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IAMGOLD ( (TSE:IMG) ) has issued an update.
On June 21, 2025, IAMGOLD’s Côté Gold Mine achieved a significant milestone by operating its processing plant at the nameplate capacity of 36,000 tons per day for thirty consecutive days. This accomplishment, reached within 15 months of the mine’s first gold production, underscores the company’s operational efficiency and commitment to excellence. The milestone supports IAMGOLD’s production guidance of 360,000 to 400,000 ounces of gold, with anticipated cost reductions throughout the year. The installation of a second cone crusher is expected to further enhance plant availability and throughput.
The most recent analyst rating on (TSE:IMG) stock is a Hold with a C$6.00 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 strong technical analysis and undervaluation are the most significant factors contributing to its overall stock score. While financial performance is solid, concerns about liabilities and cash flow issues slightly lower the score. The earnings call provided a balanced outlook with positive production metrics but highlighted operational cost challenges.
To see Spark’s full report on TSE:IMG stock, click here.
More about IAMGOLD
IAMGOLD is a Canadian-based intermediate gold producer and developer with operations in North America and West Africa, including the Côté Gold, Westwood, and Essakane mines. The company, which employs approximately 3,700 people, focuses on maintaining high standards of Environmental, Social, and Governance practices. IAMGOLD is publicly traded on the New York Stock Exchange and the Toronto Stock Exchange.
Average Trading Volume: 2,165,289
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$5.89B
For a thorough assessment of IMG stock, go to TipRanks’ Stock Analysis page.