| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 89 | 10.3x | 17.8x | Top tier | |
Growth | 90 | 86.9% | 7.1% | Top tier | |
Quality | 91 | 28.4% | 4.5% | Top tier | |
Safety | 92 | 0.1x | 2.6x | Top tier | |
Capital Return | 62 | 1.09% | 2.12% | Around median | |
Momentum | 65 | 81.5% | 2.9% | Around median | |
Sentiment | 76 | 7 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Iamgold Corporation produces gold and develops its resources across three operating mines: Cote, Essakane, and Westwood, alongside the development of the Nelligan complex in Quebec. Its revenue is generated primarily from gold sales, so its results are tied to production volumes, grades, recovery rates, mining and processing costs, and the realized gold price. In Q2 FY2026, the company produced 188,100 ounces, including 88,400 ounces from Essakane, 67,300 ounces from Cote on an attributable basis, and 32,400 ounces from Westwood, representing approximately 47%, 36%, and 17% of production, respectively.
In Q2 FY2026, revenue reached $856.9 million from the sale of 195,100 ounces at an average realized price of $4,384 per ounce. Adjusted earnings before interest, taxes, depreciation, and amortization were $507.1 million, representing a margin of approximately 59.2%, while adjusted net earnings attributable to shareholders reached $241.6 million, or $0.42 per share, compared with $77.3 million and $0.13 per share in Q2 FY2025. Operating cash flow also increased to $445.1 million, and mine-site free cash flow reached $368.9 million, up 169% from the corresponding period.
The annual financial statements show significant business expansion; FY2025 revenue increased to $2.9 billion from $1.6 billion in FY2024, while gross profit rose to $1.2 billion from $549.9 million, representing a gross margin of approximately 41.4% versus 34.4%. However, net income declined to $732.3 million from $847.8 million, and earnings per share fell to $1.14 from $1.50, illustrating that revenue and gross profit growth did not fully translate into net profit.
The analyst consensus is Buy, with an average price target of $22 and a relatively narrow range of $20 to $24; the average is below the 52-week range high of $24.87 but well above the range low of $9.15. A price-to-earnings ratio is unavailable in the provided data, so the stock’s valuation depends more heavily on sustainable cash flow, lower Cote costs, and the gold price, while analyst targets must be weighed against higher royalties and the unresolved cost of the larger expansion.
Figures in the text are as of 2026-08-29; the live price is shown at the top of the page.
Revenue reached $856.9 million from sales of 195,100 ounces at an average realized gold price of $4,384 per ounce. Adjusted earnings before interest, taxes, depreciation, and amortization reached $507.1 million, while adjusted net earnings attributable to shareholders were $241.6 million, or $0.42 per share. Operating cash flow increased to $445.1 million, compared with $85.8 million in Q2 FY2025. The mines also produced 188,100 ounces, led by Essakane, followed by Cote and Westwood.
The company produced 371,700 ounces in the first half of FY2026 against annual guidance of between 720,000 and 820,000 ounces. Cote’s FY2026 year-to-date production reached approximately 170,900 ounces on a 100% basis, within annual guidance of between 309,000 and 440,000 ounces. Westwood production reached 68,600 ounces against an annual target of between 110,000 and 130,000 ounces, while Essakane production reached approximately 183,500 ounces. The second-half increase depends on Cote operating near 36,000 tonnes per day and head grades of between 1.05 and 1.15 grams per tonne.
Together, the two zones contain 20.3 million ounces of measured and indicated resources and 3.5 million inferred ounces on a 100% basis. The technical report due by the end of 2026 aims to integrate Cote and Gosselin into a single model and demonstrate an increase in reserves and mine life. The report will also establish a pathway to increase processing from the nameplate capacity of 36,000 tonnes per day to approximately 40,000 tonnes per day through debottlenecking and plant improvements. Expansion to 50,000 tonnes per day or more remains under trade-off studies, with a previous capital estimate of $500 to $700 million deferred.
Automated analysis for informational purposes only — not investment advice.
Mine-site free cash flow reached $893.5 million in the first half of FY2026, including $368.9 million in Q2. During the quarter, the company funded $115.6 million in capital expenditures, repaid the remaining $100 million balance on its credit facility, and paid $74 million to the Burkina Faso government related to Essakane distributions. It also spent $147.9 million on share repurchases during the quarter, bringing the total since December 2025 to $510.4 million for approximately 28 million shares. Management stated that it is considering initiating dividends in early 2027 while continuing to evaluate the option to repurchase the Cote royalty interest before April 2027.
The group’s cash costs, including royalties, reached $1,289 per ounce in Q2 FY2026, and costs were trending toward the upper half of annual guidance. Gold price-linked royalties added approximately $380 per ounce in the first half, while oil prices that were approximately $25 to $30 per barrel above the company’s assumptions increased costs by about $35 per ounce above guidance. At Cote, all-in sustaining costs excluding royalties were $2,082 per ounce, affected by external crushing, conveyor repairs, maintenance, and diesel. The company aims to reduce mining costs to $4 per tonne and processing costs to $15 per tonne by the end of 2026 after ending external crushing and commissioning the second crusher.
The analyst consensus is Buy, with an average price target of $22, a high target of $24, and a low target of $20. The average target is approximately 11.5% below the 52-week range high of $24.87, while the range low is $9.15. A price-to-earnings ratio is unavailable in the provided data, although earnings per share were $1.14 in FY2025 and $0.42 on an adjusted basis in Q2 FY2026. Therefore, the valuation assessment depends on Iamgold’s ability to stabilize Cote production, reduce its costs, and maintain cash flows despite high royalties.
