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IAMGOLD Corp T.IMG

Alternate Symbol(s):  IAG

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.


TSX:IMG - Post by User

Post by toppgunnon Aug 29, 2024 4:06pm
269 Views
Post# 36201815

IMG last above $10 at Jan 2013

IMG last above $10 at Jan 2013Its been a long time since IMG has exceeded $10 and need to go back to Jan 2013 before went into hibernation for 10 years plus.  Good to see, IMG is finally on an uptrend and cautiously optimistic gets back to those levels within the year.  There is more share dilution at recent financing and fortunately done near the 52 week high in the $5 dollar range which ranks high in my banks.  Mining companies are known to finance at the 52 wk low and then companies continue to struggle.  Anyways, with Cote with increases in produciton, gold trading at historial highs in the $2000 plus range the future is significantly a lot brigher for IMG. 
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