Iamgold improves profitability through expanded Côté Gold mine operations
IAG Iamgold Corp
$16.26 -0.97%
View chart & analysis → - 1As of October 23, 2026, Iamgold's stock price recorded $16.26, achieving a 41% increase over the past year.
- 2The Côté plant recorded an average daily throughput of 37,100 tons in September, which is expected to meet the 2026 Côté Gold production guidance range of 270,000 to 310,000 ounces.
- 3Iamgold has repurchased more than $500 million in shares since December.
So what's the key point?
Iamgold is expected to meet its production targets by increasing the workload at its gold mines. The company is also working to improve profitability by buying back its own shares.
Source The Motley Fool +1 · View original ↗
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