Iamgold Corporation (IAG) Stock Analysis & Winston Score
Iamgold is a Canadian gold mining company that digs gold out of the ground and sells it to refiners, banks, and commodity traders. Its main product is gold bullion, and it operates mines in North America and West Africa. The company's flagship asset is the Côté Gold mine in Ontario, Canada, one of the largest gold mines in the country, which began production in 2024. Iamgold makes money by selling gold at market prices, so its revenue rises and falls with the price of gold. The company operates primarily in Canada, Senegal, and Burkina Faso, and its strong operating margin reflects the relatively low cost of pulling gold out of its deposits. The key growth driver is ramping up production at Côté Gold to full capacity, but the main risk is that Iamgold operates in parts of West Africa where political instability can disrupt mining operations.
Winston Score: 64/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Strong (21/30)
- Growth: Good (12/20)
- Cash Flow: Exceptional (10/10)
- Stability: Exceptional (10/10)
- Valuation: Strong (7/10)
- Ownership: Weak (1/15)
Key Facts
Price: $14.14
Market Cap: $8.2B
Sector: Basic Materials
Industry: Gold
Exchange: New York Stock Exchange

