Can IAMGOLD's Dual Chibougamau Buyouts Fulfill its Growth Ambition?

Core Insights - IAMGOLD Corp. has completed two significant acquisitions that enhance its land position and resource base in the Chibougamau-Chapais mining district of Quebec, Canada, positioning it as a key player in North America's gold exploration and development sector [2]. Group 1: Acquisitions - On December 19, 2025, IAMGOLD finalized the acquisition of Northern Superior Resources Inc., consolidating key deposits Philibert, Chevrier, and Croteau with its Nelligan and Monster Lake projects, valuing the deal at approximately C$267.4 million [3]. - The combined assets, now known as the Nelligan Mining Complex, are estimated to contain around 3.75 million ounces of Measured & Indicated gold resources and 8.65 million ounces of Inferred resources, supporting IAMGOLD's strategy for a centralized processing hub [4]. - On December 22, 2025, IAMGOLD completed the acquisition of Mines d'Or Orbec Inc., adding the Muus Project to its portfolio for approximately C$17.2 million, enhancing its exploration potential in the Chibougamau district [5]. Group 2: Market Position and Performance - IAMGOLD's shares have increased by 120.4% over the past six months, outperforming its industry's rise of 59.2% [8]. - The company is currently trading at a forward 12-month price-to-sales ratio of 3.76X, aligning with the industry's average, and holds a Value Score of B [11]. - The Zacks Consensus Estimate for IAMGOLD's earnings indicates year-over-year growth of 62% for 2025 and 85.4% for 2026, with EPS estimates trending higher over the past 60 days [13][14].