IAMGOLD Exhibits Strong Q1 Results in 2024
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IAMGOLD Exhibits Strong Q1 Results in 2024

IAMGOLD Corp (TSE:IMG) has released an update.

IAMGOLD Corporation reports a solid start to 2024 with a first quarter gold production of 151,000 ounces and revenues of $338.9 million, buoyed by high-grade output from its Essakane mine and the start of production at the new Côté Gold mine. The company maintains its yearly production guidance, expects to achieve commercial production at Côté Gold in Q3, and reports strong liquidity with $693.8 million available. Key financial metrics indicate a net earnings of $0.11 per share and a mine-site free cash flow of $46.2 million, excluding Côté Gold.

For further insights into TSE:IMG stock, check out TipRanks’ Stock Analysis page.


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