IAMGold Corporation (T:IMG)
Business Focus: Gold Mining
Mostly sunny as of April 01, 2024
For the latest outlook, get the company report
| 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.. |
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Insider Filings
Latest 10 SEDI filings for IMG within the last 6 months
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Company News
Apr 05, 2024 07:00 ET
IAMGOLD Provides Notice of First Quarter 2024 Results and Conference Call
Toronto, Ontario--(Newsfile Corp. - April 5, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its first quarter 2024 operating and financial results after market hours on Thursday, May 9, 2024. Senior management will host a conference call to discuss the operating performance and financial results on Friday, May 10, 2024, at 8:30 a.m. (Eastern Time).
Apr 04, 2024 17:00 ET
IAMGOLD Strengthens Balance Sheet with Effective Deferral of Q2 2024 Gold Prepay Obligations
Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") announced today that it has entered into a forward gold sale arrangement ("2025 Q2 Prepay Arrangement") and a partial amendment to one of its existing gold prepay arrangements ("Q2 Deferral Prepay Arrangement", together the "Arrangements"). The net result of these Arrangements is the effective transition of current gold delivery obligations totaling 37,500 ounces out of the second quarter of 2024 into the same period in the following year, increasing cashflow in Q2 2024 by approximately $73.6 million assuming current gold prices.
Valuation Ratios
Industry
Sector
Beta
1.52
--
--
Price to Sales - TTM
1.81
3.80
4.54
Price to Book - most recent quarter
0.78
2.09
2.01
Price to Cash Flow per share - TTM
5.07
10.63
10.09
Price to Free Cash Flow per share - TTM
--
30.68
21.66
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 31, 2024 | 10,741,974 | -832,781 |
| Mar 15, 2024 | 11,574,755 | -2,253,067 |
| Feb 29, 2024 | 13,827,822 | 91,788 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
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.
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