Iamgold (IAG) trades at 8.2 times earnings, versus 23.2 for the median S&P 500 company; it closed at $16.42 on October 22, 2026, and a 40% rise would take it to about $23. Revenue for the four quarters ended June 30, 2026 rose 87.2%, and the Cote operation generated $1.01 billion of revenue in fiscal 2025, up 256.8% from fiscal 2024. The operating margin for the four quarters ended June 30, 2026 was 47.5%, above a 31.3% average for the three twelve-month periods through June 2024, 2025 and 2026, though the article notes part of this margin depends on gold prices, with fiscal Q2 2026 gold sold at $4,384 an ounce. Since December 2025, Iamgold has repurchased about 28 million shares for $510.4 million, and at June 30, 2026 it held $0.502 billion in cash against $0.54 billion of debt. The article also notes revenue growth slowed to 47.5% in fiscal Q2 2026 from 115.9% in Q1, and 2026 production is expected to be 720,000 to 820,000 ounces.
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