IAMGOLD Corporation (NYSE:IAG) reached a new 14-year record on Tuesday, hitting $19.83 per share after a 15.49% jump. This surge was fueled by gold prices hitting all-time highs, a 17% price target upgrade, and strong 2025 earnings projections. The rally was also supported by Bank of America’s increased price target of $20.50 and a “buy” recommendation. IAMGOLD expects record revenues for full-year 2025, with 765,900 ounces of gold production from key sites. Official results will be announced on February 17, 2026. Sibanye Stillwater (SBSW) also saw a 9.6% increase on the same day due to rising gold prices.
Read more at Yahoo Finance: IAMGOLD (IAG) Climbs to 14-Year High Ahead of Earnings on PT Hike, Gold Rush
