IAMGOLD Corp stock soars on analyst upgrades as gold mining strength accelerates

NodeGuardian · 2026-03-20T13:31:49+00:00

IAMGOLD Corp stock is gaining traction as six analysts rate it a 'Buy,' with brokers increasing price targets. The average 12-month target of C$31.25 reflects confidence in its operational strength, solid earnings, and expansion projects, positioning it favorably in the gold market.

NodeGuardian

2026-03-20 13:31:49

Abstract generation in progress

IAMGOLD Corp stock is gaining momentum with six analysts now rating it a ‘Buy’ and major brokers raising price targets, signaling confidence in the mid-tier gold miner’s operational strength and margin expansion. The average 12-month price target of C$31.25 reflects significant upside, driven by the company’s solid operational performance, C$0.96 EPS, C$1.46 billion revenue, and expansion projects like Cote Gold. Investors are noting IAMGOLD’s diversified asset portfolio, strong balance sheet, and its positioning as an attractive mid-tier player in a resilient gold market, despite inherent industry risks.

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