IAMGOLD

IAG

Market cap $10.6B

IAG shares touch a new 52-week high as Cote Gold hit record output, costs fall and strategic acquisitions boost growth and investor confidence.

IAG's Q3 gold output rose about 10% as Cote Gold ramped up, lifting revenue 61% year over year amid declines at Westwood and Essakane.

IAG share price started the year well, rising to a key resistance level at 430p, its highest level since January 2020, and a few points below its all-time high of 438p. It has been in a strong bull run, rising by 380% from its lowest point in 2022.

IAG closed Northern Superior and Orbec acquisitions, building the Nelligan Mining Complex with major gold resources in Quebec.

Prague-based Pale Fire Capital SE increased its IAMGOLD stake by 2.6 million shares in the third quarter. The position value increased by $41.12 million from the previous period.

Does Iamgold (IAG) have what it takes to be a top stock pick for momentum investors? Let's find out.

IAMGOLD closes Orbec acquisition, adding the Muus Project to its Nelligan Mining Complex and expanding exploration potential in Quebec.

Iamgold (IAG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, Dec. 23:

Here is how Iamgold (IAG) and Salzgitter AG (SZGPY) have performed compared to their sector so far this year.