IAMGOLD (IAG) Jumps 22% on Silver, Gold Fever
We recently published 10 Stocks With Effortless Double-, Triple-Digit Gains. IAMGOLD Corp. (NYSE:IAG) was one of the top performers last week.
IAMGOLD grew its share prices by 22.01 percent week-on-week, as investor sentiment was primarily fueled by the record runs in prices of silver and gold and strong preliminary results for full-year 2025.
During the week, the stock rallied to a 14-year high, mimicking its mining counterparts and the spot prices of silver and gold, with the said metals clocking growth of 14.5 percent and 8.4 percent week-on-week, at $102.9 and $4,982.91.
Image by Csaba Nagy from Pixabay
Sentiment was further supported by IAMGOLD Corp.’s (NYSE:IAG) announcement earlier in the week that it was able to achieve its gold production target for full-year 2025, ending at 765,900 ounces, thanks to strong production from its Essakane, Cote, and Westwood sites.
Official results are scheduled to be announced after market close on February 17, 2026.
For this year, the company is targeting to hit gold production between 720,000 and 820,000 ounces, as it focuses on sustainable operations at nameplate levels ahead of an expansion plan set to be announced in the fourth quarter of the year.
In other news, several analysts issued a “buy” recommendation for shares of IAMGOLD Corp. (NYSE:IAG).
TD Securities gave the highest price target of $24, followed by Canaccord, which raised its price target to $23.32 from $11.05 previously. Bank of America, for its part, issued a $20.50 fair value assessment.
While we acknowledge the potential of IAG as an investment, 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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