|
|
|
|
|||||
|
|
|
IAMGOLD Corporation (NYSE:IAG) is one of the 12 cheap gold stocks to buy now.
Delivering returns of over 213% in 2025 alone and roughly 110% over the past six months, IAMGOLD Corporation (NYSE:IAG) hit its new 52-week high of $16.38 on December 12, 2025, closing at $15.84. The stock benefited from growing investor interest in gold equities amid sustained momentum in bullion prices.
In addition to strong share price performance, IAMGOLD Corporation (NYSE:IAG) achieved a major balance sheet milestone on December 9, 2025. The company confirmed the full repayment of the remaining $130 million outstanding on its 2nd Lien Term Loan. Additionally, the Toronto Stock Exchange also approved the gold producer’s launch of a normal course issuer bid to repurchase up to 57 million shares. This buyback, representing about 9.92% of its public float, is set to run from December 12, 2025, through December 11, 2026, and will be funded through operating cash flows. With this, management reaffirms its confidence in the company’s long-term value and disciplined capital allocation strategy.
Amid these positives, IAMGOLD Corporation (NYSE:IAG) caught analysts’ attention. In particular, Bank of America revisited the Toronto-based gold producer, raising its price target from $16.75 to $18.00 and reiterating a “Buy” rating, according to The Fly. The bank provided this update alongside a broader update to its North American metals and mining forecasts.
IAMGOLD Corporation (NYSE:IAG) is a gold producer with operations and development assets in Canada and Burkina Faso. It also holds interests in the Cote, Westwood, and Essakane projects.
While we acknowledge the potential of IAG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Small-Cap Biotech Stocks to Buy According to Analysts and 11 Overlooked Tech Stocks to Invest In.
Disclosure: None.
| 2 hours | |
| Dec-09 | |
| Dec-05 | |
| Dec-02 | |
| Dec-02 | |
| Nov-07 | |
| Nov-05 | |
| Nov-04 | |
| Nov-04 | |
| Nov-03 | |
| Oct-30 | |
| Oct-30 | |
| Oct-29 | |
| Oct-24 | |
| Oct-20 |
Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.
Learn more about FINVIZ*Elite