Centerra Gold vs IAMGOLD: Which Gold Miner is the Better Buy?

Centerra Gold (CGAU) and IAMGOLD (IAG) are two North American gold-focused miners that have attracted investor attention due to strong gold prices and improving cost structures. Centerra Gold posted a strong Q3, driven by consistent production, meaningful cash generation, and favorable metal prices. IAMGOLD's Q3 results were not mentioned in the article. Centerra Gold has a strong liquidity position with $561.8 million in cash and cash equivalents, a low debt-to-capitalization ratio of 2.3%, and an undrawn credit facility of $400 million.