TSX:IMGMetals and Mining
IAMGOLD’s Côté Gold Milestone Fuels Cash Generating And Valuation Story
IAMGOLD (TSX:IMG) has reached full production at its Côté Gold mine.
The company reports record financial performance supported by strong margins and free cash flow.
Management has announced a share buyback program and continued debt repayment.
Institutional investors have increased their holdings in the company.
IAMGOLD, trading at around CA$29.55, has seen very strong share price moves, with the stock up 12.5% over the past month and 32.9% year to date. The 1 year return is 274.1%, and...