TSX:IMGMetals and Mining
IAMGOLD (TSX:IMG) Is Down 10.5% After Côté Gold Hits Full Capacity And Buybacks Begin Has The Bull Case Changed?
In early 2026, IAMGOLD reported that its Côté Gold mine had reached full production capacity, supporting record margins, stronger free cash flow, and meaningful debt reduction, while also initiating a share buyback program funded from these operational gains.
An interesting takeaway is that these improvements have coincided with greater institutional ownership, suggesting that professional investors are increasingly recognizing the impact of Côté Gold’s full ramp-up on IAMGOLD’s financial...