IAMGOLD Shares Jump 11.3% on Record Sales Forecast and Strong Q4 Output
IAMGOLD shares rose 11.3% to close at $21.28 on Monday as investors positioned ahead of its Feb. 17 earnings release. The miner expects record 2025 sales of 817,800 ounces with production at 765,900 ounces meeting guidance midpoint and Q4 sales of 259,000 ounces at $4,190 per ounce.
1. Share Surge Ahead of Earnings
IAMGOLD shares increased by 11.3% on Monday, closing at $21.28, as investors positioned their portfolios ahead of the company’s earnings announcement scheduled for February 17. This rally marked one of the largest daily gains for the stock this year.
2. Full-Year 2025 Sales and Production Outlook
For the full year 2025, IAMGOLD expects to report record gold sales of 817,800 ounces. Attributable production reached 765,900 ounces, aligning with the midpoint of the company’s initial guidance range.
3. Fourth-Quarter Sales and Pricing
In Q4, the company sold 259,000 ounces of gold at an average price of $4,190 per ounce. This strong pricing benefited from a 65% annual increase in spot gold prices, driven by geopolitical and economic uncertainties.
4. 2026 Production Guidance
IAMGOLD projects attributable gold production of 720,000 to 820,000 ounces for 2026, with its Cote Gold mine expected to operate at nameplate capacity. The guidance underscores the company’s focus on maintaining production momentum.