Shares of Iamgold (NYSE: IAG) popped on Tuesday after the gold producer announced preliminary operating results for the fourth quarter and a bullish forecast for the coming year.
By the close of trading, Iamgold's stock price was up more than 15%.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Image source: Getty Images.
Iamgold's mining operations are performing well
Iamgold produced 765,900 ounces of gold in 2025, driven by record quarterly production at all its major mining sites.
The company's Essakane, Côté, and Westwood operations produced 117,300, 87,200, and 37,900 attributable ounces in the fourth quarter.
The record production comes at an opportune time. Gold prices climbed above $4,700 per ounce on Tuesday. Many investors view the precious metal as a defensive store of value, particularly during times of geopolitical turmoil.
Iamgold, in turn, expects to deliver record revenue when it reports its finalized financial results on Feb. 17.
2026 should be another lucrative year
Management forecasts attributable gold production of 720,000 to 820,000 ounces in 2026, with cash costs, including royalties, of $1,425 to $1,575 per ounce sold.
"Turning the page to 2026, it is going to be a very exciting year for IAMGOLD as we continue to build on the momentum at Cote, Westwood, and Essakane," CEO Renaud Adams said.
Should you buy stock in Iamgold right now?
Before you buy stock in Iamgold, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Iamgold wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $474,578!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,141,628!*
Now, it’s worth noting Stock Advisor’s total average return is 955% — a market-crushing outperformance compared to 196% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of January 20, 2026.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.