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IAG Iamgold News Story

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Basic MaterialsAdventurousLarge CapSuper Stock

IAMGOLD Q3 revenue rises on higher gold prices

Overview

IAMGOLD Q3 revenue rises significantly yr/yr, driven by higher gold prices

Company announces share buyback for up to 10% of outstanding shares

IAMGOLD Q3 adjusted EBITDA reaches $359.5 mln

Outlook

IAMGOLD expects full-year production of 735,000 to 820,000 ounces

Capital expenditures in 2025 expected to total $335 mln

Result Drivers

CÔTÉ GOLD PRODUCTION - Record production of 106,000 ounces at Côté Gold Mine drove Q3 results

HIGH GOLD PRICES - Rising gold prices boosted revenue and supported strategic initiatives

COST PRESSURES - Operating costs remain under pressure in the strong gold price environment

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Adjusted EBITDA$359.5 mln
Press Release: ID:nNFC3mmlPv For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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