(IAG) IAMGold - Ratings and Ratios

IAMGold Corporation is an intermediate gold producer and developer with operations in Canada and Burkina Faso. The company owns 100% of the Westwood project in Quebec, a 60% stake in the Côté gold project in Ontario, and a 90% interest in the Essakane project in Burkina Faso. These projects highlight their strategic diversification across key mining regions.

The Westwood project spans 1,925 hectares in Quebec, a region known for its mineral-rich geology, making it a significant asset for potential resource expansion. The Côté gold project, covering 596 square kilometers in Ontario, offers substantial exploration upside, which is crucial for long-term growth. Essakane, while mature, benefits from Burkina Fasos low-cost production environment, enhancing its appeal to cost-conscious investors.

Since their incorporation in 1990, IAMGold has established a robust presence in the gold industry, with headquarters in Toronto. This longevity underscores their operational stability and experience, factors that attract investors seeking reliable returns.

Financially, IAMGold boasts a market cap of $3.7 billion, positioning them as a mid-tier player. Their P/E ratio of under 5 is notably lower than industry peers, suggesting potential undervaluation. The forward P/E of 8.38 indicates market expectations for growth. A P/B ratio above 1 reflects investor confidence in their growth prospects beyond book value. Their moderate P/S ratio underscores reasonable revenue efficiency, balancing valuation with operational performance.