Bank of America Securities and Canaccord Genuity Both Reaffirm ‘Buy’ Rating on IAMGOLD Corporation (IAG)

IAMGOLD Corporation (NYSE:IAG) is included in our list of the 10 Must-Buy Canadian Stocks to Invest in.

Bank of America Securities and Canaccord Genuity Both Reaffirm ‘Buy’ Rating on IAMGOLD Corporation (IAG)

A close-up of a hand placing a block of gold into a safe.

Analysts took notice of IAMGOLD Corporation on August 18, 2025, when Bank of America Securities and Canaccord Genuity both reaffirmed their Buy ratings and price targets of $9.50 and $11.20, respectively. RBC Capital maintained a more cautious Hold rating with a $9.00 target earlier on August 12.

The divergent opinions come after IAMGOLD’s Q2 results from August 7, which showed that attributable production had reached 173,000 ounces. Côté Gold’s ramp-up to nameplate capacity and consistent output from Westwood and Essakane helped support this outcome. Due to strong gold prices, IAMGOLD Corporation is on track to meet its full-year target of 735,000–820,000 ounces, with first-half production of 334,000 ounces and second-half projections of 400,000–485,000 ounces.

The Canadian gold miner IAMGOLD Corporation operates mines in both North America and West Africa.

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