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Canadian gold mining company operating the new Cote Gold mine in Ontario and the Essakane mine in Burkina Faso.
Canadian gold mining company operating the new Cote Gold mine in Ontario and the Essakane mine in Burkina Faso.
Same company as the NYSE-listed shares. Sells gold it mines at the market price, so output and unit costs decide results. Cote Gold in Ontario, developed with Sumitomo Metal Mining as a minority partner, moved the center of the business away from West Africa, where the Burkina Faso government holds a share of the Essakane mine.
In one line: A mid-tier Canadian gold producer transitioning to a lower-risk jurisdiction mix.
Moat: narrow (installed base, scale). New large-scale Canadian mine (Cote Gold) reduces reliance on higher-risk West African production.
Headquarters: Toronto, Canada · Founded: 1990 · Employees: 4,596
Size IAMGOLD (IMG.TO) is a Canada Materials company (Precious Metals) with a market value of $10.8B, the 71st largest of 420 Canada companies the cockpit tracks. Shares closed at C$26.44 on 6 Nov 2026.
Performance Over six months the shares gained 5.7%, against -13.5% for the median peer and +5.2% for the Canada market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 83.0% over the last twelve months (peer median +49.6%); the operating margin is 47.5% (peer median 45.2%).
Valuation It trades at 9.1× forward earnings against a peer median of 11.4× (5th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is -18 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 13.0 points above its cost of capital (14.7% WACC).
Credit IAMGOLD has 1 bond outstanding ($450M), rated BB- by the agencies and trading like B+ at a weighted spread of 238 bp.
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$5.09B | C$3.99B | C$2.28B | C$1.33B | C$1.25B |
| Revenue growth | — | +75% | +71% | +7% | — |
| Gross profit | C$2.51B | C$1.64B | C$750M | C$109M | C$127M |
| EBITDA | C$3.09B | C$2.15B | C$1.09B | C$333M | C$378M |
| Net income | C$1.60B | C$928M | C$1.13B | C$137M | -C$91.3M |
| Free cash flow | C$2.19B | C$1.06B | -C$200M | -C$1.07B | -C$473M |
| Capital expenditure | C$534M | C$421M | C$767M | C$1.22B | C$969M |
| Total debt | C$766M | C$1.04B | C$1.66B | C$1.26B | C$1.34B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| IAMGOLD IMG.TO | $10.8B | +6% | +83% | 48% | 9.1× | 1.4% |
| Alamos Gold AGI.TO | $13.4B | -22% | +41% | 57% | 11.3× | 7.8% |
| Agnico Eagle Mines AEM.TO | $98.4B | +6% | +41% | 59% | 16.9× | 8.4% |
| Endeavour Mining EDV.TO | $13.7B | -10% | +27% | 47% | 9.3× | -6.5% |
| B2Gold BTO.TO | $7.19B | +13% | +72% | 46% | 6.1× | -7.0% |
| Eldorado Gold ELD.TO | $9.37B | +11% | +25% | 45% | 7.7× | n/a |
| Equinox Gold EQX.TO | $13.5B | -17% | +63% | 36% | 9.7× | 21.0% |
| Perseus Mining PRU.AX | $5.77B | +11% | +13% | 48% | 11.8× | -1.1% |
| Kinross Gold K.TO | $26.4B | -25% | +30% | 51% | 8.5× | -3.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IMG.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.8% | -1.3% | 8th highest of 21 |
| 6-month return | +5.7% | -13.5% | 6th highest of 21 |
| Distance from 52-week high | -22.4% | -36.1% | 5th highest of 21 |
| Revenue growth (TTM) | +83.0% | +49.6% | 4th highest of 21 |
| Operating margin | 47.5% | 45.2% | 8th highest of 21 |
| Forward P/E | 9.1× | 11.4× | 5th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 1.4% | 5.2% | 8th least demanding of 17 |
| Growth delivered (Del g) | +19.1% | +17.8% | 8th highest of 17 |
| Hurdle (Req g minus delivered) | -17.6 pp | -17.8 pp | 9th least demanding of 17 |
| ROIC minus cost of capital | +13.0 pp | +11.4 pp | 9th highest of 19 |
| EV / EBITDA | 4.9× | 8.8× | 3rd cheapest of 17 |
| Net debt / EBITDA | 0.0× | -0.2× | 6th most indebted of 17 |
| Bond spread | 238 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| IAMGOLD IMG.TO | Canada | $10.8B | +6% | +83% | 48% | 9.1× | 1.4% | +19.1% |
| Chifeng Jilong Gold Mining 6693.HK | Hong Kong | $11.1B | -24% | +29% | 43% | 12.9× | 11.0% | +21.8% |
| Shanjin International Gold 000975.SZ | China | $10.2B | -6% | -4% | 36% | 15.2× | -5.7% | +16.7% |
| G Mining Ventures GMIN.TO | Canada | $9.98B | -10% | +72% | 66% | 19.4× | n/a | n/a |
| Hecla Mining HL | United States | $9.90B | -21% | +30% | 48% | 18.1× | 8.0% | +15.0% |
| Harmony Gold Mining Co. Ltd. Sponsored ADR HMY | United States | $9.84B | -3% | +50% | 45% | 5.3× | -14.1% | +17.7% |
| Eldorado Gold ELD.TO | Canada | $9.37B | +11% | +25% | 45% | 7.7× | n/a | n/a |
| China Gold International Resources CGG.TO | Canada | $9.08B | +10% | +53% | 56% | 9.7× | 5.2% | +10.4% |
| Alamos Gold AGI.TO | Canada | $13.4B | -22% | +41% | 57% | 11.3× | 7.8% | +20.3% |
| DPM Metals DPM.TO | Canada | $8.61B | +18% | +96% | 55% | 10.1× | 5.1% | +8.6% |
| Equinox Gold EQX.TO | Canada | $13.5B | -17% | +63% | 36% | 9.7× | 21.0% | +17.5% |
| Endeavour Mining EDV.TO | Canada | $13.7B | -10% | +27% | 47% | 9.3× | -6.5% | +25.4% |
| Zhaojin Mining Industry 1818.HK | Hong Kong | $7.87B | -42% | +49% | 34% | 17.0× | -2.5% | +17.9% |
| Zhongjin Gold 600489.SS | China | $15.1B | -20% | +25% | 13% | 11.4× | -5.9% | +10.5% |
| First Majestic Silver AG.TO | Canada | $7.52B | -27% | +96% | 44% | 18.1× | 9.2% | +29.2% |
| Coeur Mining CDE | United States | $15.9B | -17% | +117% | 35% | 12.1× | 10.9% | +21.6% |
| Compania de Minas Buenaventura SAA Sponsored ADR BVN | United States | $7.25B | -21% | +64% | 45% | 6.5× | -14.1% | +20.7% |
| B2Gold BTO.TO | Canada | $7.19B | +13% | +72% | 46% | 6.1× | -7.0% | +12.3% |
| Shandong Gold Mining 1787.HK | Hong Kong | $16.4B | -42% | +12% | 13% | 11.1× | n/a | n/a |
| Lundin Gold LUG.TO | Canada | $17.0B | +7% | +36% | 65% | 16.0× | 9.9% | +39.0% |
| OR Royalties OR.TO | Canada | $6.81B | 0% | +68% | 77% | 29.5× | n/a | n/a |
IAMGOLD has 1 bond outstanding with $450M face value. The agencies rate it BB-; its bonds trade like B+. Weighted yield 6.88%, a spread of 238 bp over government bonds.