Core Viewpoint - IAMGOLD Corporation (NYSE:IAG) is highlighted as a strong investment opportunity in the gold sector, showing significant share price appreciation and positive financial developments [2][3][4]. Financial Performance - IAMGOLD achieved a remarkable return of over 213% in 2025 and approximately 110% over the past six months, reaching a 52-week high of $16.38 on December 12, 2025, and closing at $15.84 [2]. - The company fully repaid the remaining $130 million on its 2nd Lien Term Loan as of December 9, 2025, marking a significant milestone in its balance sheet [3]. Share Buyback Program - The Toronto Stock Exchange approved IAMGOLD's plan to repurchase up to 57 million shares, representing about 9.92% of its public float, from December 12, 2025, to December 11, 2026, funded through operating cash flows [3]. Analyst Ratings - Bank of America raised its price target for IAMGOLD from $16.75 to $18.00, maintaining a "Buy" rating, reflecting positive sentiment from analysts regarding the company's prospects [4]. Company Overview - IAMGOLD is a gold producer with operations and development assets in Canada and Burkina Faso, and it holds interests in the Cote, Westwood, and Essakane projects [5].
IAMGOLD (IAG) Trades Near Its 52-Week Amid Strong Share Price Surge in 2025