IAMGOLD aspires to be a leading Canadian-focused gold producer with a modern multi-asset portfolio, empowered workforce, generating value for all stakeholders.

The company recently started production at Côté Gold – Canada’s next large-scale, long life gold mine which will be a model for modern mining in Canada.

Bullboard - Investor Discussion Forum 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... see more

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TSX:IMG - Post Discussion

IAMGOLD Corp > share buybacks

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Post by forkliftguy on Feb 15, 2021 1:28pm

share buybacks

Iamgold has a similiar problem as Yamana , another gold company which I own . There are too many shares outstanding for a one billion dollar revenue company . While the share price is low , and the company is making lots of money , I would suggest a large share buyback program . That way the earnings per share can show a continual rise which will help the share price .

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Comment by toppgunn on Feb 16, 2021 2:50pm

Good points on share buybacks. With that said, IMG has about .5 billion and YRI has about a billion shares outstanding. I use to own Yamana from 2005 ish to 2012 ish then sold for a good profit. Those were good years in golds and rose during that time. I agree, would rather have some of these gold companies start buying back their float instead of dividends to get the ...more

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Comment by frances1 on Feb 16, 2021 7:08pm

Interesting the new website lists accretive acquisitions as one reason to own this company....perhaps they are listening to their shareholders and growth might be part of the plan

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