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An announcement from IAMGOLD ( (TSE:IMG) ) is now available.
IAMGOLD Corporation reported its financial and operational results for the fourth quarter and full year 2024, highlighted by a 43% increase in gold production, totaling 667,000 ounces. This growth was driven by significant performance at its Côté Gold, Essakane, and Westwood mines. The company achieved record revenues of $1.633 billion and made substantial improvements in cash flow and mineral reserves, emphasizing its strategic positioning for future growth. The announcement reflects IAMGOLD’s robust operational success and its focus on achieving production stability and exploring growth opportunities.
More about IAMGOLD
IAMGOLD Corporation is a mid-tier gold producer operating in the mining industry, focusing primarily on gold production. The company operates multiple mining assets and is known for its large-scale open-pit gold mines, with a significant market focus on expansion and operational efficiency.
YTD Price Performance: 13.08%
Average Trading Volume: 9,628,388
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.61B
Learn more about IMG stock on TipRanks’ Stock Analysis page.
