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IAMGOLD (IAG) Trades Near Its 52-Week Amid Strong Share Price Surge in 2025

IAMGOLD Corporation (NYSE:IAG) is one of the 12 cheap gold stocks to buy now.

A stock market graph. Photo by energepic.com

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 to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IAG and that has 100x upside potential, check out our report about this cheapest 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.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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This prediction might not be bold at all:

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