IAMGOLD Corporation (NYSE:IAG) is one of the 13 Best Gold Mining Companies to Invest In Now. On December 22, IAMGOLD Corporation (NYSE:IAG) announced that it has acquired all of the issued and outstanding common shares of Mines D’Or Orbec Inc. This acquisition adds the highly prospective Muus Project, which sits next to IAMGOLD Corporation’s (NYSE:IAG) Nelligan and Monster Lake Projects in the Chibougamau region of Quebec, Canada. Previously, on December 19, IAMGOLD Corporation (NYSE:IAG) reported that i ...

Core Insights - Pale Fire Capital SE has increased its stake in IAMGOLD Corporation by purchasing 2.61 million shares, raising its total holding to 3.93 million shares valued at approximately $50.83 million as of September 30 [2][3][6] - IAMGOLD's stock price has surged by 242% over the past year, significantly outperforming the S&P 500, which has risen about 15% in the same timeframe [4] - IAMGOLD Corporation operates a vertically integrated mining business model, focusing on gold extraction, processing, and sales from various mining assets across North America, South America, and West Africa [5][8] Company Overview - IAMGOLD's current stock price is $17.61, with a market capitalization of $10.44 billion and a revenue of $2.23 billion over the trailing twelve months (TTM) [5] - The company reported a net income of $344 million TTM, indicating a strong financial performance [5] - IAMGOLD's primary revenue sources include the Rosebel, Essakane, Westwood, and Côté gold projects, showcasing a diversified asset base [5][8] Investment Implications - The increase in IAMGOLD's stake by Pale Fire Capital SE reflects confidence in the company's operational execution and its ability to capitalize on higher gold prices without the leverage risks faced in previous cycles [9][10] - The shift in IAMGOLD's operational narrative from survival to execution suggests a more stable production profile, which is likely to attract further investment [10] - IAMGOLD's positioning within a portfolio heavily tilted toward cyclical and commodity-linked names indicates its complementary role in the current market environment [11]

Core Insights - IAMGOLD Corporation has successfully completed the acquisition of Mines D'Or Orbec, enhancing its asset portfolio in Quebec after receiving court approval [2][9] - The acquisition strengthens IAMGOLD's Nelligan Mining Complex, which is now one of the largest pre-production gold projects in Canada [3][9] - The Muus Project, part of the acquisition, is strategically located at the intersection of two major mineralized structures, enhancing exploration potential [4][9] Company Developments - IAMGOLD plans to increase drilling activity at the Muus Project starting next year, supporting long-term growth through an expanded exploration program [5][9] - The company's shares have experienced a significant increase of 234.2% over the past year, outperforming the industry average of 154.3% [6] Market Position - IAMGOLD currently holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence in the company's prospects [7] - Other top-ranked stocks in the Basic Materials sector include Kinross Gold Corporation, Fortuna Mining Corp., and Equinox Gold Corp., with varying Zacks Ranks [10]

Core Viewpoint - Iamgold (IAG) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. Company Performance and Outlook - The upgrade for Iamgold reflects an improvement in the company's underlying business, which is expected to drive the stock price higher as investors recognize this trend [4]. - Iamgold is projected to earn $0.89 per share for the fiscal year ending December 2025, with a 15.9% increase in the Zacks Consensus Estimate over the past three months [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [8][9].

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Dec. 23: Valero Energy Corporation (VLO) : This petroleum company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days. Valero Energy Corporation’s shares gained 22.1% over the last three months compared with the S&P 500’s decline of 13.2%. The company possesses a Momentum Score of A. Suncor Energy Inc. (SU) : This energy comp ...

All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - December 22, 2025) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce that the Company has completed the previously announced plan of arrangement (the "Transaction") to acquire all of the issued and outstanding common shares of Mines D'Or Orbec Inc. (TSXV: BLUE) (OTC Pink: BLTMF) ("Orbec"). A final order was granted by the Ontario Superior Court of ...

Taylor Dart is an individual investor with over 16 years of trading experience, with his primary focus being precious metals developers, producers and royalty/streaming companies. Taylor leads the investing group Alluvial Gold Research, where he offers portfolios with entry/exit points, Buy/Sell alerts, and proprietary sentiment indicators for gold and silver miners. Learn more. - Disclosure: I am not a financial advisor. All articles are my opinion - they are not suggestions to buy or sell any securities. ...

Key Takeaways IAG closed the buyout of Northern Superior, forming the Nelligan Mining Complex from the combined projects.IAG estimates 3.75 Moz Measured and Indicated and 8.65 Moz Inferred gold resources for the complex.IAMGOLD adds 70,636 hectares of claims, more than doubling landholdings, with cash and share consideration.IAMGOLD Corp. (IAG) announced that it closed its previously announced deal to acquire all of the issued and outstanding common shares of Northern Superior Resources Inc. The addition of ...

Toronto, Ontario--(Newsfile Corp. - December 22, 2025) - Mines D'Or Orbec Inc. (TSXV: BLUE) (OTC Pink: BLTMF) ("Orbec" or the "Company") is pleased to announce the successful completion of the previously announced plan of arrangement under the Business Corporations Act (Ontario) with IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD") (the "Transaction").As a result of the completion of the Transaction, IAMGOLD acquired all of the issued and outstanding common shares in the capital of Orbec (each an "Or ...

Core Viewpoint - IAMGOLD Corporation has successfully completed the acquisition of Northern Superior Resources Inc., enhancing its position in the Canadian gold mining sector with the Nelligan Mining Complex now being one of the largest pre-production gold projects in Canada [1][2]. Company Overview - IAMGOLD is an intermediate gold producer and developer based in Canada, operating mines in North America and West Africa, including the Côté Gold Mine, which achieved full nameplate capacity in June 2025 [3]. - The company employs approximately 3,700 people and is committed to high standards of Environmental, Social, and Governance practices [3]. Transaction Details - The acquisition involved IAMGOLD acquiring all issued and outstanding common shares of Northern Superior, making it a wholly-owned subsidiary [1][2]. - Former Northern Superior shareholders will receive a combination of 0.0991 IAMGOLD common shares and C$0.19 in cash for each NSUP Share held [2]. - The transaction also included a distribution of ONGold Resources Ltd. shares previously held by Northern Superior [2]. Future Plans - IAMGOLD aims to accelerate its exploration program in the Chibougamau-Chapais region of Quebec, focusing on expanding mineralization at Nelligan, Philibert, and Monster Lake [2].