The most recent trading session ended with Iamgold (IAG) standing at $7.64, reflecting a -1.8% shift from the previouse trading day's closing. This change lagged the S&P 500's 2.51% gain on the day. On the other hand, the Dow registered a gain of 2.66%, and the technology-centric Nasdaq increased by 2.71%.Coming into today, shares of the gold and niobium mining company had gained 30.98% in the past month. In that same time, the Basic Materials sector lost 5.46%, while the S&P 500 lost 8.86%.The investment c ...

IAMGOLD TodayIAGIAMGOLD$6.86 +0.36 (+5.45%) 52-Week Range$3.44▼$7.17P/E Ratio4.73Price Target$7.23Add to WatchlistIAMGOLD Corporation NYSE: IAG shares have captured significant investor attention during the past month, registering a rally accompanied by exceptionally high trading volume. This pronounced market activity signals strong buying interest, consistently placing IAMGOLD on the top daily percentage gainer and highest daily volume watch lists.   IAMGOLD's stock surge is happening within a generally ...

IAMGOLD Provides Notice of First Quarter 2025 Results and Conference CallApril 09, 2025 5:00 PM EDT | Source: IAMGOLD CorporationToronto, Ontario--(Newsfile Corp. - April 9, 2025) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its first quarter 2025 operating and financial results after market hours on Tuesday, May 6, 2025. Senior management will host a conference call to discuss the operating performance and financial resul ...

IAMGOLD Files Technical Report for The Nelligan Gold ProjectApril 03, 2025 5:12 PM EDT | Source: IAMGOLD CorporationToronto, Ontario--(Newsfile Corp. - April 3, 2025) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") announces that the Company has filed a technical report for the Nelligan Gold Project ("Nelligan" or the "Project"), titled "NI 43-101 Technical Report on the Nelligan Gold Project, Québec" (the "2025 Technical Report on Nelligan") dated April 2, 2025.The 2 ...

IAMGOLD Form 40-F Filed on EDGAR; AIF Filed on SEDARMarch 21, 2025 5:10 PM EDT | Source: IAMGOLD CorporationToronto, Ontario--(Newsfile Corp. - March 21, 2025) - IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) ("IAMGOLD" or the "Company") announces that it has filed with the U.S. Securities and Exchange Commission its Form 40-F report consisting of its 2024 annual audited financial statements, management discussion and analysis and the annual information form ("AIF"). These filings are available th ...

Core Insights - The article introduces Joshua Tranchant as a new contributing analyst for Seeking Alpha, inviting others to share investment ideas for publication and potential earnings [1] Group 1 - The analyst specializes in European Value and Growth investing, focusing on competitive financial analysis and DCF modeling [2] - The approach involves identifying companies on the brink of bankruptcy and assessing their restructuring plans and market positions to uncover investment opportunities [2] - The analysis combines macroeconomic factors with a deep understanding of revenue streams and their growth potential [2] Group 2 - The analyst holds a long position in ICAGY shares, indicating a positive outlook on the stock [3] - The article emphasizes that past performance does not guarantee future results, highlighting the importance of independent analysis [3] - Seeking Alpha clarifies that its analysts are third-party authors, which may include both professional and individual investors [3]

Core Insights - The article does not provide specific insights into any companies or industries, focusing instead on disclaimers and disclosures related to investment advice and positions held by the author [1][2][3] Group 1 - The author has no stock, option, or similar derivative positions in any of the companies mentioned and has no plans to initiate such positions within the next 72 hours [1] - The writing is for informational purposes only and does not constitute an offer to sell or a recommendation regarding any securities transaction [2] - Past performance is not a guarantee of future results, and no specific investment advice is being provided [3]

Core Viewpoint - Iamgold Corp. (IAG) reported mixed financial results for the fourth quarter of 2024, with adjusted earnings per share (EPS) of 10 cents, missing the Zacks Consensus Estimate of 13 cents, while revenues increased significantly year over year. Financial Performance - IAG's revenues for Q4 2024 reached $470 million, marking a 57.9% increase year over year, driven by higher sales volume and prices [2] - The company reported attributable gold production of 177,000 ounces for the quarter, up 30.1% year over year, with sales matching production figures [3] - The cost of sales was $339 million, an increase of 36.8%, while gross profit surged 162.9% year over year to $130.9 million, resulting in a gross margin of 27.9%, up from 16.7% in the prior year [4] Cash Flow and Balance Sheet - Net cash from operating activities was $103 million in Q4 2024, up from $69.9 million in the prior-year quarter [5] - Cash and cash equivalents stood at $347.5 million as of December 31, 2024, down from $367 million a year earlier [5] Annual Performance - For the full year 2024, IAG posted adjusted earnings of 55 cents per share, missing the Zacks Consensus Estimate of 57 cents, while revenues increased 65.4% year over year to $1.63 billion, surpassing the estimate of $1.62 billion [6] Stock Performance - IAG's shares have increased by 111% over the past year, outperforming the industry growth of 56.8% [7]

IAMGOLD Corporation (NYSE:IAG) Q4 2024 Earnings Conference Call February 21, 2025 8:30 AM ET Company Participants Graeme Jennings - Vice President, Investor Relations and Corporate Communications Renaud Adams - President and Chief Executive Officer Maarten Theunissen - Chief Financial Officer Bruno Lemelin - Chief Operating Officer Conference Call Participants Anita Soni - CIBC World Markets Tanya Jakusconek - Scotiabank Operator Thank you for standing by. This is the conference operator. Welcome to the IAM ...

Core Viewpoint - IAMGOLD Corporation reported significant growth in gold production and financial performance for the year ended December 31, 2024, driven by the successful ramp-up of the Côté Gold mine and strong operations at Essakane and Westwood [3][4][6]. Financial Performance - Total attributable gold production for 2024 was 667,000 ounces, a 43% increase from the previous year, aligning with the raised guidance estimates [3][4]. - Revenues reached a record $1,633 million from sales of 699,000 ounces at an average realized gold price of $2,330 per ounce [4][17]. - Net earnings attributable to equity holders were $819.6 million for the year, with adjusted net earnings per share of $0.55 [17][18]. - Cash flow from operating activities was $486 million for the year, with mine-site free cash flow of $385.1 million [17][18]. Production Highlights - Côté Gold produced 124,000 attributable ounces in its first nine months of operation, achieving commercial production on August 1, 2024 [3][48]. - Essakane produced 409,000 attributable ounces for the year, achieving the top end of its production guidance [4][6]. - Westwood exceeded its production guidance with 134,000 ounces for the full year [4][6]. Cost Metrics - Cost of sales per ounce sold, excluding Côté, was $1,181 for the year, while including Côté, it was $1,156 [4][17]. - All-in sustaining costs (AISC) per ounce sold, excluding Côté, was $1,725 for the year, trending toward the low end of guidance [4][17]. - Cash costs per ounce sold, excluding Côté, were $1,176 for the year [4][17]. Outlook for 2025 - Attributable gold production is expected to be between 735,000 to 820,000 ounces, driven by the ramp-up of Côté Gold and continued strong production from Essakane and Westwood [6][20]. - Cash cost guidance for 2025 is set at $1,200 to $1,350 per ounce sold, with AISC guidance of $1,625 to $1,800 per ounce sold [22][23]. - Capital expenditures for 2025 are expected to total $310 million, with $290 million categorized as sustaining capital [27][28]. Mineral Reserves and Resources - Proven and Probable Mineral Reserves total 10.7 million ounces of gold, with a 3% decrease from the previous year [9][11]. - Measured and Indicated Mineral Resources increased by 3% to 26.7 million ounces [9][11]. - The Nelligan Project saw a 56% increase in Indicated ounces, reflecting ongoing exploration success [9][11]. Health and Safety - The total recordable injuries frequency rate (TRIFR) improved to 0.63, marking the third consecutive year of improvement [34][36]. Environmental and Social Governance - The company is committed to high standards of Environmental, Social, and Governance practices, focusing on water stewardship and biodiversity [33][37]. - Community investment strategies are being developed to enhance engagement with local communities [41][45].