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Stock impact report

IAMGOLD's Côté Gold Shift Puts Cash Generation And Buybacks In Focus [Yahoo! Finance]

Iamgold Corporation Ordinary Shares (IAG) 
Last iamgold corporation ordinary shares earnings: 2/19 05:25 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. IAMGOLD (TSX:IMG) has brought the Côté Gold mine into full production, supporting record operational performance over the past year. The company reports strong free cash flow generation that has been used to reduce debt and fund a new share buyback program. Institutional investor interest has increased alongside these operational and financial milestones. If you follow gold producers, Côté Gold hitting full production is a key development for IAMGOLD (TSX:IMG). The mine is now contributing to record margins, a different cost profile, and substantial free cash flow. All of these factors are relevant if you care about how resilient a producer can be through commodity cycles. For a miner, having a large asset move from the build phase to full output often changes the way the market looks at its risk and balance sheet. What stands out here is how IAMGOLD is using this pro Show less Read more
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