- Iamgold’s second quarter attributable gold production totaled 173,000 ounces.
- This production figure represents a 4.2% increase compared to the previous year.
- The estimated production was expected to be 178,259 ounces, so there was a shortfall compared to the estimate.
- Gold sales volume reached 173,000 ounces, marking an 11% increase year-over-year.
- Analyst recommendations currently include 7 buys, 4 holds, and 0 sells.
A look at IAMGOLD Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, IAMGOLD Corp shows a promising long-term outlook. With a strong emphasis on growth and value, the company has received high scores in these areas. This indicates that IAMGOLD Corp is positioned well for future expansion and has a solid foundation in terms of its financials and potential for increasing shareholder value.
While the company scores lower in terms of dividends and resilience, the high momentum score suggests that IAMGOLD Corp is actively moving forward and making positive strides in its operations. Overall, IAMGOLD Corp‘s strategic focus on key regions like West Africa, the Guiana Shield of South America, and Quebec, along with its pipeline of development and exploration projects, positions it favorably for continued growth and success in the gold mining industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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