The consensus price target for IAMGOLD has remained largely unchanged despite a significant rise in the stock's future P/E multiple, indicating higher growth expectations, with the fair value now set at CA$14.68.
What's in the News
- IAMGOLD expects attributable production of 400,000–485,000 ounces in the second half and 735,000–820,000 ounces for full year 2025.
- Q2 gold production was 173,000 ounces, up from 166,000 ounces a year ago; year-to-date production reached 334,000 ounces versus 317,000 ounces previously.
- The company completed the final delivery under its 150,000 ounce gold prepay arrangement, fulfilling commitments related to Côté Gold construction financing.
- Côté Gold Mine achieved a major milestone as its processing plant operated at average nameplate capacity of 36,000 tpd for thirty consecutive days.
Valuation Changes
Summary of Valuation Changes for IAMGOLD
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from CA$14.45 to CA$14.68.
- The Future P/E for IAMGOLD has significantly risen from 15.02x to 18.94x.
- The Discount Rate for IAMGOLD remained effectively unchanged, moving only marginally from 6.82% to 6.81%.
Disclaimer
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