TSE:IMG
Iamgold Corp (IMG.TO)
Financials 
Technical Analysis 
May 28, 2026, 12:00 amThis summary was created by AI, based on 3 opinions in the last 12 months.
Iamgold Corp (IMG-T) has been receiving a mixed yet cautiously optimistic response from industry experts. While the consensus indicates that it's not one of the lowest-cost producers in its sector, it is viewed as the most-improved gold story in Canada. Analysts foresee a significant inflection point occurring in 2026, when the company anticipates robust free cash flow (FCF) generation, largely due to the upcoming full operation of its Cote gold mine. This mine is projected to greatly enhance production and possibly position Iamgold as one of the top mining companies in Canada. However, there is caution regarding future prospects post-2028, especially with its West Africa mine conclusion. Notably, while the price of gold has seen an increase, which has positively impacted the company, it currently does not offer a dividend.
(Note the short timeframe.) Inflection point in 2026, where FCF will be a wall of cash. Will be one of the top 5 mines in Canada once it hits full operation. Still a takeover candidate.
Dennis da SilvaConsistent theme across his Top Picks will be companies that are going to rerate, due to new projects or a shift in business.
This one has benefited from strong gold prices, but real upside will come from the Cote gold mine around Sudbury. It will start to operate at full speed by end of 2025, meaning material growth in production. Budget doubled, but all sins are forgiven because so has the price of gold since the mine opened. They'll be able to de-leverage, resulting in significant FCF in 2026 and 2027 for either buybacks or distributions.
Key will be what happens after 2028, because their West Africa mine ends. No dividend.
Dennis da SilvaThe question was on Iamgold and Teck Resources. IMG has declared some good news from its Quebec mine and Teck has more copper production with gold as an add-on. However both operate in some places that are less politically agreeable. He likes the gold sector but prefers bigger and more diversified companies in more stable countries including the U.S., Canada, Mexico and Chile. Following along this theme he owns both Kinross and Agnico Eagle.
Great rocks. Lousy balance sheet, which needs to be fixed with refinancing and can get ugly for existing shareholders. For most investors, he'd sell and take the tax loss. Then re-buy in 31 days depending on outcome of refinancing. New CEO is an expert in troubled companies.
Rick Rule
Whole sector's been a pretty good place to be. If you're looking for real strength as far as opportunity goes, move downstream from the big names to mid-tier names like IMG. Those are the ones that are behaving quite robustly.
Often it works to buy a basket, and then drill down and add one name for some extra alpha.
Ross Healy
Ross Healy
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Iamgold Corp (IMG.TO) Frequently Asked Questions
What is Iamgold Corp stock symbol?
Iamgold Corp is a Canadian stock, trading under the symbol IMG.TO (previously IMG-T on Stockchase) on the Toronto Stock Exchange (IMG-CT). It is usually referred to as TSX:IMG or IMG.TO
Is Iamgold Corp a buy or a sell?
In the last year, 2 stock analysts published opinions about IMG.TO (previously IMG-T on Stockchase). 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Iamgold Corp.
Is Iamgold Corp a good investment or a top pick?
Iamgold Corp was recommended as a Top Pick by Jaime Carrasco on 2019-03-15. Read the latest stock experts ratings for Iamgold Corp.
Why is Iamgold Corp stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
Is Iamgold Corp worth watching?
2 stock analysts on Stockchase covered Iamgold Corp in the last year. It is a trending stock that is worth watching.
What is Iamgold Corp stock price?
On 2026-05-28, Iamgold Corp (IMG.TO) stock closed at a price of $24.23.
Neither is in the lowest-cost quartile in the space. IMG is the most-improved gold story in Canada. He is a gold bull, but neither would be in his Top 20.