TSE:IMG

Iamgold Corp (IMG.TO)

24.36
+0.88 (3.75%)
as of Jul 3, 2026, 8:00:00 pm Market Open.
314 watching
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Investor Insights
star iconJul 5, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

Iamgold Corp (IMG-T) presents an interesting case in the gold mining sector, particularly noted for its recent improvements. While experts agree that it does not belong to the lowest-cost quartile, it is highlighted as a significant improvement in the Canadian gold narrative. One analyst labels it a potential top pick, forecasting an impressive 80% increase over a brief timeframe. Furthermore, there is optimism surrounding an upcoming inflection point in 2026, which is expected to drive substantial free cash flow, marking it as noteworthy in terms of profitability. Overall, while not topping a list of recommendations, IMG is seen as a viable opportunity with takeover appeal and growth potential in Canadian mining.

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Consensus
Positive
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Valuation
Undervalued
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BUY
Has hugely lagged the gold group. Operating costs of $4.27 is historically quite high but thinks it is a takeover candidate. This would be the first one of his golds that he would sell.
DON'T BUY
It is generally thought to be negative and he uses the term “generally” because he is not heavily into this one. Not considered a favourite. He is bullish on gold.
DON'T BUY
A really volatile stock that has not been able to get going. His concern is that a lot of the assets are in Africa, which is less stable politically. He doesn't like the price action on this one.
HOLD
Has been a little bit of a disappointment recently. Had some permitting issues in French Guyana and are trying to sort through it. Also had a few production issues. Think they can gain further growth in their production but will be more modest. What you need to see our higher gold prices.
BUY
(Market Call Minute.) French Guyana was obviously a major setback but it has gotten too cheap given what it represents for NAV.
DON'T BUY
Gold has gone over $900 an ounce and yet this stock is languishing at lower prices than it was a year ago. Prefers gold stocks that are doing well in a strong old market.
TOP PICK
The only gold stock that is lower than what it was a year ago. Got hit by higher costs. Has really good leverage with over with over 1 million ounces of production coming. Still has a bit of catch-up to the others.
BUY
Some of their production is a little further out, which could be why they are lagging. It could play some catch-up here. Other golds have moved ahead on the stronger bullion. Good management.
COMMENT
Primarily a gold play with South American and Quebec very high production costs. If gold moves to $900, these guys have a great leverage. A large project that starts in Ecuador in 2009. Also produces niobium, an industrial metal that has gone up in price. This was his last purchase in golds but will also be his first sale.
DON'T BUY
Gold prices are very strong and this company is struggling to make new highs. We prefer the major players such as American Barrick (ABX-T) and Goldcorp (G-T). Perhaps Newmont Mining (NMC-T) for US$ exposure.
BUY
It is the highest cost of the senior producers and most leveraged to higher prices. If you like gold, it is a Buy.
BUY
About 25% of their cash flow last year came from niobium (a metal to strengthen steel) out of Quebec. Thinks their 4th quarter cash flow will be even better. Also has gold in Ecuador and Surinam.
HOLD
Has been making a lot of money out of Nairobi. Have a project in Quebec, which is responsible for about 25%-30% of its profits. Have had some problems meeting estimates in their mining operations. Latest quarter seems to indicate the wheels are back on the track.
BUY
He held it once in the past year. He only buys the top 100 in the TSX. His model price is $12.70, a 53% positive differential.
BUY
A core position in their portfolio. Thinks it's undervalued. In the "show me" state. Market is waiting to see them develop their assets, on time, and on budget, and lower their costs and cash costs, after their large acquisition. He likes it because of the value proposition that it offers for the portfolio.
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