IAMGOLD (IMG) AI Stock Analysis

• Market Cap: C$12.59B
• Dividend Yield: N/A
• Average Volume (3M): 2.01M
• Price to Earnings (P/E): 26.0
• Beta (1Y): 2.45
• Revenue Growth: 56.17%
• EPS Growth: -51.73%
• Country: CA
• Employees: 3,700
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.42
• Shares Outstanding: 575,300,000
• 10 Day Avg. Volume: 1,670,920
• 30 Day Avg. Volume: 2,008,509
• PEG Ratio: <0.01
• Price to Book (P/B): 0.84
• Price to Sales (P/S): 1.71
• P/FCF Ratio: -18.41
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$23.81
• Price Target Upside: 7.63% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8
• EPS Forecast (FY): 1.28
• Revenue Forecast (FY): C$3.77B

• Rating: 73 Outperform
• Price Target: C$23.50 ▲(6.24% Upside)

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.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a positive trajectory, showcasing the company's ability to expand its market presence and enhance its operational efficiency.

Debt Reduction

Significant debt reduction improves financial flexibility and reduces interest expenses, supporting long-term financial health and strategic investments.

Cash Flow Generation

Strong cash flow generation enhances the company's ability to fund operations, invest in growth opportunities, and return capital to shareholders.

Negative Factors

High Production Costs

Elevated production costs can pressure margins and profitability, necessitating cost management improvements to sustain long-term competitiveness.

Challenges at Westwood

Operational challenges at Westwood could hinder production targets and impact overall output, requiring strategic adjustments to mitigate risks.

Decline in EBIT Margin

A declining EBIT margin suggests operational inefficiencies, which could affect profitability and necessitate focus on cost control and process improvements.

IAMGOLD Business Overview & Revenue Model

Company Description

IAMGOLD Corporation (IMG) is a mid-tier gold mining company headquartered in Toronto, Canada. The company explores, develops, and operates gold mining properties across North America, South America, and Africa. IAMGOLD's core operations include several gold mines and development projects, with a focus on sustainable mining practices and responsible resource management. The company aims to deliver value to its shareholders through the exploration of new mineral resources and the efficient operation of its existing mines.

How the Company Makes Money

IAMGOLD generates revenue primarily through the production and sale of gold. The company operates several gold mines, which contribute significantly to its earnings by extracting gold ore and processing it into refined gold. Key revenue streams include the sale of gold bullion, which is influenced by market prices, and the production of gold from its mining operations. Additionally, IAMGOLD may engage in hedging strategies to manage price volatility and secure future revenues. The company also explores joint ventures and partnerships to enhance its operational capabilities and may receive royalties from various mining projects. Factors contributing to its earnings include operational efficiency, gold market dynamics, and cost management initiatives.

IAMGOLD Financial Statement Overview

Summary

IAMGOLD demonstrates strong revenue growth and profitability, with a stable balance sheet. However, the decline in EBIT margin and negative free cash flow growth highlight areas for improvement. The company should focus on enhancing operational efficiency and cash flow generation to sustain its financial health and support future growth.

Income Statement

IAMGOLD has shown a strong revenue growth rate of 13.62% in the TTM, indicating a positive trajectory. The gross profit margin of 32.21% and net profit margin of 40.61% are robust, reflecting efficient cost management and profitability. However, the EBIT margin has decreased from 59.68% in 2024 to 53.54% in the TTM, suggesting some operational challenges. Overall, the income statement reflects a solid financial performance with room for improvement in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio of 0.35 in the TTM indicates a moderate level of leverage, which is stable compared to previous years. The return on equity (ROE) of 23.81% is strong, showcasing effective use of equity to generate profits. The equity ratio of 66.32% suggests a healthy capital structure. While the balance sheet is stable, maintaining or improving the ROE will be crucial for future growth.

Cash Flow

IAMGOLD's cash flow statement shows a decline in free cash flow growth by -369.10% in the TTM, which is a concern. The operating cash flow to net income ratio is nearly 1, indicating that operating cash flows are closely aligned with net income. However, the free cash flow to net income ratio is low at 3.40%, suggesting limited cash available after capital expenditures. Improving free cash flow generation will be essential for financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.23B	1.63B	987.10M	958.80M	1.15B	1.24B
Gross Profit	743.50M	549.90M	124.10M	147.90M	2.70M	250.30M
EBITDA	1.02B	1.25B	315.40M	273.60M	219.00M	375.90M
Net Income	344.00M	819.60M	94.30M	-36.40M	-255.10M	42.60M
Balance Sheet
Total Assets	5.38B	5.37B	4.54B	4.43B	3.97B	4.15B
Cash, Cash Equivalents and Short-Term Investments	315.30M	348.50M	367.10M	407.80M	552.50M	947.50M
Total Debt	1.09B	1.15B	952.10M	992.50M	530.00M	533.40M
Total Liabilities	1.79B	1.97B	2.27B	2.22B	1.65B	1.61B
Stockholders Equity	3.57B	3.34B	2.21B	2.13B	2.24B	2.46B
Cash Flow
Free Cash Flow	125.40M	-151.40M	-817.30M	-371.80M	-370.20M	30.40M
Operating Cash Flow	543.50M	486.00M	159.40M	408.70M	285.00M	347.60M
Investing Cash Flow	-322.70M	-582.40M	-402.30M	-891.90M	-630.70M	-246.20M
Financing Cash Flow	-471.00M	83.30M	201.70M	404.00M	-41.20M	800.00K

IAMGOLD Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.12
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IMG, the sentiment is Positive. The current price of 22.12 is above the 20-day moving average (MA) of 20.99, above the 50-day MA of 19.14, and above the 200-day MA of 12.92, indicating a bullish trend. The MACD of 0.86 indicates Positive momentum. The RSI at 65.81 is Neutral, neither overbought nor oversold. The STOCH value of 68.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:IMG.

IAMGOLD Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGD	78 Outperform	$8.94B	26.46	22.29%	―	48.70%	1718.41%
OGC	78 Outperform	C$8.81B	15.90	21.15%	0.44%	51.00%	532.40%
EDV	76 Outperform	C$16.17B	23.62	16.65%	2.48%	73.23%	―
IMG	73 Outperform	C$12.59B	25.97	10.09%	―	56.17%	-51.73%
EQX	73 Outperform	C$15.00B	280.97	1.41%	―	90.17%	-91.76%
BTO	67 Neutral	$8.35B	26.96	6.90%	1.78%	34.31%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

IAMGOLD Corporate Events

IAMGOLD Expands Canadian Gold Portfolio with Northern Superior Acquisition

IAMGOLD Corporation has announced a definitive agreement to acquire Northern Superior Resources Inc., consolidating significant land and notable deposits to form the Nelligan Mining Complex in Quebec, Canada. This acquisition positions IAMGOLD as a leading mid-tier gold producer, enhancing its strategic presence in a premier mining jurisdiction and offering Northern Superior shareholders a premium and future growth potential through IAMGOLD’s expanded portfolio.

IAMGOLD Expands Quebec Mining Footprint with Orbec Acquisition

IAMGOLD Corporation has entered into a definitive agreement to acquire Mines D’Or Orbec Inc., consolidating its land position in the Chibougamau district, a prominent mining area in Quebec. This acquisition includes the Muus Project, which is strategically located near IAMGOLD’s existing projects, enhancing its exploration potential and positioning the company as a significant player in one of Canada’s rapidly growing gold mining districts.

IAMGOLD to Announce Q3 2025 Financial Results and Host Conference Call

IAMGOLD Corporation announced it will release its third quarter 2025 operating and financial results on November 4, 2025, followed by a conference call on November 5, 2025, to discuss these results. This announcement is significant for stakeholders as it provides insights into the company’s financial health and operational performance, potentially impacting its market positioning and investor confidence.

IAMGOLD Extends Mineralization at Nelligan and Monster Lake Projects

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.

IAMGOLD Recognized as Top Performer on TSX30

IAMGOLD Corporation has been recognized as a top performer on the Toronto Stock Exchange, ranking 13th in the 2025 TSX30 for its impressive 385% dividend-adjusted share price appreciation over three years. This accolade highlights IAMGOLD’s emergence as a leading Canadian-focused gold producer, with significant growth opportunities and a commitment to innovative and accountable mining practices that create enduring value for stakeholders.