IAMGold Corporation logo

IAMGold Corporation(IAG)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$18.76
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for IAG

11/06/2026: IAG (3-star) is currently NOT-A-BUY. Pass it for now.

IAMGold Corporation is an intermediate gold mining company that produces gold primarily from its operations in Canada and South America. Its main strength lies in the recent ramp-up of the large-scale Côté Gold mine, which serves as a major engine for future production growth. The investment story centers on transitioning to a higher-margin, lower-risk production profile. Key risks include exposure to volatile gold prices, the ongoing need to manage operational costs, and the risks inherent in large-scale project execution. The stock may suit investors seeking long-term growth through precious metals production, though they should monitor production milestones closely.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is tied to project execution rather than rapid market expansion.
Momentum investorStrong fit while signal remains positiveGold mining stocks often exhibit strong momentum during bullish gold price cycles.
Value investorMixed fitValuation depends heavily on long-term gold price assumptions and production costs.
Dividend investorWeak fitThe company does not currently pay a dividend, prioritizing capital growth.
Low-risk investorWeak fitThe mining sector involves high price volatility and operational risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighCompany revenue is directly linked to fluctuating gold spot prices.
Valuation riskMediumMarket prices often fluctuate based on speculative interest in gold.
Competition risk (Gold Producers)MediumLarger peers have greater scale and lower cost profiles.
Business qualityMediumOperational execution at the Côté mine is central to business health.
Dividend incomeLow / noneThere is no income return for investors.
Execution riskMediumMining development projects face potential delays and budget overruns.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit 33.3%
Avg. Invested days 35
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
IAG receives a 4-star rating, supported by strong unit economics, solid company fundamentals, solid quantitative characteristics, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
IAG has solid overall fundamentals (4 stars), with solid financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, strong cash generation (FCF margin 26.6%) and strong revenue growth (+77.8%) are partially offset by negative earnings growth (-17.5%), very low insider ownership of 0.11%.

Financial Health Rating

★★★★★
IAG's financial health is supported by solid cash strength, including free-cash-flow generation (26.6% of revenue). Overall financial-health metrics support a 4-star score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is IAG's strongest growth driver at +654.6% FY2025 versus FY2024 (strong, 5 stars). By comparison, revenue growth (+77.8%, strong) is also strong, while earnings growth (-17.5%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 77.1% and approximately 99.8% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.11%, which materially reduces the ownership score.

Top 5 Institutional Investors

Van Eck Associates Corporation 6.67%
Fidelity International Ltd 5.18%
BlackRock Inc 3.87%
FMR Inc 3.29%
Vanguard Capital Management, LLC 2.83%

Unit Economics (Per $1K Revenue)

★★★★★
IAG generates approximately $412 of gross profit, $389 of operating income, and $266 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong margins and strong cash conversion support the rating, although capital efficiency remains solid.

Economic Dimensions

★★★★★
Effective Tax Rate: 24.49%

Quantitative Style Profile

★★★★★
IAG has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

Value-OrientedQuality TiltHigh VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 10.63B USD
Price to earnings Ratio 8.34
1Y Target Price 22.93
Price to earnings Ratio 8.34
1Y Target Price 22.93
Volume (30-day avg) 4.6M shares
Beta 2.39
52 Weeks Range 12.63 - 24.87
Updated Date 11/08/2026
52 Weeks Range 12.63 - 24.87
Updated Date 11/08/2026
Dividends yield (FY) -
Basic EPS (TTM) 2.25

How Company Makes Money

Business areaWhat it includesRetail investor read
Gold ProductionSale of gold dore bars from operating mines in Canada and South America.Revenue is earned by selling gold produced at costs below current market prices.

Earnings Date

Report Date 2026-11-05
When After Market
Estimate 0.36
Actual 0.42

Profitability

Profit Margin 34.29%
Operating Margin (TTM) 43.99%

Management Effectiveness

Return on Assets (TTM) 20.39%
Return on Equity (TTM) 34.91%

Valuation

Trailing PE 8.34
Forward PE 8.9
Enterprise Value 10.47B
Price to Sales(TTM) 2.77
Enterprise Value 10.47B
Price to Sales(TTM) 2.77
Enterprise Value to Revenue 2.74
Enterprise Value to EBITDA 4.34
Shares Outstanding 566.70M
Shares Floating 565.46M
Shares Outstanding 566.70M
Shares Floating 565.46M
Percent Insiders 0.11
Percent Institutions 77.12

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.