IAMGOLD Corp T.IMG

Alternate Symbol(s): IAG

Metals & Mining Gold

IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. Its principal activities are the exploration, development, and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. It owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau. It holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec. It also owns Rich Lake and Lac a l’Eau Jaune (gold) properties.

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IAMGOLD Corp > IAG has more "available liquidity" than it is worth?

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Post by TuTomekon Aug 04, 2021 6:57pm

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Post# 33652504

IAG has more "available liquidity" than it is worth?

Let's take a look at IAG because "All monetary amounts are expressed in U.S. dollars"

IAG has Marketcap 1.27b

and in Q2 Report we see:

"Cash, cash equivalents and short-term investments totaled $829.8 million and available liquidity totaled $1.3 billion at June 30, 202"

IAG has more "available liquidity" than it is worth on the market?
Am I reading it right?
GLTA!

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