IAMGOLD Closes Acquisition of Mines D’Or Orbec, Expanding Quebec Nelligan Mining Complex

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

On December 22, 2025, IAMGOLD completed its previously announced acquisition of all outstanding shares of Mines D’Or Orbec Inc., following a final order from the Ontario Superior Court of Justice on December 18, 2025 approving the plan of arrangement. The deal brings Orbec’s Muus Project into IAMGOLD’s newly formed Nelligan Mining Complex in Quebec’s Chibougamau–Chapais region, consolidating control over key mineralized structures that already host the Monster Lake, Nelligan and Philibert deposits. By folding the Muus Project into this complex, IAMGOLD strengthens its position in one of Canada’s largest pre-production gold districts and sets the stage for an expanded exploration program in 2026, potentially enhancing long-term growth prospects and regional scale for shareholders and local stakeholders.

The most recent analyst rating on (TSE:IMG) stock is a Buy with a C$21.00 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 Outperform.

IAMGOLD’s overall stock score is driven by strong technical momentum and positive corporate events, such as strategic acquisitions and market recognition. However, high valuation and operational challenges, particularly in cash flow and production costs, temper the outlook. The company needs to address these operational inefficiencies to enhance its financial performance and sustain growth.

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

More about IAMGOLD

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer with operating mines in North America and West Africa, including Côté Gold and Westwood in Canada and Essakane in Burkina Faso. The Côté Gold mine reached full nameplate capacity in June 2025 and is positioned to be one of Canada’s largest gold mines, operated in partnership with Sumitomo Metal Mining. The company also holds a portfolio of early-stage and advanced exploration assets in high-potential districts such as the Nelligan Mining Complex in Quebec, and employs about 3,700 people while emphasizing accountable mining and strong environmental, social and governance practices. It is listed on both the NYSE and TSX under the symbols IAG and IMG, respectively.

YTD Price Performance: 188.78%

Average Trading Volume: 2,550,632

Technical Sentiment Signal: Buy

Current Market Cap: C$13.32B

Find detailed analytics on IMG stock on TipRanks’ Stock Analysis page.