IAMGOLD Corporation

NYSE:IAG Stock Report

Market Cap: US$10.4b

IAMGOLD Management

Management criteria checks 4/4

IAMGOLD's CEO is Renaud Adams, appointed in Apr 2023, has a tenure of 3.17 years. total yearly compensation is $3.57M, comprised of 19% salary and 81% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $11.41M. The average tenure of the management team and the board of directors is 3.5 years and 3.3 years respectively.

Key information

Renaud Adams

Chief executive officer

US$3.6m

Total compensation

CEO salary percentage19.03%
CEO tenure3.2yrs
CEO ownership0.1%
Management average tenure3.5yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

Seeking Alpha • May 26

Iamgold: Surging Free Cash Flow With An 8x P/E, Watch $16

Summary IAMGOLD Corporation remains a 'Buy' after a strong Q1, with shares up over 3x since January 2025. IAG posted Q1 EPS of $0.64 (vs. $0.55 consensus) and revenue up 116% to $1.03 billion, driven by high realized gold prices. Valuation is compelling: with $2.50 normalized EPS and an 8x multiple, IAG targets $20/share, while FCF yield exceeds 18%. Key technical support at $16 is crucial; a breakout above $19 could target $24–25, but risks include gold price declines and operational challenges. Read the full article on Seeking Alpha
Seeking Alpha • Mar 09

Iamgold: A Possible Option To Surf The Gold Play

Summary Iamgold Corporation operates four gold mines, with significant investments in the Cote Gold project, which began operations in 2024. The international price of gold surged in 2023-2024, driven by geopolitical conflicts and monetary policies from major central banks. The Federal Reserve's monetary policies and global inflation containment efforts led to increased gold demand and price volatility. China's increased gold reserves and U.S. foreign policy under Trump further fueled gold's bullish rally, benefiting Iamgold's stock price. Read the full article on Seeking Alpha
Seeking Alpha • Jan 26

Iamgold's Cote Gold Boosts Production, But Valuation Caps The Upside

Summary Iamgold posted strong Q3 results with a 59% increase in gold production and a 96% rise in revenues, driven by the new Cote Gold mine. Despite strong performance, IAMGOLD's valuation appears fair, trading at a 4.5% discount to fair value, but is only a hold given jurisdictional risks in Burkina Faso. With the gold price rising and IAMGOLD's new mine ramping up, the company is in a solid position, but better-valued alternatives like B2Gold exist. Read the full article on Seeking Alpha
Seeking Alpha • Oct 23

Iamgold Stock: Limited Margin Of Safety At Current Levels

Summary Iamgold Corporation's Q2-24 results show a 55% production increase, driven by strong performance at Essakane, Westwood, and initial output from Cote Gold Mine. Notably, margins increased materially year-over-year in Q2-24 and are set for further improvement with the continuation higher in the gold price in H2-24 and lower-cost Cote ounces. In this update, we'll dig into recent developments and Iamgold's updated valuation after significant outperformance year-to-date. Read the full article on Seeking Alpha
Seeking Alpha • Jul 17

Iamgold Has A Bright Future And Shares Could Get Cheaper

Summary IAMGOLD develops gold resources in Canada and Burkina Faso. The risk profile will be lowered by the new gold mine that the company is putting into commercial production in Ontario. Positive outlook for growth driven by rising gold prices and new production in Ontario, with all these assets being fed by a solid financial position. The share price is not expensive in light of the growth outlook, but the Fed's persistently higher for longer interest rates against inflation could make IAG shares cheaper. In principle, a "Buy" rating for IAMGOLD Corporation stock with the possibility to benefit from a dip in the coming weeks. Read the full article on Seeking Alpha
Seeking Alpha • May 01

Iamgold: Industry-Leading Growth At Improving Margins

Summary Iamgold Corporation had another year in 2023 with industry-lagging margins, despite beating its guidance midpoint and having a much better Q4 at Westwood. Unfortunately, this trend of razor-thin margins is expected to continue into Q1 despite the higher gold price, but we will see Iamgold morph into a lower-cost producer by year-end. In this update, we’ll dig into Iamgold’s FY2023 results, its Q1 2024 outlook, and if the company’s industry-growth profile from its Cote Gold Project is priced into the stock after. Read the full article on Seeking Alpha
Seeking Alpha • Feb 09

Iamgold: Significant Growth On Deck

Summary Iamgold had a solid quarter in Q4 with higher production from continuing operations helped by increased mining rates at Westwood. Meanwhile, investors can expect a better 2024 with production of 600,000+ ounces conservatively, with further growth in 2025 once Cote Gold begins commercial production. In this update, we'll dig into the 2023 results, the 2024 outlook & why the IAG story is finally changing for the better after a decade of lower output/rising costs. Read the full article on Seeking Alpha
Seeking Alpha • Dec 12

Iamgold: Turnaround Thesis Remains Intact

Summary Iamgold reported mixed Q3 results, with a decline in production and higher operating costs, resulting in negative AISC margins. The company's Westwood mine showed improvement in production (albeit still at high costs), and Cote is 92% complete, paving the way to better margins in 2024. In this update, we'll dig into the Q3 results, recent developments, and whether the stock is offering enough of a margin of safety at current levels after its recent pullback. Read the full article on Seeking Alpha
Seeking Alpha • Oct 27

Iamgold: Poised For A Strong Uptrend As Gold Turns Bullish

Summary IAMGOLD Corporation has a Buy rating, but investors should wait for a significant pullback in the stock price first. The inverted US Treasury yield curve suggests an economic recession by 2024, which would benefit gold prices and IAMGOLD stock. IAMGOLD is well-positioned to benefit from the expected rise in gold prices as it will also experience increased gold production as a result of a new asset in Ontario. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Renaud Adams's remuneration changed compared to IAMGOLD's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$1b

Dec 31 2025US$4mUS$680k

US$664m

Sep 30 2025n/an/a

US$344m

Jun 30 2025n/an/a

US$799m

Mar 31 2025n/an/a

US$805m

Dec 31 2024US$3mUS$627k

US$820m

Sep 30 2024n/an/a

US$724m

Jun 30 2024n/an/a

US$129m

Mar 31 2024n/an/a

US$137m

Dec 31 2023US$3mUS$495k

US$88m

Compensation vs Market: Renaud's total compensation ($USD3.57M) is below average for companies of similar size in the US market ($USD14.74M).

Compensation vs Earnings: Renaud's compensation has been consistent with company performance over the past year.

CEO

Renaud Adams (56 yo)

3.2yrs
Tenure
US$3,573,290
Compensation

Mr. Renaud Adams was Member of Advisory Board at Zodiac Gold Inc. He serves as an Independent Director at Probe Gold Inc. since April 05, 2023. He serves as CEO & President of IAMGOLD Corporation since Apr...

Leadership Team

NamePositionTenureCompensationOwnership
Renaud Adams
CEO, President & Director3.2yrsUS$3.57m0.11%
$ 11.4m
Marthinus Theunissen
Chief Financial Officer3.8yrsUS$1.48m0.027%
$ 2.8m
Bruno Lemelin
Chief Operating Officer6.3yrsUS$1.78m0.035%
$ 3.7m
Annie Torkia Lagace
Chief Legal Officer1.3yrsUS$1.45mno data
Dorena Quinn
Chief People Officer4.4yrsUS$1.10m0.024%
$ 2.5m
Graeme Jennings
Vice President of Investor Relations & Corporate Communicationsno datano datano data
Ankit Shah
Chief Strategy Officerless than a yearno data0.0017%
$ 174.0k
Luc-Bernard Denoncourt
Project Directorno datano datano data
3.5yrs
Average Tenure
49yo
Average Age

Experienced Management: IAG's management team is considered experienced (3.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Renaud Adams
CEO, President & Director3.2yrsUS$3.57m0.11%
$ 11.4m
David Smith
Independent Chairman4.3yrsUS$263.25k0.0035%
$ 360.4k
Christiane Bergevin
Independent Director3.3yrsUS$201.72k0.0017%
$ 175.0k
Daniel Racine
Directorless than a yearno data0.00087%
$ 90.6k
Anne Toutant
Independent Director2.6yrsUS$183.15k0.0062%
$ 649.0k
Murray Suey
Independent Director2.3yrsUS$208.55k0.0017%
$ 180.2k
Lawrence O'Hagan
Independent Director4.3yrsUS$201.26k0.016%
$ 1.7m
Kevin O'Kane
Independent Director4.8yrsUS$201.26kno data
3.3yrs
Average Tenure
63yo
Average Age

Experienced Board: IAG's board of directors are considered experienced (3.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 13:24
End of Day Share Price 2026/06/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IAMGOLD Corporation is covered by 34 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard GrayATB Cormark
Farooq HamedBarclays
Matthew MurphyBMO Capital Markets Equity Research