The IAG share price continues its rebound and is within touching distance of its all-time high. It was trading at 410p, its highest point since February 2020. ...

Under the transaction, Northern Superior’s shareholders will receive 0.0991 of an Iamgold share and 19 cents in cash for each common share of Northern Superior. The offer implies a total value of $2.05 per Northern Superior share, based on the closing price of the Iamgold shares on the Toronto Stock Exchange on Oct. 17. The transaction will also include a concurrent distribution to Northern Superior’s shareholders of all the shares in ONGold Resources Ltd. currently held by Northern Superior.Under a second ...

QUEBEC CITY--(BUSINESS WIRE)--iA Financial Group (iA Financial Corporation Inc. (TSX: IAG) will disclose its 2025 third quarter earnings results on Tuesday, November 4, 2025, after market close. Management will discuss the results during a conference call to be held the following day, at 9:00 a.m. (ET). Everyone is invited to attend the conference call by joining via one of the following means: Live Webcast: Click here (https://www.gowebcasting.com/14358) or go to the iA Financial Group website. ...

Winter drilling at Nelligan Credit: Vanstar Mining Canadian miner Iamgold (TSX: IMG; NYSE: IAG) announced a pair of acquisitions that would more than triple its footprint in northern Quebec’s Chibougamau region.Iamgold agreed to buy Northern Superior Resources (TSXV: SUP) for C$2.05 in cash and stock per Northern Superior share in a transaction valued at about C$267.4 million, according to a statement issued Monday. The Toronto-based company also said it’s reached a C$17.2 million deal to acquire Mines D’Or ...

Brossard, Québec--(Newsfile Corp. - October 20, 2025) - Mines d'Or Orbec Inc. (TSXV: BLUE) (OTC Pink: BLTMF) ("Orbec" or the "Company") is pleased to announce that it has entered into a definitive arrangement agreement dated October 19, 2025 (the "Arrangement Agreement") with IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD") pursuant to which IAMGOLD has agreed to acquire all of the issued and outstanding common shares of Orbec (each, an "Orbec Share") by way of a court-approved plan of arrangement un ...

Core Viewpoint - IAMGOLD Corporation has entered into a definitive agreement to acquire Northern Superior Resources Inc., consolidating significant mining assets in Quebec, Canada, and enhancing its position as a leading mid-tier gold producer [3][4][9]. Transaction Details - The acquisition will involve Northern Superior's shareholders receiving 0.0991 IAMGOLD shares and C$0.19 in cash for each Northern Superior share, totaling C$2.05 per share, which represents a transaction value of approximately $267.4 million and a premium of 27.4% based on the 20-day volume-weighted average prices as of October 17, 2025 [5][7]. - Upon completion, IAMGOLD and Northern Superior shareholders are expected to own approximately 97% and 3% of the combined company, respectively [6]. Asset Consolidation - The transaction will combine Northern Superior's significant land package and deposits, including Philibert, Chevrier, and Croteau, with IAMGOLD's Nelligan and Monster Lake projects, creating the Nelligan Mining Complex [4][7]. - The Nelligan Mining Complex is estimated to host Measured and Indicated Mineral Resources of 3.75 million ounces of gold and Inferred Mineral Resources of 8.65 million ounces of gold, positioning it as one of the largest pre-production gold camps in Canada [4][7]. Strategic Importance - This acquisition aligns with IAMGOLD's strategy to enhance its organic growth pipeline in Quebec, where it has a longstanding presence, and is expected to accelerate exploration programs in the region [9]. - The close proximity of the primary deposits supports the vision of a central processing facility that can be fed from multiple ore sources within a 17-kilometre radius [4][7]. Future Outlook - The transaction is expected to close in the fourth quarter of 2025 or the first quarter of 2026, subject to shareholder and court approvals, as well as other customary closing conditions [12][13].

Core Viewpoint - Iamgold (IAG) has experienced a significant share price movement, with a recent decline of 8.74%, while showing a strong monthly increase of 32.97% compared to the Basic Materials sector and S&P 500 [1][2]. Company Performance - Iamgold is expected to release its earnings on November 4, 2025, with analysts predicting earnings of $0.2 per share, reflecting an 11.11% year-over-year growth [2]. - The full-year Zacks Consensus Estimates for Iamgold indicate earnings of $0.75 per share and revenue of $2.6 billion, representing year-over-year changes of +36.36% and +59.22%, respectively [3]. Analyst Estimates - Recent modifications to analyst estimates for Iamgold are crucial as they indicate changing business trends, with positive revisions suggesting an optimistic outlook [3][4]. - The Zacks Rank system, which evaluates estimate changes, currently ranks Iamgold at 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 7.82% in the past month [5]. Valuation Metrics - Iamgold is trading at a Forward P/E ratio of 19.61, which is higher than the industry average of 17.63, indicating a premium valuation [6]. - The company has a PEG ratio of 0.51, compared to the Mining - Gold industry's average PEG ratio of 0.88, suggesting a favorable growth outlook relative to its valuation [6]. Industry Context - The Mining - Gold industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 47, placing it in the top 20% of over 250 industries, indicating strong performance potential [7].

Summary of North American Metals & Mining Conference Call Industry Overview - **Industry**: North American Precious Metals - **Key Commodities**: Gold and Silver Core Insights and Arguments 1. **Price Forecasts**: - Gold is projected to reach **$5,000/oz** and silver to **$65/oz** in the next 12-18 months, with 2026 average forecasts for gold raised by **18%** to **$4,329/oz** and silver by **29%** to **$54.88/oz** [1][10][11] - Investment demand for gold is expected to increase by **14%** in 2026, similar to the current year [2] 2. **Market Dynamics**: - Key conditions supporting gold price strength include: - US structural deficit - Inflationary pressures from deglobalization - Threats to the independence of the US central bank - Ongoing global geopolitical tensions [1] 3. **Investment Trends**: - ETF purchases of gold surged by **880% YoY** in September, reaching an all-time high of **$14 billion** [2] - Total physical and paper gold investment has nearly doubled, exceeding **5%** of global equity and fixed income markets [2] 4. **Risks to Monitor**: - Supreme Court ruling on President Trump's tariffs - Potential hawkish pivot from the Federal Reserve if economic data improves - Outcomes of the US mid-term elections affecting economic policy implementation [2] Company-Specific Updates 1. **Net Asset Value (NAV) and Price Objectives (PO)**: - NAV estimates for North American Precious Metals coverage increased by **10%**, with average POs raised by **16%** [3][19] - IAMGOLD (IAG) saw the largest PO increase of **49%** to **$16.75** per share, reflecting improved jurisdictional risk [3][15] - SSR Mining (SSRM) PO raised by **41%** to **$18.00** per share, despite an Underperform rating due to uncertainties regarding Çöpler mine [3][15] 2. **Top Picks**: - Agnico Eagle Mines (AEM) is highlighted as the top pick due to its strong track record and growth projects [4] - Pan American Silver (PAAS) is favored for balanced exposure to silver and gold [4] 3. **EBITDA Revisions**: - Average EBITDA estimates for 2026 and 2027 increased by **25%** and **18%**, respectively, driven by revised commodity price forecasts [20] 4. **Valuation Multiples**: - Target multiples for IAMGOLD and SSR Mining adjusted to **1.60x** and **1.00x**, respectively, reflecting improved performance and market conditions [15][16] Additional Important Information - The report indicates potential conflicts of interest due to BofA Securities' business relationships with covered issuers [6] - The document includes various disclosures and certifications relevant to the research [5][6] This summary encapsulates the key points from the conference call, focusing on industry trends, company-specific updates, and potential investment opportunities and risks.

Core Insights - IAMGOLD Corporation (NYSE:IAG) is recognized as one of the best gold stocks to buy according to hedge funds, with a recent price target increase from $9 to $13 by Raymond James while maintaining a Market Perform rating [1][2] - The price target adjustment is attributed to raised gold and silver price forecasts based on recent price trends and strong year-to-date performance [2] - Analysts maintain a positive outlook on IAMGOLD, with a 12-month median price target indicating a potential upside of 10.35% from current levels [3] Company Overview - IAMGOLD Corporation is a Canadian intermediate gold producer and developer with operations in North America and West Africa [4]

Core Insights - Gold prices are nearing the unprecedented $4,200 mark, with significant operational improvements noted in mid-tier gold mining companies Iamgold Corp. and SSR Mining Inc. [1] Group 1: Gold Price and Market Context - As of the publication, gold prices were at $4,130.71 per ounce, reflecting a 55.78% increase over the year and a 28.61% rise in the last six months [6] - The S&P 500 index, Nasdaq 100, and Dow Jones indices also experienced gains, indicating a positive market environment [6] Group 2: Company Performance - Iamgold's quality percentile improved from 89.93 to 91.00, a week-on-week increase of 1.07, with the stock up 142.83% year-to-date and 184.07% over the past year [7] - SSR Mining's quality percentile rose from 88.24 to 89.33, gaining 1.09 over the week, with a year-to-date increase of 227.58% and a 309.76% rise over the year [7] Group 3: Quality Rankings - Quality rankings are based on a percentile metric that evaluates profitability, balance sheet strength, and performance relative to peers, indicating consistent operational upgrades [5] - Movement into the top decile of quality rankings signifies resilience and long-term operational improvements [5]