Latest news with #CôtéGold
Yahoo
06-05-2025
- Business
- Yahoo
Why IAMGOLD Corporation (IAG) Soared on Monday
We recently published a list of Why These 10 Firms Soared on Monday. In this article, we are going to take a look at where IAMGOLD Corporation (NYSE:IAG) stands against other Monday's best performers. The stock market kicked off the trading week on a negative note as investors sold off on a new round of uncertainties from President Donald Trump's tariff policies. The Nasdaq fell by 0.74 percent, while the S&P 500 dropped 0.64 percent and the Dow Jones was down by 0.24 percent. Over the weekend, Trump told reporters that the US was negotiating with many countries, 'but at the end of this, I'll set my own deals — because I set the deal, they don't set the deal.' He added that he had no intentions to talk with Chinese President Xi Jinping, dampening hopes of a potential negotiation between the two of the world's largest economies. Beyond the major indices, 10 companies stood out with strong gains amid a flurry of fresh developments. In this article, we name Monday's 10 best performers and detail the reasons behind their gains. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. Why IAMGOLD Corporation (IAG) Soared on Monday Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. IAMGOLD Corporation (NYSE:IAG) Shares of IAMGOLD Corp. rose by 3.57 percent on Monday to close at $6.96 apiece as investors repositioned their portfolios following the surge in gold prices, and ahead of the release of its first quarter earnings performance. According to the company, it will release its key operational and financial highlights after the market closes on Tuesday, May 6. A conference call will follow to elaborate on the results at 8:30 AM on Wednesday, May 7. Additionally, market sentiment was fueled by the surge in spot prices of gold, which as of this writing was up by 2.76 percent at $3,329.86 per ounce, as investors resorted to safer assets anew amid the weakness in the US dollar. IAMGOLD Corporation (NYSE:IAG) is a leading gold producer with assets across Canada and West Africa. The company fully owns the Westwood project in Quebec, holds a 60 percent stake in the Côté Gold project in Ontario, and controls 90 percent of Essakane in Burkina Faso. For this year, it targets gold production to hit between 735,000 and 820,000 ounces, focusing on maximizing Côté Gold's potential. Overall, IAG ranks 10th on our list of Monday's best performers. While we acknowledge the potential of IAG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IAG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
Yahoo
25-04-2025
- Business
- Yahoo
Why IAMGOLD Corporation (IAG) Lagged Performance on Wednesday
We recently published an article titled . In this article, we are going to take a look at where IAMGOLD Corporation (NYSE:IAG) stands against the other stocks. Wall Street's major indices finished in the green territory anew on Wednesday as worries about tariff policies and the Federal Reserve's independence tapered off following President Donald Trump's assurance that he had no intentions of ousting Jerome Powell. The Nasdaq surged by 2.5 percent, the S&P 500 rose by 1.67 percent, while the Dow Jones increased by 1.07 percent. Ten companies, on the other hand, led the highest declines, booking modest losses during the trading session. In this article, we have identified Wednesday's 10 worst-performing stocks and detailed the reasons behind their lagging performance. To come up with the list, we considered only the stocks with more than $2 billion in market capitalization and $5 million in trading volume. Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. IAMGOLD Corporation (NYSE:IAG) extended its losing streak for a fourth straight day on Wednesday, shedding another 5.5 percent to finish at $7.22 apiece as investors continued to sell off shares in the company in line with the decline in spot prices of gold. As of 4:46 PM EDT on Wednesday, gold spot prices are down by 2.73 percent at $3,288.44 per ounce. Additionally, investors appeared to have repositioned portfolios ahead of the company's first-quarter earnings release on May 6. IAMGOLD Corporation (NYSE:IAG) is a leading gold producer with assets across Canada and West Africa. The company fully owns the Westwood project in Quebec, holds a 60 percent stake in the Côté Gold project in Ontario, and controls 90 percent of Essakane in Burkina Faso. For this year, it targets gold production to hit between 735,000 and 820,000 ounces, focusing on maximizing Côté Gold's potential. Overall IAG ranks 10th on our list of the worst performing stocks on Wednesday. While we acknowledge the potential of IAG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IAG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
12-04-2025
- Business
- Yahoo
Why IAMGOLD Corporation (IAG) Soared Last Week?
We recently published a list of . In this article, we are going to take a look at where IAMGOLD Corporation (NYSE:IAG) stands against other firms that defied the market slump and recorded double-digit gains last week. The stock market may have taken a beating for most of the week, but it was able to recover losses on Friday, as investors gobbled up shares while weighing the impact of the US-China trade war. Among all major indices, the tech-heavy Nasdaq registered the highest gain, up 7.29 percent, followed by the S&P 500 with 5.7 percent, and the Dow Jones by 4.95 percent. Ten companies, predominantly in the gold and biopharmaceutical sectors, were the week's top performers as investors sought haven from their stocks amid market uncertainties. In this article, we have identified last week's 10 highest gainers and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume. The week-on-week prices were based on the companies' closing prices on Friday as against on April 4, or a week earlier. Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. IAMGOLD Corp. surged by 28.2 percent this week to close at $7.22 each on Friday versus the $5.63 last week, as the company continued to benefit from the rally in gold prices. During a generally pessimistic trading week, IAG defied the market slump, rallying for five consecutive days, as investor funds continued to flock to gold miners to mitigate risks from the escalating trade war between the US and China. Additionally, investors appeared to have snapped up shares in the company ahead of its first-quarter earnings release on May 6. IAG is a leading gold producer with assets across Canada and West Africa. The company fully owns the Westwood project in Quebec, holds a 60 percent stake in the Côté Gold project in Ontario, and controls 90 percent of Essakane in Burkina Faso. For this year, it targets gold production to hit between 735,000 and 820,000 ounces, focusing on maximizing Côté Gold's potential. Overall, IAG ranks 5th on our list of firms that defied the market slump and recorded double-digit gains last week. While we acknowledge the potential of IAG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is as promising as IAG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
12-04-2025
- Business
- Yahoo
Why IAMGOLD Corporation (IAG) Went Up On Thursday?
We recently published a list of . In this article, we are going to take a look at where IAMGOLD Corporation (NYSE:IAG) stands against other Thursday's best performers. Investors sold off positions on Thursday, sending the stock market tumbling anew following President Donald Trump's announcement that he had actually raised tariffs on Chinese goods by 145 percent since taking office. Among all major indices, the Nasdaq was battered the most, losing 4.31 percent. The S&P 500 followed with a 3.46-percent drop while the Dow Jones came in last, down 2.50 percent. Meanwhile, 10 companies bucked a broader market decline, registering modest gains during the session. In this article, we have listed Thursday's 10 best performers and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume. Aerial view of the Rosebel gold mine in Suriname with its open pits spanning across the landscape. IAMGOLD Corp. extended its rally for a fourth consecutive day on Thursday, adding 5.68 percent to end at $6.88 apiece amid higher gold prices and with investor funds flocking to gold assets for safety from the ongoing market uncertainties. On Thursday, gold saw spot prices rise by 0.35 percent to end at $3,187.30 per ounce after jumping to an all-time high of $3,188.45 at the intra-day session. In recent news, IAG said that it would release its first-quarter earnings performance on May 6. IAG is a leading gold producer with assets across Canada and West Africa. The company fully owns the Westwood project in Quebec, holds a 60 percent stake in the Côté Gold project in Ontario, and controls 90 percent of Essakane in Burkina Faso. For this year, it targets gold production to hit between 735,000 and 820,000 ounces, focusing on maximizing Côté Gold's potential. Overall, IAG ranks 5th on our list of Thursday's best performers. While we acknowledge the potential of IAG as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than IAG but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Globe and Mail
09-04-2025
- Business
- Globe and Mail
IAMGOLD Provides Notice of First Quarter 2025 Results and Conference Call
Toronto, Ontario--(Newsfile Corp. - April 9, 2025) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce it plans to release its first quarter 2025 operating and financial results after market hours on Tuesday, May 6, 2025. Senior management will host a conference call to discuss the operating performance and financial results on Wednesday, May 7, 2025, at 8:30 a.m. (Eastern Time). Listeners may access the conference call via webcast from the events section of the Company's website at (webcast link below), or through the following options: Pre-register via: Chorus Call IAMGOLD Q1 2025 Registration (recommended) - Upon registering, you will receive a calendar booking by email with dial-in details and unique PIN. This process will bypass the operator and avoid the queue. Toll free (North America): 1 (833) 752-3518 International: 1 (647) 846-8209 Webcast: An online archive of the webcast will be available by accessing the Company's website at A telephone replay will be available for one month following the call by dialing toll free 1 (855) 669-9658 within North America or 1 (412) 317-0088 from international locations and entering the passcode: 8547526. About IAMGOLD IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa, including Côté Gold (Canada), Westwood (Canada) and Essakane (Burkina Faso). On March 31, 2024, the Company commenced production at Côté Gold, in partnership with Sumitomo Metal Mining Co. Ltd., a mine that has the potential to be among the largest gold mines in Canada. In addition, the Company has an established portfolio of early stage and advanced exploration projects within high potential mining districts. IAMGOLD employs approximately 3,700 people and is committed to maintaining its culture of accountable mining through high standards of Environmental, Social and Governance practices, including its commitment to strive for the goal of Zero Harm®. IAMGOLD is listed on the New York Stock Exchange (NYSE: IAG) and the Toronto Stock Exchange (TSX: IMG).
