Iamgold shares surge 13.22% intraday due to record 2025 gold output and surging gold prices, along with upgraded analyst targets.
ByAinvest
Tuesday, Jan 20, 2026 9:55 am ET1min read
IAG--
Iamgold surged 13.22% intraday, driven by the company's announcement of 765,900 ounces of gold production in Q4 2025, meeting guidance's midpoint and a record quarterly output, alongside a surge in gold prices to a historic high of $4,730/ounce and upgraded analyst targets from CIBC and BofA to $20 and $20.50, respectively. The company is a Canadian gold producer with operations across North America, focusing on sustainable mining and exploration.
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