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The latest announcement is out from IAMGOLD ( (TSE:IMG) ).
IAMGOLD Corporation announced significant assay results from its 2025 drilling programs at the Nelligan and Monster Lake projects in Quebec, Canada. The results confirm the extension of mineralized zones, enhancing the potential of these projects and positioning Nelligan as one of Canada’s largest gold projects. This development underscores IAMGOLD’s strategic focus on expanding its resource base and solidifying its position as a leading mid-tier mining company.
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 specializing in the exploration and production of gold. The company operates primarily in mining-friendly jurisdictions, with a focus on organic growth and maintaining a high-quality pipeline of projects.
YTD Price Performance: 92.77%
Average Trading Volume: 1,990,436
Technical Sentiment Signal: Buy
Current Market Cap: C$8.89B
For detailed information about IMG stock, go to TipRanks’ Stock Analysis page.