Last $2.80 USD
Change Today -0.02 / -0.71%
Volume 11.3M
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iamgold corp (IAG) Snapshot

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52 Week High
02/19/14 - $4.37
52 Week Low
11/5/14 - $1.42
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iamgold corp (IAG) Details

IAMGOLD Corporation explores, develops, and operates gold mining properties. The company also explores for silver, niobium, and copper deposits. It holds interests in six gold mines, and three niobium mine, as well as exploration and development projects located in Africa, South America, and Canada. The company was incorporated in 1990 and is headquartered in Toronto, Canada.

5,800 Employees
Last Reported Date: 02/19/14
Founded in 1990

iamgold corp (IAG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$881.5K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$454.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: C$539.4K
Senior Vice President of Exploration
Total Annual Compensation: C$336.4K
Compensation as of Fiscal Year 2013.

iamgold corp (IAG) Key Developments

IAMGOLD Corporation Completes 2014 Budgeted Exploration Activities on Solvista's Caramanta Project in Colombia

Solvista Gold Corporation announced it has received notification that IAMGOLD Corporation has recently completed their 2014 budgeted exploration activities on Solvista's Caramanta project in Colombia. Diamond drilling in this first diamond drill program consisted of 3,840 meters in 14 drill holes. The holes were drilled primarily at the Ajiaco Sur, Casa Verde and Malabrigo targets. IAMGOLD is working to secure a permit to resume drilling within the DMI. Timing of receipt of the permit will dictate the location and sequence of drill holes in the upcoming 2015 program budgeted at $1,500,000.

IAMGOLD Corp. Reports Preliminary Operating Results for the Fourth Quarter and Operating and Earnings Results for the Year 2014; Provides Production and Capital Expenditure Guidance for the Year 2015

IAMGOLD Corp. reported preliminary operating results for the fourth quarter and operating and earnings results for the year 2014. For the year, the company's revenue was $1.2 billion compared to $1.1 billion in 2013. Capital expenditures were approximately $325 million in 2014, 51% lower than 2013 and well below the 2014 guidance. For the quarter, the company reported attributable gold production of 241,000 ounces. For the year, the company reported attributable gold production of 844,000 ounces. For the year 2015, the company expects attributable gold production to range between 820,000 and 860,000 ounces. For the year 2015, the company expects capital expenditure to be $230 million approximately 30% lower than 2014.

IAMGOLD Mulls Acquisitions

IAMGOLD Corp. (TSX:IMG) is looking for acquisitions. IAMGOLD Corp. stated, "As a result of the completed sale of Niobec, IAMGOLD is left in a very strong financial position with the ability to invest further in its existing portfolio of assets and to consider acquisition opportunities that will contribute to positive cash flow."


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Price/Sales 0.9x
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TEV/Sales 0.2x

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