IAMGOLD
IAGMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -25%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$20
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- February 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 6 months
- How long Benson has been tracking this pick.
About IAMGOLD
IAMGOLD is a Canadian gold mining company that operates three mines in Canada and Burkina Faso. Their crown jewel is the Cote Gold Mine in Ontario, which they own 70% of and which could become one of the largest gold mines in North America with over 500,000 ounces per year.
The case for and against
Both sides of the story, in plain English.
- Canadian Gold Giant
The Cote Gold Mine reached full production capacity in 2025 and generated over 290 million dollars in free cash flow in just one quarter. With a potential SuperPit expansion, this mine alone could produce 570,000 ounces annually, putting it among the top 15 gold mines globally.
- Growth Pipeline Locked In
IAMGOLD recently acquired Northern Superior at just 75 dollars per ounce, adding 12 million ounces of resources in the Chibougamau camp. This positions them to become a 900,000 ounce Canadian producer by 2033 with multiple world-class assets.
- African Exposure
About 44% of production comes from Essakane in Burkina Faso, a country with ongoing security issues and rising royalty demands. The government has already increased its stake from 10% to 15% and hiked royalty rates multiple times.
- Cost Pressures
All-in sustaining costs of nearly 2,000 dollars per ounce are above the industry average. While Cote is improving, elevated sustaining capital at Westwood and royalty increases have kept costs high in the near term.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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