Iamgold Output Signals Building Momentum -- Market Talk

Dow Jones
01/19

1529 GMT - Iamgold's stronger-than-expected fourth-quarter output underscores the momentum it is taking into 2026, TD Cowen analyst Steven Green says. In a report, he notes output of 242,000 ounces topped both TD estimates and consensus on better grades across all mines. The beat should give the stock a modest lift, Green says, highlighting the performance of its Cote Gold operations as a key driver. "[Fourth-quarter] production of 242,000 ounces was above our estimate of 203,000 ounces and consensus of 210,000 ounces," Green says. The company "has good operational momentum heading into 2026," he says. Shares trading in Toronto are up 8.1% to C$25.90. (adriano.marchese@wsj.com)

 

(END) Dow Jones Newswires

January 19, 2026 10:29 ET (15:29 GMT)

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