AI Spotlight on IMG
Company Description
IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa.The company owns interests in the Rosebel mine located in Suriname, South America; the Essakane mine situated in Burkina Faso and Boto gold project located in Senegal, West Africa; and Westwood mine, covers an area of 1,925 hectare and located in Quebec and the Côté gold project, which covers an area of 586 square kilometer located in Ontario, Canada.Its exploration and development projects include the Pitangui project in Brazil; the Karita project located in Guinea; the Diakha-Siribaya project situated in Mali; and the Nelligan and Monster Lake projects located in Quebec, Canada.
IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Market Data
Last Price | 9.09 |
Change Percentage | 0.00% |
Open | 9.12 |
Previous Close | 9.09 |
Market Cap ( Millions) | 5192 |
Volume | 1086944 |
Year High | 9.26 |
Year Low | 3.15 |
M A 50 | 7.85 |
M A 200 | 6.58 |
Financial Ratios
FCF Yield | -8.64% |
Dividend Yield | 0.00% |
ROE | 27.94% |
Debt / Equity | 28.93% |
Net Debt / EBIDTA | 33.99% |
Price To Book | 1.11 |
Price Earnings Ratio | 4.98 |
Price To FCF | -11.58 |
Price To sales | 2.45 |
EV / EBITDA | 3.5 |
News
- Jan -17 - IAG 2024 Attributable Gold Output Up 43%, Poised for Record Revenues
- Jan -16 - Is IAMGOLD Corporation (IAG) Among Wednesday’s Losers?
- Jan -14 - Wall Street Analysts Predict a 29.25% Upside in Iamgold (IAG): Here's What You Should Know
- Jan -14 - Is Iamgold (IAG) Stock Outpacing Its Basic Materials Peers This Year?
- Jan -14 - IAMGOLD Announces Preliminary 2024 Operating Results & 2025 Guidance
- Jan -10 - Iamgold (IAG) Rises As Market Takes a Dip: Key Facts
- Jan -10 - IAMGOLD Files Technical Report for the Westwood Mine Complex
- Dec -27 - IAMGOLD Stock Soars 102% YTD: Can the Momentum Continue in 2025?
- Dec -25 - Is Iamgold (IAG) Outperforming Other Basic Materials Stocks This Year?
- Dec -24 - IAMGOLD Closes the Sale of its 100% Stake in the Karita Gold Project
- Dec -23 - IAMGOLD Announces Amended and Upsized Credit Facility
- Dec -09 - Investors in IAMGOLD (TSE:IMG) have seen solid returns of 152% over the past year
- Dec -06 - IAG Boosts Westwood Mine Life & Cote Gold Stake: Is the Stock a Buy?
- Dec -05 - IAMGOLD Provides Westwood Updated Mine Plan and Mineral Resource & Mineral Reserve Estimates
- Dec -02 - IAMGOLD Announces Return to 70% Ownership in Côté Gold with Repurchase of 9.7% Interest
- Nov -30 - Why IAMGOLD Corporation (IAG) is One of the Best Canadian Stocks to Buy Under $10?
- Nov -23 - IAMGOLD (IAG): A Top Gold Stock Under $30 with Surging Production and Revenue
- Nov -14 - We Think Shareholders Should Be Aware Of Some Factors Beyond IAMGOLD's (TSE:IMG) Profit
- Nov -09 - IAMGOLD Third Quarter 2024 Earnings: Beats Expectations
- Nov -09 - Iamgold Corp (IAG) Q3 2024 Earnings Call Highlights: Strong Financial Position and Increased ...
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Gold Mines
Expected Growth : 2.5 %
What the company do ?
IAMGOLD Corporation's Gold Mines are a portfolio of 5 operating gold mines in Canada, South America, and West Africa, producing over 800,000 ounces of gold annually.
Why we expect these perspectives ?
IAMGOLD Corporation's 2.5% growth in Gold Mines is driven by increasing gold prices, successful exploration and development projects, and improved operational efficiency. Additionally, the company's focus on cost reduction, strategic acquisitions, and expansion into new markets also contribute to its growth.
Segment n°2 -> Corporate - Royalty Interest
Expected Growth : 1.5 %
What the company do ?
IAMGOLD Corporation's Corporate - Royalty Interest represents the company's non-operating interest in mineral properties, earning revenue through royalties on mineral production.
Why we expect these perspectives ?
IAMGOLD's royalty interest growth is driven by increasing gold prices, rising production at partner mines, and strategic acquisitions. The 1.5% growth rate is also supported by the company's diversified portfolio of royalties, providing a stable source of revenue. Additionally, IAMGOLD's strong balance sheet and disciplined cost management enable the company to capitalize on growth opportunities.
Iamgold Corporation Products
Product Range | What is it ? |
---|---|
Gold | IAMGOLD Corporation is a leading gold producer with a diverse portfolio of operating mines and development projects in North and South America, West Africa, and Asia. |
Silver | IAMGOLD Corporation also produces silver as a by-product of its gold mining operations. |
Copper | IAMGOLD Corporation produces copper as a by-product of its gold mining operations. |
Exploration Services | IAMGOLD Corporation provides exploration services to identify and develop new mineral deposits. |
Mining Services | IAMGOLD Corporation provides mining services to extract gold and other minerals from its operating mines. |
IAMGOLD Corporation's Porter Forces
Threat Of Substitutes
IAMGOLD Corporation operates in the gold mining industry, which has few substitutes. However, the company faces competition from other precious metals and alternative investments, which can affect demand.
Bargaining Power Of Customers
IAMGOLD Corporation sells its gold to a few large refineries and banks, which have limited bargaining power. The company's customers are dependent on IAMGOLD for gold supply, giving the company an upper hand in negotiations.
Bargaining Power Of Suppliers
IAMGOLD Corporation relies on suppliers for equipment, materials, and services. While the company has some bargaining power due to its size, suppliers can still exert some pressure, especially in times of high demand.
Threat Of New Entrants
Entering the gold mining industry requires significant capital investment, licenses, and expertise. These barriers to entry make it difficult for new companies to enter the market, reducing the threat of new entrants.
Intensity Of Rivalry
The gold mining industry is highly competitive, with many established players competing for market share. IAMGOLD Corporation faces intense rivalry from companies like Barrick Gold, Newmont Goldcorp, and AngloGold Ashanti.
Capital Structure
Value | |
---|---|
Debt Weight | 30.15% |
Debt Cost | 3.95% |
Equity Weight | 69.85% |
Equity Cost | 11.52% |
WACC | 9.23% |
Leverage | 43.16% |
IAMGOLD Corporation : Quality Control
IAMGOLD Corporation passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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IDR | Idaho Strategic Resources, Inc. engages in the exploring, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho and Western … |
SSL.TO | Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements (streams) from companies that have advanced stage development … |
CXB.TO | Calibre Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. It primarily explores for gold, silver, and copper deposits. The company holds 100% … |
TXG.TO | Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property that covers an area of 29,000 hectares … |
EQX.TO | Equinox Gold Corp. engages in the operation, acquisition, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. Its properties include the Aurizona gold mine … |