IAMGOLD Company (NYSE:IAG) is among the 13 Most Promising Gold Shares Based on Wall Road Analysts. On August 7, IAMGOLD Company (NYSE:IAG) reported its outcomes for the second quarter of 2025, with attributable gold manufacturing reaching 173,000 ounces.
The corporate expects manufacturing to be increased within the second half of the yr. This enhance is anticipated to return from constant operation of Côté Gold mine close to nameplate throughput and grade enhancements at each Westwood and Essakane mines.
Aerial view of the Rosebel gold mine in Suriname with its open pits spanning throughout the panorama.
A key spotlight for IAMGOLD Company (NYSE:IAG) is that the Côté Gold mine has now reached its nameplate capability. The mine had a powerful full quarter of manufacturing within the second quarter. Trying forward, the corporate expects stronger efficiency within the coming months, which will probably be supported by increased manufacturing anticipated in any respect its operations and the advantages of gold costs.
Within the first half of 2025, IAMGOLD Company’s (NYSE:IAG) complete attributable manufacturing was 334,000 ounces. For the second half, the corporate expects attributable manufacturing to be between 400,000 and 485,000 ounces. This places IAMGOLD Company (NYSE:IAG) on observe to attain its full-year manufacturing steering of 735,000 to 820,000 ounces.
This stronger second-half manufacturing forecast is predicated on continued enhancements on the Côté Gold mine and a rise in anticipated grades at each Essakane and Westwood mines.
IAMGOLD Company (NYSE:IAG) is a Canadian gold-producing firm that operates mines in North America and West Africa.
Whereas we acknowledge the potential of IAG as an funding, we consider sure AI shares supply larger upside potential and carry much less draw back threat. If you happen to’re on the lookout for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
READ NEXT: 12 Greatest Performing AI Shares So Far in 2025 and 14 Greatest Aggressive Development Shares to Purchase Based on Analysts.
Disclosure: None. This text is initially printed at Insider Monkey.
