The consensus price target for IAMGOLD has been raised, primarily reflecting a significantly higher forward P/E despite a slight reduction in revenue growth forecasts, resulting in a new fair value estimate of CA$15.18.
What's in the News
- IAMGOLD expects attributable gold production of 400,000 to 485,000 ounces in the second half of 2025, and 735,000 to 820,000 ounces for the full year.
- Second quarter gold production was 173,000 ounces, up from 166,000 ounces a year ago; year-to-date production reached 334,000 ounces, compared to 317,000 ounces in the prior year.
- The company has completed its 150,000-ounce gold prepay arrangement used for financing Côté Gold construction.
- The Côté Gold Mine processing plant achieved nameplate capacity of 36,000 tpd, averaged over thirty consecutive days.
Valuation Changes
Summary of Valuation Changes for IAMGOLD
- The Consensus Analyst Price Target has risen slightly from CA$14.68 to CA$15.18.
- The Future P/E for IAMGOLD has significantly risen from 15.27x to 19.43x.
- The Consensus Revenue Growth forecasts for IAMGOLD has fallen slightly from 8.3% per annum to 8.0% per annum.
Disclaimer
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