In Q4 2024, Iamgold Corporation (IAG) saw a notable increase in revenue, with a reported $469.9 million, compared to the previous quarter's revenue of $387.5 million1. However, the cost of goods sold also rose, reaching $339 million, up from $278 million in the previous quarter1. This indicates that while IAG experienced a boost in sales, the cost of producing those goods remained high, potentially impacting profit margins.
IAG Cost of Goods Sold, Total Revenue