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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.


TSX:IMG - Post by User

IAMGOLD Corp
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Post by SPACEDOCon Oct 23, 2024 12:02pm
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Post# 36278678

National Bank of Canada $12.00 price target.

National Bank of Canada $12.00 price target.

Iamgold Rated Outperform at National Bank of Canada

MT NEWSWIRES 11:11 AM ET 10/23/2024
Symbol Last Price Change
IAG 5.965up -0.145 (-2.3732%)
QUOTES AS OF 12:00:21 PM ET 10/23/2024

11:11 AM EDT, 10/23/2024 (MT Newswires) -- National Bank of Canada on Wednesday maintained its outperform rating on the shares of Iamgold(IAG) and its $12.00 price target.

Iamgold (IAG) recently provided assays from the 2024 drilling program at its Nelligan project as well as an updated resource estimate for its Monster Lake project. Both projects are located near each other in Quebec.

The bank said the market may not be fully appreciating the value of large exploration project complex.

National Bank said Iamgold(IAG) is among its top picks in the intermediate producer space.

Price: 8.28, Change: -0.16, Percent Change: -1.90


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