TSX:IMG - Post Discussion
Post by
Luke555 on Mar 20, 2024 9:06pm
IAMGOLD - EXCITING TIMES AHEAD
Hello fellow shareholders! I’d like to share a few comments. I’m highly optimistic that IMG will become a quality stock. The share price has broken-out of its lows and the doldrums era is over. Shareholders are awaiting the big annoucement of the initial gold production at Cote.
As of March 20, 2024, the stock price for IMG.TO stands at CAD 4.15. This represents a 3.75% increase from the previous day’s closing price of CAD 4.00.
Over the past year, the stock has seen a 52-week low of CAD 2.71 and a 52-week high of CAD 4.53.
The market cap for IAMGOLD Corporation is approximately CAD 2.03 billion. While there’s no forward dividend at the moment, the company continues to make strategic moves in the market. IAMGOLD has the potential to become a senior mining company with a diverse portfolio of mines. The company is establishing a strong presence in one of the best mining jurisdictions in the world, Ontario and Quebec.
The ongoing exploration drilling programs at Gosselin, Nelligan and Essakane should produce a significant increase in their resources and mineral reserves.
Remember, investing is a journey, and your patience and foresight are commendable. So, raise that martini glass and toast to the exciting times ahead! Enjoy watching your investment grow over the next year.
Cheers to all IMG investors.
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