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IAMGOLD Boosts Gold Resource Base and Highlights Mine Life Upside

Story Highlights
  • IAMGOLD lifted measured and indicated gold resources to 31 million ounces, offsetting reserve depletion with gains at Côté, Essakane and Westwood.
  • With most resources now concentrated in Canada, IAMGOLD signals mine-life extension potential and a stronger strategic position as a mid-tier gold producer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IAMGOLD Boosts Gold Resource Base and Highlights Mine Life Upside

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IAMGOLD ( (TSE:IMG) ) has issued an update.

IAMGOLD reported updated mineral resources and reserves for year-end 2025, disclosing proven and probable reserves of 9.9 million ounces of gold and a 16% rise in measured and indicated resources to 31.0 million ounces, largely driven by conversions at the Gosselin and Nelligan deposits and the addition of Philibert and Chevrier. The company highlighted resource growth at its Côté Gold, Essakane and Westwood assets, underscoring potential mine life extensions and an expanded production base, while emphasizing that roughly 80% of measured and indicated ounces and 90% of inferred ounces are now in Canada, reinforcing IAMGOLD’s strategic positioning as a growth-focused Canadian mid-tier producer.

The most recent analyst rating on (TSE:IMG) stock is a Buy with a C$40.00 price target. To see the full list of analyst forecasts on IAMGOLD stock, see the TSE:IMG Stock Forecast page.

Spark’s Take on TSE:IMG Stock

According to Spark, TipRanks’ AI Analyst, TSE:IMG is a Neutral.

The score is driven by solid fundamentals (profitability, moderate leverage) and strong technical trend support, reinforced by earnings-call positives like record free cash flow, debt reduction, and a buyback plan. Offsetting factors are weak free cash flow trends in the financial statements, overbought technical readings, and a relatively high P/E with no dividend yield provided.

To see Spark’s full report on TSE:IMG stock, click here.

More about IAMGOLD

IAMGOLD Corporation is a Canadian mid-tier gold producer listed on the NYSE and TSX, operating a portfolio of multi-asset gold mines and development projects. The company focuses on large-scale, long-life gold assets, with a significant concentration of its measured, indicated and inferred resources located in Canada, positioning it as a key player in the North American gold mining sector.

Average Trading Volume: 2,208,101

Technical Sentiment Signal: Buy

Current Market Cap: C$17.53B

See more insights into IMG stock on TipRanks’ Stock Analysis page.

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