{"id":420077,"date":"2026-01-19T21:53:08","date_gmt":"2026-01-19T21:53:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/420077\/"},"modified":"2026-01-19T21:53:08","modified_gmt":"2026-01-19T21:53:08","slug":"iamgold-stock-jumps-nearly-10-as-preliminary-results-beat-the-street","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/420077\/","title":{"rendered":"IAMGOLD stock jumps nearly 10% as preliminary results beat the street"},"content":{"rendered":"\n

Shares of IAMGOLD (IMG.TO<\/a>) jumped nearly 10 per cent on Monday, as the Canadian miner touted record preliminary financial results amid a red-hot run for bullion prices.<\/p>\n

IAMGOLD operates one of the largest gold mines in Canada, as well as assets in the West African nation of Burkina Faso.<\/p>\n

On Monday, the Toronto-based company said it booked record quarterly production at all of its operations in 2025, including total gold production of 765,900 ounces. IAMGOLD says its average realized selling price was US$4,190 per ounce for the three months ended Dec. 31, 2025.<\/p>\n

For 2026, it aims to produce 720,000 to 820,000 ounces.<\/p>\n

\u201cI would like to commend our operations teams for an incredible fourth quarter as each of our mines reported record results, at an opportune time when the gold price is setting new highs,\u201d president and CEO Renaud Adams stated in a news release.<\/p>\n

IAMGOLD says it will release its fourth-quarter and full-year 2025 operating and financial results after market hours on Feb. 18.<\/p>\n

Toronto-listed shares closed 9.73 per cent higher on Monday, at $26.28. The stock has climbed nearly 225 per cent over the last 12 months.<\/p>\n

RBC Capital Markets analyst Josh Wolfson says IAMGOLD\u2019s fourth-quarter production of about 242,000 ounces is around 15 per cent higher than consensus estimates. On Monday, he maintained his \u201coutperform\u201d rating on the company\u2019s New York-listed stock, with a US$21 per share price target.<\/p>\n

Gold prices (GC=F<\/a>) broke fresh records Monday<\/a>. U.S. President Donald Trump\u2019s threats against Greenland, as well as nations which do not support America\u2019s attempt to \u201cacquire\u201d the territory, are adding to unease about a lasting rift between the U.S. and Europe.<\/p>\n

While gold continues to benefit from its safe-haven status, investors recently showed they\u2019re willing to punish producers which fall short of their guidance. Shares of Alamos Gold (AGI.TO<\/a>) fell over 10 per cent last Thursday after the company blamed winter weather in December for weaker-than-expected fourth-quarter production<\/a>. The stock has not really recovered.<\/p>\n

Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on X @jefflagerquist<\/a>.<\/p>\n