Industry Overview - The Zacks Mining – Gold industry is part of the broader Zacks Basic Materials sector, which is expected to see a significant decline in earnings for Q1, projected to fall by 17.8% with a 0.7% decrease in revenues [1] - Gold prices have surged approximately 27% year-to-date, driven by global trade tensions and increased safe-haven demand [3] - Gold reached a record high of $3,500 per ounce on April 22, with a nearly 19% increase in the first quarter [4] Company Performance - Gold mining companies are anticipated to benefit from higher gold prices and improved operational efficiency, despite facing inflationary pressures on input costs [2][5] - Kinross Gold Corporation (KGC) is expected to report earnings of 22 cents, with an Earnings ESP of +11.07% and a Zacks Rank 2, having surpassed estimates in three of the last four quarters [8][9] - Sandstorm Gold Ltd. (SAND) is projected to report earnings of 5 cents, with an Earnings ESP of +6.67% and a Zacks Rank 2, although it has missed estimates in three of the last four quarters [11][12] - IAMGOLD Corporation (IAG) is expected to report earnings of 10 cents, with an Earnings ESP of +9.69% and a Zacks Rank 3, having beaten estimates in three of the last four quarters [13][14] Strategic Actions - Gold miners are focusing on reducing operational costs, improving efficiency, and concentrating on high-grade assets to support margins amid rising costs [5] - Companies are also working on paying down debt and eliminating non-core assets to enhance financial stability [5]

Company Performance - Iamgold (IAG) closed at $7.64, down 1.8% from the previous trading day, underperforming the S&P 500's gain of 2.51% [1] - Over the past month, IAG shares have increased by 30.98%, while the Basic Materials sector and S&P 500 have decreased by 5.46% and 8.86%, respectively [1] Earnings Projections - Iamgold is expected to release earnings on May 6, 2025, with projected earnings per share (EPS) of $0.10, indicating a 9.09% decrease from the same quarter last year [2] - Full-year Zacks Consensus Estimates predict earnings of $0.64 per share and revenue of $2.29 billion, representing year-over-year increases of 16.36% and 40.03%, respectively [3] Analyst Sentiment - Recent shifts in analyst projections for Iamgold are important to monitor, as upward revisions indicate positive sentiment regarding the company's business operations [4] - The Zacks Rank system, which incorporates estimate changes, currently rates Iamgold at 3 (Hold) [6] Valuation Metrics - Iamgold has a Forward P/E ratio of 12.09, which is lower than the industry's average Forward P/E of 15.76 [7] - The company has a PEG ratio of 0.42, compared to the average PEG ratio of 0.64 for Mining - Gold stocks [7] Industry Context - The Mining - Gold industry is part of the Basic Materials sector, holding a Zacks Industry Rank of 143, placing it in the bottom 43% of over 250 industries [8]

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 ...

Core Viewpoint - Gold stocks are gaining traction as a hedge against market volatility caused by ongoing tariff disputes, with significant price increases observed in several gold mining companies [1][3][4]. Gold Market Performance - Gold prices increased by over 3% as investors sought safe-haven assets amid stock market sell-offs triggered by tariffs [3][4]. - Gold stocks, particularly those of companies with strong operational performances, have rallied due to the direct impact of rising gold prices on their financials [5]. Company Highlights - Newmont Corporation, the world's second-largest gold company, saw its shares rise by 8.8% with a market capitalization of $52.2 billion [2]. - Harmony Gold reported a 19% increase in revenue and a 33% surge in net income, despite a 4% drop in production, with cash flow from operations increasing by 46% year-over-year [6]. - AngloGold Ashanti's revenue jumped 26% in 2024, leading to a net profit of $1 billion compared to a net loss of $222 million in 2023, with a dividend yield of 4.1% [7]. - Iamgold Corp experienced a 43% increase in gold production and a 65% rise in revenue to $1.6 billion in 2024, projecting further growth in 2025 [10]. - Newmont Mining reported a net income of $3.4 billion in 2024, recovering from a net loss of $2.5 billion in 2023, and generated $6.3 billion in cash flow from operations [11]. Future Outlook - The year 2025 is anticipated to be significant for gold mining companies, with expectations of continued growth driven by rising gold prices amid ongoing trade tensions [12].

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]