Iamgold Corporation (IAG) オプション

Why central banks’ hunger for gold shows ‘no sign of being quelled’ this year
Published: Feb. 5, 2025

Central banks, as well as exchange-traded-fund investors, are likely to drive gold demand this year, with economic uncertainty supporting gold’s role as a risk hedge, the World Gold Council said. Central banks have been net buyers of gold for the past 15 years, “yet their hunger for gold shows no sign of being quelled.”

...“geopolitical and economic uncertainty remains high in 2025 and it seems as likely as ever that central banks will once again turn to gold as a stable strategic asset,” it said.

(Attributable) gold sales 171,000 ounces Q3
average realized price $2,391 per ounce
.
Attributable gold sales 177,000 ounces Q4
average realized price $2509 per ounce
.
Analyst has Q4 earnings at 0.14 when everything points towards a sizable beat of 0.18 for Q3

About the collar on pre-sales. Looked at Q3 found the answer and it is good news.

The Company delivered 37,500 ounces under the 2022 Prepay Arrangements in the third quarter 2024 (100,000 ounces YTD) and Company received $10.0 million ($28.9 million YTD) in relation to the collar.

Quoted directly from Q3 earnings report. Better is Q2 of 2025 has upside on the collar at $2900 per oz. Collar term on other quarters = $1,700 to $2,100

Looking forward and the prepay gold for Q2 2025
Key terms of the 2025 Q2 Prepay Arrangement are as follows:

Funding of $59.4 million is provided to IAMGOLD at an effective gold price of $1,900 per ounce (net of financing costs) and paid equally in three monthly increments in the second quarter of 2024 for physical delivery of 31,250 ounces of gold over the period of April 2025 to June 2025.
The arrangement has a collar range of $2,100 to $2,925 and IAMGOLD will receive a cash payment based on the market price, if it is within the collar range in the month of delivery.
.
Not an accountant and wondering if this means Iamgold will recieve payment for anything above $1900?

Gundlach is known as the bond king and sees serious over valuation in a market that hasnt' seen a normal recession. Sees the anomaly of Gold trending higher despite a strong dollar and say he sees the gold as a sensible place to park money, especially miners. Couldn't be happier with this investment and expect to hold thru 2026.
Yearly update released Jan 14
2024 attributable gold production of 667,000 ounces
2025 Outlook attributable gold production of 735,000 to 820,000 ounces,
2023 attributable gold production of 465,000 ounces
.
Management consistently guides expectations to lower and 800,000 for 2025 look likely. So really strong growth with the low cost Cote and its higher margin production ramping all year.
Presales of gold will be off the books by mid-year so higher margins in back half of 2025

Doing math for 4th Q
2024 attributable gold production of 667,000 ounces
3rd Q 490,000 ounces
production for Q4 = 177,000 ounces or 4,000 more ounces than Q3

The Cote buildout is looking to outperform management forecast
When online in December, the plant averaged 1,593 tph, or effectively 106% of nameplate, 90% was the target for end of year. Still working out bugs so even more upside possible? Full production for Q1 should see significant increase in Cote contribution to bottom line.

Possible dividend coming in second half of 2025? Buyout possible as the majors primary ability to maintain their production is now M&A as new exploitable fields have become a rare thing.

August 3, 2022
...estimated $1,908 million more to bring Cote to production

* If someone were to start development of Cote today, with higher development costs, it would be a total cost of $3 billion+ to get the mine to production? Just doing some math for what a buyout price would look like just for a Cote/Nelligan bid.

Short Interest in IAMGOLD Co. (NYSE:IAG) Decreases By 9.7%
Written by MarketBeat
April 15, 2024
SHARE

IAMGOLD logoIAMGOLD Co. (NYSE:IAG -TSE: $IMG was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 8,010,000 shares, a drop of 9.7% from the March 15th total of 8,870,000 shares. Based on an average trading volume of 8,450,000 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.6% of the shares of the stock are short sold.

Today
IAMGOLD Stock Down 2.2 %
Two Tiny Mining Stocks Worth Considering for the Next Gold Rush
IAG traded down $0.08 during trading on Monday, reaching $3.53. 1,647,328 shares of the stock traded hands, compared to its average volume of 8,604,386. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 19.16, a price-to-earnings-growth ratio of 1.24 and a beta of 1.69. IAMGOLD has a fifty-two week low of $1.99 and a fifty-two week high of $3.92. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.19 and a quick ratio of 0.77. The stock's 50-day simple moving average is $2.98 and its two-hundred day simple moving average is $2.61.

IAMGOLD (NYSE:IAG - Get Free Report) TSE: IMG last released its quarterly earnings data on Thursday, February 15th. The mining company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.04. The firm had revenue of $297.60 million during the quarter. IAMGOLD had a return on equity of 1.97% and a net margin of 9.55%. As a group, equities research analysts expect that IAMGOLD will post 0.07 EPS for the current year.

More info
Institutional Trading of IAMGOLD

A number of institutional investors and hedge funds have recently made changes to their positions in IAG. Helikon Investments Ltd acquired a new stake in shares of IAMGOLD in the fourth quarter worth about $23,722,000. Two Sigma Investments LP lifted its position in shares of IAMGOLD by 492.0% in the first quarter. Two Sigma Investments LP now owns 7,284,801 shares of the mining company's stock worth $19,742,000 after buying an additional 6,054,262 shares during the last quarter. Norges Bank acquired a new stake in shares of IAMGOLD in the fourth quarter worth about $12,557,000. Donald Smith & CO. Inc. lifted its position in shares of IAMGOLD by 13.9% in the fourth quarter. Donald Smith & CO. Inc. now owns 35,778,309 shares of the mining company's stock worth $90,519,000 after buying an additional 4,358,444 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of IAMGOLD in the fourth quarter worth about $10,972,000. Institutional investors and hedge funds own 47.08% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. BMO Capital Markets increased their target price on IAMGOLD from $4.00 to $4.25 and gave the company an "outperform" rating in a report on Friday, April 5th. National Bank Financial restated a "sector perform spec overwgt" rating on shares of IAMGOLD in a report on Monday, April 8th. CIBC increased their target price on IAMGOLD from $3.00 to $3.10 and gave the company a "neutral" rating in a report on Wednesday, February 7th. Finally, StockNews.com upgraded IAMGOLD from a "sell" rating to a "hold" rating in a report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, IAMGOLD has an average rating of "Hold" and a consensus price target of $3.52.

https://www.marketbeat.com/instant-alerts/nyse-iag-options-data-report-2024-04-15/

Just a matter of time
"Pour Some Sugar On Me"

Wouldn’t bet against you
Is it possible for spot gold to evolve into a hysteria
Been around markets for almost 50 years to witness my fair share of hysterias
IAG new 52 week high

$IAG Pivoting on 3 year high next stop $5

The miners with good stories are doing better !

Keep on Pouring that gold 😀

$IAG Côté Gold is expected to be within the largest operating gold mines in Canada with an expected mine life exceeding 18 years and significant opportunities for growth. On a project level, combining the Côté and Gosselin deposits, Côté has a total estimated Measured and Indicated Mineral Resource1 of 16.5 million ounces with an additional 4.2 million ounces of Inferred1, putting the project in exclusive company of large-scale Canadian assets.

IAMGOLD Announces First Gold Pour at Côté Gold
Mar 31, 2024
https://www.iamgold.com/English/investors/news-releases/news-releases-details/2024/IAMGOLD-Announces-First-Gold-Pour-at-Ct-Gold/default.aspx

He's off and running

JP Morgan - Stephen Jury (Not a goldbug news letter)
Managing Director
Mar 13, 2024
Our outlook on gold

We have a constructive outlook on gold over the next 12 months. We currently expect that the Federal Reserve will begin to cut interest rates in the United States – likely beginning in June, subject to revision. In our opinion this should set the stage for gold appreciation. A persistent theme of geopolitical tension should continue to drive Central Bank reserve diversification. In addition, 2024 will see over 60 countries – representing around half of the world’s population – heading to the polls for national elections. Tragically, two regional conflicts are still ongoing, and these may have an impact on global supply chains.

We look for more Central Banks to add to their buying momentum this year and assume these buyers may be less sensitive to prices. We look for retail ETF investors to come back to the market and begin accumulating gold once again as yields fall. Gold investment is not currently a crowded position. Investors have been lured by high cash interest rates – and we are particularly interested in this development. Under-owned and under-appreciated investments are often ripe for appreciation. Our current outlook for year-end 2024 is $2,250-2,350.

Blue Thunder Mining announces planning for 2024 exploration season with IAMGOLD
March, 18, 2024 -- (Blue Thunder Mining Inc) --

(NewsDirect)

Blue Thunder Mining CEO Dorian Nicol joined Steve Darling from Proactive to share exciting developments following successful meetings with IAMGOLD. IAMGOLD has joined Blue Thunder Mining as a major shareholder, holding a significant 14.5% interest in the company. This partnership underscores the potential of Blue Thunder Mining's flagship project, Muus, which is highly prospective for gold mineralization and strategically located adjacent to IAMGOLD's 5-million-ounce Nelligan gold project.
.
Iamgold looking like a consolidator before a buyout? Any buyout likely to happen before 4thQ which is when Cote is expected to be at full production status.

IAG expecting to see production from Cote by end of March. Expecting a Ceremonial "Opening" soon for the #3 Gold Mine in Canada.
Look back when company first broke ground;
Broke Ground officially in 2020
"Sep 11, 2020 — The ceremony was attended by Prime Minister Justin Treadue'.
.
Potential to be a real catalyst for price when they pick a date for "Opening Ceremony".

Odd action today. Somebody had to sell into the strength.

He concluded the interview by hinting where Barrick could next make a move.

“We need something for the North American team to chew on and ideally in the short-term it will more than likely be Canada.”
.
Cote will be the #3 gold producing mine in Canada. Gosselin is a large-scale deposit sitting immediately adjacent to Cote and is showing impressive growth in reserves as testing continues. Gosselin test results being validated by the actual production that starts late this quarter.

IAG is a great investment if Gold holds $1800 long term. All about Cote operations producing in 2024.

IamGold Corporation Price Levels to Watch - IAG

Wake up little fella

Globex Purchases the Rouyn Merger Gold Property
T.GMX |
ROUYN-NORANDA, Quebec, Aug. 05, 2021 (GLOBE NEWSWIRE) --

GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTM Zone, Stock Exchangesand GLBXF – OTCQX International in the US) is pleased to inform shareholders that Globex has purchased 100% interest in a block of claims in Rouyn and Joannes townships, Quebec (NTS 32D02) approximately 10 km east of Rouyn-Noranda herein called the Rouyn Merger property.

The property consists of 49 claims totaling 1,509.4 hectares (3,729.8 acres) covering approximately 6.5 kilometres (4.04 miles) of the prolific, gold localizing Cadillac Break.


$The vender, IAMGOLD Corporation (IMG–TSX), received 183,000 Globex shares subject to a 4 month hold period and a 1% Net Smelter Royalty.

The Rouyn Merger property includes several areas of known gold mineralization including the Rouyn Merger, O’Neil-Thompson and East O’Neil zones which have seen historical drilling to relatively shallow depth, outlining in some cases significant but erratic gold vein structures at or near the gold localizing Cadillac Break.

The Cadillac Break is one of the most important gold localizing structures in the Abitibi of Quebec and Ontario with numerous gold deposits located along its length.

The Rouyn Merger property has been explored intermittently since the 1930’s when the Rouyn Merger gold deposit was found. Various non-compliant resource calculations have been undertaken on the Rouyn Merger gold zone but, due to the structural complexity of the ore lenses and expected high levels of dilution, production has been limited to a brief period in 1948-1949 of 32,198 t grading 3.87 g/t Au.

Metallurgical testing between 1943 and 1947 indicated 95% gold recovery by treating ore crushed to 60% minus 200 mesh. Likewise, exploration on the O’Neil-Thompson gold zone outlined a non NI 43-101 compliant resource and limited production in 1936 of 2,449 tonnes.

Other occurrences such as the East O’Neil have published but unverifiable resources.

The most recent work on the property was in 2015-16 during which an aeromag survey was flown, mapping and surface sampling undertaken and seven drill holes completed totaling 1,956 metres in three target areas.

Several holes intersected significant gold values, such as Hole RM15-05 which returned 16.0 g/t Au over 1 metre from 277.5 to 278.5 m followed by 4.19 g/t Au over 0.5 m from 278.5 m to 279.0 m.

The target of this exploration was to locate a large tonnage, low grade, bulk mineable gold deposit not higher grade underground minable, narrower vein deposits historically mined along the Cadillac Break.

Prior to acquiring the property, Globex undertook 3D modeling of all the readily available geological, geophysical and drill data.

The modeling has allowed Globex to identify a number of priority areas for drilling many at shallow depth but others at mid-level depths of 500 metres and below.

Although the area was flown as recently as 2015 with an aeromagnetic survey, Globex believes that the details provided by closely spaced lines using the Novatem aeromagnetic system may unlock a better understanding of the geological trends and structures and Globex intends to undertake such a survey over the entire property but at a different angle than the previous survey in order to merge such data with our 3D modeling.

This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.

We Seek Safe Harbour. Foreign Private Issuer 12g3 – 2(b)
CUSIP Number 379900 50 9
LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada J9X 2J1

Tel.: 819.797.5242
Fax: 819.797.1470
info@globexmining.com

http://www.globexmining.com

Forward Looking Statements: Except for historical information, this news release may contain certain “forward looking statements”. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”). No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom. A more detailed discussion of the risks is available in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com.


Primary Logo

Tags:
INDUSTRIAL METALS & MINERALS

Iamgold to restart Westwood in second half of 2021

Canada’s Iamgold (TSX: IMG, NYSE: IAG) has confirmed it will resume operations at its Westwood underground mine in southwestern Québec in the second half of the year.

The gold mine has been halted since late October, when Iamgold had to lay off 437 workers or 70% of its underground staff following a seismic event at the operation.

The mill restarted in November, processing stockpile and Grand Duc satellite open pit ore. Workers began returning to the site last month and Iamgold said it would focus on training and rehabilitation work for the remainder of the quarter.

When operations restart, it will be in the East zone and progress to other zones in a staged manner, the Toronto-based company said.

Full article:
https://www.mining.com/iamgold-to-restart-westwood-in-second-half-of-2021/?utm_source=Precous_Metals_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=iamgold-to-restart-westwood-in-second-half-of-2021

I bought - just great timing I tell ya.

JUST IN: $IAG 4 Mining Stocks to Watch for the U.S. Presidential Election

Will These Mining Stocks Bring in the Bulls on November 3rd? Mining stocks have consistently been some of the most popular investment options. There are several reasons why this is the case. For one, we have seen gold prices and subsequently, precious metals prices, shoot up dur...

In case you are interested IAG - 4 Mining Stocks to Watch for the U.S. Presidential Election

I like to see if this price does good when gold reaches 3,000 a ounce it's coming right after the new year

* * $IAG Video Chart 02-24-2020 * *

Link to Video - click here to watch the technical chart video

News: $IAG Exploring Mining Podcast: News from (NYSE: NEM) (NYSE: MT) (NYSE: IAG) (NYSE: AU) (TSXV: ZON)

Point Roberts, WA and Delta, BC - December 26, 2019 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering mining and metals stocks releases today's edition of Exploring Mining Podcast , featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE companies plus i...

In case you are interested IAG - Exploring Mining Podcast: News from (NYSE: NEM) (NYSE: MT) (NYSE: IAG) (NYSE: AU) (TSXV: ZON)

News: $IAG IAMGOLD Agrees to Sell Its Interest in the Sadiola Gold Mine

(All figures in US dollars unless otherwise indicated.) Toronto, Ontario--(Newsfile Corp. - December 23, 2019) - IAMGOLD Corporation (TSX: IMG)   ("IAMGOLD" or the "Company") announced that the Company, together with our joint venture partner, AngloGold Ashanti Limited ("AGA"), h...

Find out more IAG - IAMGOLD Agrees to Sell Its Interest in the Sadiola Gold Mine

"SOMETHING VERY BIG HAS JUST HAPPENED."


This should help the mining sector explode.. ;^)

https://www.reuters.com/article/us-usa-trump-statement/trump-to-make-a-major-statement-on-sunday-white-house-idUSKBN1X602N?il=0

Hmmm....

Best guess..

"In terms of impeachment, there'll be a lotta noise. People need to understand, impeachment does not mean removal. It means the House of Representatives in fact comes up with what you might call an indictment. It's a process. But it then has to go through the Senate and get two-thirds. NOT GONNA HAPPEN. They are doing it for political purposes. The thing to watch for is what Attorney General Barr is gonna be releasing in the next few weeks in terms of his investigations of what was happening with the CIA, the FBI, and certain White House officials leading up to the 2016 election and afterwards. A LOT OF BAD THINGS WERE DONE. That's gonna dominate the news. A BIG SCANDAL COMING. That's gonna take all this other stuff off the pages."

-Steve Forbes

https://trendingpolitics.com/video/steve-forbes-watch-out-for-what-barr-will-release-in-the-coming-weeks-big-scandal-coming-5410.html?utm_source=realjack&utm_medium=twitter

Wonder what gold will do with all this uncertainty.. ;^)

Funny how everything is coming to a head this coming week.. Guess the market collapse needs to be blamed on something. Why not ridding the country of serious corruption..



Glta

Coming VERY soon..(CHART) ;^)

Only when you ZOOM OUT do you see the big picture.

BULL FLAG/RSI RESET ON GOLD______ASCENDING TRIANGLES ON THE OVERALL MARKETS ABOUT TO BREAK DOWNWARD IMO


Buy Gold/Silver Physical/Miners B4 'they' crash this thing and blame Trump giving us a socialist..(Go LONG and don't look back)



Ppl need to stop playing min to min day to day and zoom out and LOOK at what's ahead. Patience pays big time in this case.(Combine the fundamentals w/ the technical and watch it all fall apart)

A trade deal won't solve this. DUH

GLTA

News: $IAG Exploring Mining Podcast: News from (NYSE:IAG) (TSXV:AMK) (TSXV:BHS) (CSE:ABC) (TSXV:AWX)

Point Roberts, WA and Delta, BC - October 4, 2019 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast , featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE companies p...

In case you are interested IAG - Exploring Mining Podcast: News from (NYSE:IAG) (TSXV:AMK) (TSXV:BHS) (CSE:ABC) (TSXV:AWX)

News: $IAG IAMGOLD Announces the Resumption of Mining Operations at the Southern Pits of Its Rosebel Gold Mine

Toronto, Ontario--(Newsfile Corp. - September 23, 2019) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") today announced that, in continued coordination with the Government of Suriname ("Government") and local stakeholders, mining operations have resumed in the southern pits of ...

Find out more IAG - IAMGOLD Announces the Resumption of Mining Operations at the Southern Pits of Its Rosebel Gold Mine

$IAG Let the good time roll.. ;^)

https://finance.yahoo.com/news/1-china-gold-sees-canadas-194047307.html

News: $IAG IAMGOLD Announces Restart of Mining at Rosebel

Toronto, Ontario--(Newsfile Corp. - August 26, 2019) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") announced that, in coordination with the Government of Suriname ("Government") and local stakeholders, mining restarted over the weekend in the northern pits of its Rosebel Gold...

Find out more IAMGOLD Announces Restart of Mining at Rosebel

$IAG Glad I bought the pullback.

IAG - Strong Trend From Bottom - Good Supports Found

IAMGOLD Corp . engages in the exploration, development and production of gold and mineral resource properties. The company was founded by William D. Pugliese, Mark I. Nathanson, and Larry E. Phillips on March 27, 1990 and is headquartered in Toronto, Canada.

P/E Ratio (with extraordinary items)
-15.93

SHORT INTEREST
7.95M 07/15/19

Analyst Recommendation Target Price: 5.24

Analyst Recommendation: Overweight

NICE

https://www.barchart.com/stocks/quotes/IAG/overview

Looks like a buy out may be on the way.

News: $IAG IAMGOLD Reports Initial Results from Its 2019 Drilling Program Completed on Lac Gamble Zone of the Rouyn Gold Project, Quebec

Toronto, Ontario--(Newsfile Corp. - May 23, 2019) - IAMGOLD Corporation (TSX: IMG) ("IAMGOLD" or the "Company") today announced initial results from its 2019 winter diamond drilling program completed at the Rouyn Gold project optioned from Yorbeau Resources Inc. ("Yorbeau"), located 4 km sou...

Read the whole news https://marketwirenews.com/news-releases/iamgold-reports-initial-results-from-its-2019-drilling-program-completed-on-lac-gamble-zone-of-the-rouyn-gold-project-quebec-8233922.html

News: $IAG IAMGOLD Comments on Recent Trading Activity

Toronto, Ontario--(Newsfile Corp. - May 17, 2019) - IAMGOLD Corporation ("IAMGOLD" or the "Company") today provides the following comment on recent trading activity. As a general policy, the Company does not comment on speculation and rumours. The Company is not aware of any material chang...

Read the whole news https://marketwirenews.com/news-releases/iamgold-comments-on-recent-trading-activity-8205062.html

* * $IAG Video Chart 05-16-2019 * *

Link to Video - click here to watch the technical chart video

Added a few shares today

Out, took a little hit,I need some pizza money for the weekend

I am in

IAG ,CLOSED $2.53 Nice Buying point

IAG Closed 2.93

Loaded up some $3.22
Feels good and gold.

IAMGOLD (IAG) (IMG.to) and All-In Sustaining Costs magic

2/20/19

IAMGOLD (IMG.to) (IAG) reported its Q4 tonight and once again, we get to marvel about the way in which All-In Sustaining Costs (AISC) is used by the mining industry:

* 4q18 average realized gold price: U$1,233/oz
* 4q18 AISC per ounce sold: U$1,123
* Number of ounces sold: 220,000

So that means they make a U$24.2m* profit on the quarter, right?

Wrong. Because when real accounting rules are applied, IMG's gross profit ($17.1m) isn't even up at that level. So just forget about adjusted net earnings of NEGATIVE $16.1m or real bottom line net earnings NEGATIVE $34.8m. What's the point of having this supposed industry standard measurement when companies like this jokeshow of fakery just make shit up and massage their figures to Kingdom come? What's the point of even labelling a cost metric "All-In" when it's obviously nothing of the sort? Why do fools fall in love? And why is Steve Letwin still employed?

*220k X (1233-1123)

https://incakolanews.blogspot.com/2019/02/iamgold-iag-imgto-and-all-in-sustaining.html?

Sold with 10% gain.
Order in for a lower price.

10% gain while gold stays above $1300 an ounce.. pretty good for a company like this.
Anything $3 or under looks like a good deal for IAG shares.

Well, maybe it was good timing after all