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IAMGold Corporation (T:IMG)

Business Focus: Gold Mining

This company is also listed in the United States as IAG on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 150 King Street West, Suite 2200
TORONTO ON M5H 1J9
Tel: 1-416-3604743
Website: N/A
IR: N/A
Key People
Renaud Adams
President, Chief Executive Officer, Director
Maarten Theunissen
Chief Financial Officer
Craig S. MacDougall
Executive Vice President - Growth
Tim Bradburn
Senior Vice President, General Counsel, Corporate Secretary
Dorena Quinn
Senior Vice President - People
Bruno Lemelin
Senior Vice President - Operations and Projects
Oumar Toguyeni
Senior Vice President - External Affairs and Sustainability
   
Business Overview
IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. The Company's principal activities are the exploration, development and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is located in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is located in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. The Company owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau, Quebec, Canada. It also holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec.
Financial Overview
For the fiscal year ended 31 December 2023, Iamgold Corp revenues increased 3% to $987.1M. Net income before extraordinary items totaled $88M vs. loss of $53.7M. Revenues reflect Canada segment increase of 46% to $176.6M. Net Income reflects Corporate segment loss decrease of 47% to $54.7M, Exploration & Development segment loss decrease of 22% to $22.3M, Canada segment loss decrease of 77% to $9.7M.
Employees: 5,065 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $3,314M as of Dec 31, 2023
Annual revenue (TTM): $1,359M as of Dec 31, 2023
EBITDA (TTM): $391.34M as of Dec 31, 2023
Net annual income (TTM): $121.18M as of Dec 31, 2023
Free cash flow (TTM): -$1,031M as of Dec 31, 2023
Net Debt Last Fiscal Year: $805.55M as of Dec 31, 2023
Shares outstanding: 496,634,015 as of Apr 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization