tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IAMGOLD Extends Mineralization at Nelligan and Monster Lake

Story Highlights
  • IAMGOLD announced assay results extending mineralized zones at Nelligan and Monster Lake.
  • The results position Nelligan as one of Canada’s largest gold projects, enhancing IAMGOLD’s growth potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
IAMGOLD Extends Mineralization at Nelligan and Monster Lake

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

On September 15, 2025, IAMGOLD Corporation announced significant assay results from its 2025 drilling programs at the Nelligan and Monster Lake projects in Quebec, Canada. The results confirmed the extension of mineralized zones, positioning Nelligan among the largest gold projects in Canada with nearly 9 million ounces of resources. This development strengthens IAMGOLD’s industry positioning as a leading mid-tier mining company and offers substantial growth potential, benefiting stakeholders and enhancing the company’s resource base.

The most recent analyst rating on (TSE:IMG) stock is a Buy with a C$14.00 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 score reflects strong technical momentum and a favorable valuation, supported by robust profitability and a stable balance sheet. However, liquidity concerns and increased operational costs pose risks. The company’s strategic initiatives and production ramp-up at Côté Gold are key drivers of its positive outlook.

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

More about IAMGOLD

IAMGOLD Corporation is a mid-tier mining company primarily focused on gold exploration and production. It operates in stable, mining-friendly jurisdictions, with significant projects in Canada, including the Nelligan and Monster Lake projects in Quebec. The company is known for its high-quality pipeline and organic growth potential.

Average Trading Volume: 2,059,158

Technical Sentiment Signal: Buy

Current Market Cap: C$8.75B

For an in-depth examination of IMG stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1