IAMGOLD Q3 revenue rises on higher gold prices
Overview
IAMGOLD Q3 revenue rises significantly yr/yr, driven by higher gold prices
Company announces share buyback for up to 10% of outstanding shares
IAMGOLD Q3 adjusted EBITDA reaches $359.5 mln
Outlook
IAMGOLD expects full-year production of 735,000 to 820,000 ounces
Capital expenditures in 2025 expected to total $335 mln
Result Drivers
CÔTÉ GOLD PRODUCTION - Record production of 106,000 ounces at Côté Gold Mine drove Q3 results
HIGH GOLD PRICES - Rising gold prices boosted revenue and supported strategic initiatives
COST PRESSURES - Operating costs remain under pressure in the strong gold price environment
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Adjusted EBITDA |
| $359.5 mln |
|
Press Release: ID:nNFC3mmlPv
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