern of trading just isn’t normal with the company releasing spectacular news about a breakout year in 2024 and a promising outlook for 2025!
At this moment, the gold price is up $21.80 and the bid is $2,719—yikes! And the trading volume is back to normal! For the past while, we have seen both the share price and gold price move in tandem, and this has been the norm. Let’s hope this trading pattern continues in 2025.
Shareholders, as I have said, buckle up—it’s going to be a turbulent ride in 2025! Don’t worry about the volatility; just navigate with the ups and downs.