IAG Should I Buy
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IAMGOLD Corp (IAG) is not a strong buy at the moment for a beginner, long-term investor with $50,000-$100,000 available for investment. While the stock has seen positive analyst sentiment and price target increases, the financial performance shows significant declines in net income and EPS. The technical indicators are mixed, with no strong bullish signals, and the options data suggests a lack of strong bullish sentiment. Given the lack of recent news catalysts and no proprietary trading signals, holding off on buying is recommended until clearer positive signals emerge.
The MACD is positive and contracting, indicating mild bullish momentum. The RSI is neutral at 48.938, showing no clear overbought or oversold conditions. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), and the current price is above the pivot level of 19.975, suggesting mild upward momentum. However, the stock's candlestick pattern suggests a 60% chance of a minor 0.55% gain in the next day but potential declines in the next week (-0.05%) and month (-4.06%).
Analysts have raised price targets significantly, with some projecting values as high as $
Gold price forecasts have been increased, which could benefit IAMGOLD as a precious metals company.
Gross margin increased by 10.21% YoY in Q3 2025, showing operational efficiency improvements.
Net income dropped by 76.54% YoY, and EPS declined by 76.70% YoY in Q3 2025, indicating weak profitability.
No significant hedge fund or insider trading activity suggests a lack of strong institutional confidence.
Options data shows a low put-call ratio, indicating limited bullish sentiment.
No recent news or event-driven catalysts to drive the stock higher.
In Q3 2025, revenue increased by 65.04% YoY to $706.7 million, but net income dropped significantly by 76.54% YoY to $139.4 million. EPS also fell by 76.70% YoY to 0.24. Gross margin improved to 38.55%, up 10.21% YoY, reflecting better operational efficiency despite declining profitability.
Analysts have shown positive sentiment, with multiple firms raising price targets. Stifel raised the target to C$40, CIBC to $34, and Canaccord to C$32, all maintaining Buy or Outperform ratings. However, there is some divergence, with Scotiabank assigning a Sector Perform rating and a lower target of $23.
