IAMGOLD: Great Value At 6x Forward Earnings

Gold Mining Bull15.18K FollowersFollow5ShareSavePlay(11min)CommentsSummaryIAMGOLD (IAG) has transformed operationally, delivering record revenue, EBITDA, and cash flow in 2025, and now trades at 6x forward earnings. IAG's 2026 guidance calls for flat production and AISC near $2,000/oz, but high gold prices sustain robust margins exceeding $3,000/oz. The balance sheet is now healthy, with net debt down to $344 million, strong liquidity, and an active buyback program targeting up to 10% of shares. IAG remains discounted versus peers, with execution risks at Essakane and Cote, but under $20 per share is a fair entry point. e-crow/iStock via Getty Images IAMGOLD Stock Analysis It's been quite a while since I covered IAMGOLD (IAG) - way back in 2018. This is simply not the same company as it was back then. IAMGOLD's been a frustrating stockThis article was written byGold Mining Bull15.18K FollowersFollowGold Mining Bull is a gold analyst with more than a decade of investing experience in commodities, hard assets (gold and silver miners), exploration companies, oil and gas producers, MLPs, and more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.