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IAGIamgold Corporation
$18.52$10.7B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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IAG logo

Iamgold Corporation

IAG
NYSE · Gold
$18.52
At close - Oct 2, 4:00 PM EDT - USD
Market Cap$10.7B
P/E16.0x
52W High$24.87
Volume3.49M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Côté Ramp Drives Margin Expansion, Debt Reduction

Iamgold's transformation is anchored by the Côté Gold mine, which has driven revenue growth of 77.8% year-over-year to $835.1M in 2026Q2 and expanded gross margins from 27.9% in 2024Q4 to 47.3%. The company has deleveraged aggressively, cutting total debt from...

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

IAG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-49% Peers

P/E is 49% below peer median

03

Market leadership

RS 75 · Avg

Average momentum (RS Rating: 75)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Nov 6
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue surged 77.8% year-over-year to $835.1M in 2026Q2, with gross margins expanding from 27.9% in 2024Q4 to 47.3%, reflecting Côté's lower-cost profile and operating leverage.

Analyst Consensus+18.8% target
Buy(30 analysts)
12 Buy11 Hold7 Sell

The Bull Case

Upside Catalysts

Strong financial health

IAMGOLD demonstrates robust debt servicing capability with strong operating cash flow of $543.50M covering 0.50x of total debt, and healthy cash reserves of $314.30M providing 9.58x coverage of short-term debt.

Growth potential in Canada

The company aims to be a leading Canadian-focused gold producer with a modern multi-asset portfolio, leveraging its strong presence in Canada and globally.

Côté Gold Mine development

Recent activities like the Côté Gold Mine Tour in June 2026 highlight ongoing development and operational progress in key assets.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
IAG+14.18%
S&P 500 (^GSPC)+12.66%
1-Year Return
IAG+39.35%
S&P 500 (^GSPC)+15.01%
3-Year Return
IAG+816.83%
S&P 500 (^GSPC)+83.15%
5-Year Return
IAG+698.28%
S&P 500 (^GSPC)+75.61%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
16.0x
Forward P/EExpansion
8.9x
EV/EBITDA60th %ile
7.1x
FCF YieldCash Flow
7.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
16.0x
13.3x
100th· High
EV/EBITDA
7.1x
6.4x
60th· Fair
Price/FCF
13.9x
12.4x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$20.88+12.7%
Base (Fair)$28.83+55.7%
Bull$38.01+105.2%
$20.88 Bear$28.83 Base$38.01 Bull
Current Market Price: $18.52
Trades at a 35.8% discount to Base DCF ($28.83)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.9B+77.8% YoY
Net income
$676M-17.5% YoY
Free cash flow
$771M+654.6% YoY
Operating margin
38.9%-18.9 pts YoY
ROIC (TTM)19.1%
Avg ROIC 5Y-
ROE (TTM)17.7%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
$0.42+0.0%
vs $0.42
$841M-4.7%
vs $883M
Q2 2026
May 5, 2026
$0.66+26.9%
vs $0.52
$1.0B+5.6%
vs $955M
Q1 2026
Feb 17, 2026
$0.70+27.3%
vs $0.55
$1.1B+3.6%
vs $1.0B
Q4 2025
Nov 4, 2025
$0.30+42.9%
vs $0.21
$707M-26.3%
vs $959M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·1d ago
Visible Gold Expands Its District-Scale Horsefly Gold Property by Staking 144 km2 of New Claims Adjacent to IAMGOLD's Nelligan Mining Complex

ROUYN-NORANDA, Québec--(BUSINESS WIRE)--Visible Gold Mines Inc. ("Visible Gold" or the "Company") (TSXV: VGD) (FRANKFURT: 3V41) is pleased to announce the expansion of its wholly-owned Horsefly property through the staking of 266 additional mining claims adjacent to IAMGOLD's Nelligan Mining Complex in Québec's Chibougamau Mining Camp. The Horsefly property, now comprising 643 mining claims, is strategically located in the Eeyou Istchee James Bay region of Québec, approximately 140 km northeast.

MarketBeat·4d ago
Iamgold Eyes Côté Gold Optimization, Essakane Extension Over M&A

Iamgold NYSE: IAG is prioritizing operational optimization, mine-life extensions and resource development over near-term acquisitions, President and CEO Renaud Adams said during a fireside chat. The company expects a series of technical studies over the next year to outline growth opportunities at its Côté Gold, Essakane and Westwood operations, as well as its Nelligan district in Canada.

MarketBeat·5d ago
iA Financial Sees 10%+ EPS Growth as $1.1B Capital Bolsters Wealth Push

Denis Ricard, president and chief executive officer of iA Financial TSE: IAG, said the insurer's capital position, operating performance and growth strategy support confidence in maintaining return on equity above 17% and earnings-per-share growth above 10%.

Defense World·6d ago
iA Financial Co. Inc. (TSE:IAG) Stock Now Rated “Hold” by Wall Street Analysts

Shares of iA Financial Co. Inc. (TSE: IAG - Get Free Report) have been assigned a consensus recommendation of "Hold" from the nine ratings firms that are covering the company, MarketBeat.com reports. Eight analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month price

Filtered for Iamgold CorporationMore Headlines
04

Compare before deciding

Benchmark IAG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Iamgold Corporation (IAG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
IAG logoIAGIamgold CorporationCurrent
$18.52$10.7B15.9777.75%23.29%17.7%—
EGO logoEGOEldorado Gold Corporation
$38.12$8.12B15.1939.93%29.89%12.38%—
CDE logoCDECoeur Mining, Inc.
$17.66$18.2B19.6296.41%26.82%12.49%—
PAAS logoPAASPan American Silver Corp.
$45.51$19.18B17.4430.63%32.09%19.5%—
HL logoHLHecla Mining Company
$17.20$11.54B35.1053.03%20.83%12.98%—
KGC logoKGCKinross Gold Corporation
$24.06$28.73B12.0939.34%37.57%35.26%—

Compare IAG vs Peers

Iamgold Corporation (IAG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs EGO

Most directly comparable listed peer for IAG.

Scale Benchmark

vs CAT

Larger-name benchmark to compare IAG against a more recognizable public peer.

Peer Set

Compare Top 5

vs EGO, CDE, PAAS, HL

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IAG Frequently Asked Questions

Iamgold Corporation (IAG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Iamgold Corporation's revenue?

Iamgold Corporation (IAG) reported $3.68B in revenue for fiscal year 2025. This represents a 5038912% increase from $0.1M in 1996.

How fast is Iamgold Corporation growing?

Iamgold Corporation (IAG) grew revenue by 77.8% over the past year. This is strong growth.

Is IAG profitable?

Yes, Iamgold Corporation (IAG) is profitable, generating $1.16B in net income for fiscal year 2025 (23.3% net margin).

Dividend & Returns
What is IAG's return on equity?

Iamgold Corporation (IAG) has a return on equity (ROE) of 17.7%. This is reasonable for most industries.

What is Iamgold Corporation's free cash flow?

Iamgold Corporation (IAG) generated $1.58B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in IAG back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →