IAG

Basic Materials

IAMGOLD Corporation · Gold · $10B

UQS Score — Balanced Preset
66.5
Good

IAMGOLD Corporation scores 66.5/100 using the Balanced preset.

UQS vs Basic Materials Sector
IAG
66.5
Sector avg
38.2
Quality
Good
Moat
Weak
Growth
Good
Risk
Strong
Valuation
Attractive

What is IAMGOLD Corporation?

IAMGOLD Corporation is a Canadian gold mining company with operating mines and development projects across North America, South America, and West Africa. The company focuses on exploring, developing, and producing gold from a geographically diversified portfolio of assets.

IAMGOLD generates revenue by mining and selling gold from its portfolio of producing mines and advancing development-stage projects. Key producing assets include the Rosebel mine in Suriname, the Essakane mine in Burkina Faso, and the Westwood mine in Quebec. The company's flagship growth project, Côté Gold in Ontario, represents a major expansion of its Canadian production base. Exploration activity spans Brazil, Guinea, Mali, and Quebec, positioning the company for longer-term resource growth.

IAMGOLD was incorporated in 1990 and is headquartered in Toronto, Canada.

  • Gold production from the Essakane mine in Burkina Faso
  • Rosebel gold mine operations in Suriname
  • Westwood underground mine in Quebec, Canada
  • Côté Gold development project in Ontario, Canada
  • Exploration pipeline across West Africa, South America, and Canada

Is IAG a Good Stock to Buy?

UQS Score rates IAG as Good overall, reflecting a balanced but nuanced picture for investors evaluating this gold miner.

The Quality and Growth pillars both register as Strong, suggesting the business is generating meaningful operational improvement and expanding its production profile — particularly as the Côté Gold project ramps up. The Risk pillar earns a Good rating, indicating the company's financial risk profile is manageable relative to sector peers. Valuation is rated Attractive, meaning the stock does not appear richly priced relative to its fundamentals.

The Moat pillar is rated Weak, which is common among gold producers that compete largely on cost efficiency and asset quality rather than durable pricing power or brand differentiation.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does IAG pay dividends?

No — IAMGOLD Corporation does not currently pay a dividend.

IAMGOLD does not currently pay a dividend. For a company in active mine development — particularly with the capital-intensive Côté Gold project underway — reinvesting cash into growth assets is a common and often prudent approach. Investors seeking income from gold exposure may need to look elsewhere, while those focused on capital appreciation may view this reinvestment strategy as aligned with long-term asset building.

When does IAG report earnings?

IAMGOLD reports earnings on a quarterly cadence, consistent with standard practice for TSX and NYSE-listed mining companies.

The company's operational trajectory has been shaped by the ramp-up of Côté Gold and ongoing production from its existing mines. Results in recent periods have reflected both the costs of bringing a major new mine online and the revenue contribution from established assets. Production volumes and cost management remain the key metrics investors track each quarter.

For the most recent quarter's results and guidance updates, visit IAMGOLD's investor relations page directly.

IAG Price History

+365.2% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in IAMGOLD Corporation?

$
Today it would be worth
$50,571
That's a +406% total return, or +38.3% annualized.

Based on IAMGOLD Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

IAG Long-term Outlook

IAMGOLD's fundamental outlook is shaped by its Strong Growth pillar rating, driven primarily by the Côté Gold mine transitioning from development to full production. As output scales, the company's cost profile and cash generation capacity are expected to improve. The Good Risk rating suggests the balance sheet and operational risks are being managed, though gold price volatility and geopolitical exposure in West Africa remain factors to monitor. The Attractive Valuation rating indicates the market may not yet be fully pricing in the production growth ahead.

Growth drivers

  • Côté Gold mine ramp-up expanding Canadian production capacity
  • Gold price environment supporting revenue growth across all operating mines
  • Exploration pipeline in West Africa and South America offering longer-term optionality

Key risks

  • Geopolitical and operational risk in Burkina Faso and other West African jurisdictions
  • Capital cost overruns or delays at major development projects
  • Gold price sensitivity — revenue is directly tied to commodity market fluctuations

IAG vs Peers

IAMGOLD operates in a competitive gold sector alongside royalty companies, diversified producers, and focused mid-tier miners.

OR.TOIAG scores higher
OR Royalties Inc.

OR Royalties operates a streaming and royalty model, providing gold exposure without the direct operational and capital risks of running mines.

HMYIAG scores lower
Harmony Gold Mining Company Limited

Harmony Gold is a South Africa-based producer with a large operational footprint, offering a different geographic and cost-structure profile compared to IAMGOLD.

OGC.TOIAG scores lower
OceanaGold Corporation

OceanaGold focuses on mines in the Americas and Asia-Pacific, giving it a distinct regional diversification compared to IAMGOLD's Africa and Americas mix.

Frequently Asked Questions

What does IAMGOLD do?

IAMGOLD explores, develops, and operates gold mines across North America, South America, and West Africa. Its producing assets include the Essakane mine in Burkina Faso, the Rosebel mine in Suriname, and the Westwood mine in Quebec. The company is also advancing the Côté Gold project in Ontario as its primary growth asset.

Does IAG pay dividends?

IAMGOLD does not currently pay a dividend. The company is focused on deploying capital into mine development and production growth, particularly the Côté Gold project. Investors prioritizing income may want to consider this before investing.

When does IAG report earnings?

IAMGOLD reports on a quarterly basis, in line with standard practice for companies listed on the NYSE and TSX. For exact reporting dates and the most recent results, check IAMGOLD's official investor relations page.

Is IAG a good stock to buy?

UQS Score rates IAG as Good overall. The Quality and Growth pillars are both rated Strong, and Valuation is Attractive — suggesting the stock may not be overpriced relative to its fundamentals. The Moat pillar is Weak, which is typical for gold producers. The full pillar breakdown is available to Pro members.

Is IAG overvalued?

Based on the UQS framework, IAG's Valuation pillar is rated Attractive, meaning the stock does not appear expensive relative to its fundamentals and sector peers. That said, gold mining valuations are sensitive to commodity prices, so context matters. View the complete valuation analysis with a Pro account.

How does IAG compare to its competitors?

Compared to royalty companies like OR Royalties, IAMGOLD carries more direct operational risk but also more leverage to production growth. Against other mid-tier producers like Harmony Gold and OceanaGold, IAMGOLD differentiates through its Canadian growth pipeline, particularly Côté Gold. Each competitor carries a distinct risk and geographic profile.

What is IAG's market cap bracket?

IAMGOLD is classified as a large-cap company. This places it among the more substantial mid-to-large tier gold producers globally, though it remains smaller than the major senior gold miners.

Who founded IAMGOLD?

IAMGOLD was incorporated in 1990 and has grown through acquisitions and project development into a multi-asset gold producer. Founding details are widely available through public corporate history records and the company's investor relations materials.

Is IAG a long-term quality stock?

The UQS framework evaluates long-term quality through five pillars. IAG's Strong Quality and Growth ratings suggest a company building operational capacity over time, while the Weak Moat rating reflects the limited pricing power inherent to commodity producers. The Attractive Valuation adds context for long-term investors. Full analysis is available to Pro members.

What is the main competitive advantage of IAMGOLD?

IAMGOLD's primary competitive advantage lies in its geographically diversified asset base and its growth pipeline anchored by the Côté Gold project in Canada. Geographic diversification helps spread operational risk, while Canadian assets benefit from a stable regulatory environment. However, the UQS Moat pillar rates this advantage as Weak relative to sector peers.

What sector does IAG belong to?

IAMGOLD operates in the Basic Materials sector, specifically within the gold mining industry. Gold miners are sensitive to commodity price cycles, currency movements, and geopolitical conditions in the jurisdictions where they operate — all factors the UQS Risk pillar accounts for.

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Pro Analysis

IAG — Score History

5560657075Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 23 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 23, 202666.579.820.072.382.298.5+0.1
May 22, 202666.479.820.072.382.297.80.0
May 18, 202666.479.820.072.382.297.9+0.1
May 14, 202666.379.820.072.382.296.8+0.2
May 12, 202666.179.820.072.382.296.1-0.2
May 10, 202666.379.820.072.382.297.0+3.1
May 7, 202663.273.320.072.374.895.0-0.2
May 3, 202663.473.320.072.374.895.8+0.1
Apr 26, 202663.373.320.072.374.895.50.0
Apr 25, 202663.373.320.072.374.895.2-0.1

IAG — Pillar Breakdown

Quality

79.8/100 (25%)

IAMGOLD Corporation demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.

Capital Efficiency (ROIC)Strong

How effectively capital is deployed to generate returns.

Return on EquityStrong

Profitability relative to shareholders' equity.

Operating ProfitabilityStrong

Ability to convert revenue into operating profit.

Net ProfitabilityStrong

Bottom-line profit as a share of revenue.

Gross Profit / AssetsModerate

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationStrong

Free cash flow relative to market value.

Growth

72.3/100 (20%)

IAMGOLD Corporation demonstrates healthy growth trends across revenue and earnings.

Recent Revenue TrendStrong

Revenue trajectory over the last twelve months.

3Y Revenue CAGRStrong

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookStrong

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

82.2/100 (15%)

IAMGOLD Corporation carries minimal financial risk with conservative leverage and strong solvency.

Financial LeverageStrong

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioModerate

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageStrong

Earnings capacity relative to interest payments.

Valuation

98.4/100 (15%)

IAMGOLD Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

20/100 (25%)

IAMGOLD Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for IAG.

Score Composition

Quality
79.8×25%19.9
Growth
72.3×20%14.5
Risk
82.2×15%12.3
Valuation
98.4×15%14.8
Moat
20.0×25%5.0
Total
66.5Good

Financial Data

More Stock Analysis

How is the IAG UQS Score Calculated?

The UQS (Unified Quality Score) for IAMGOLD Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses IAMGOLD Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether IAMGOLD Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.