Why IAMGOLD Corporation (IAG) Soared Last Week?
From Yahoo Finance: 2025-04-12 18:45:00
Last week, despite a market slump, IAMGOLD Corporation (IAG) saw a 28.2% surge in its stock price, closing at $7.22 per share. Investors flocked to gold miners in light of the US-China trade war, boosting IAG’s performance. The company also saw increased interest ahead of its first-quarter earnings release on May 6. IAMGOLD is a major gold producer with assets in Canada and West Africa, aiming for gold production between 735,000 and 820,000 ounces this year. While IAG ranked 5th on the list of top performers last week, AI stocks are seen as holding greater potential for higher returns in a shorter timeframe.
Read more at Yahoo Finance: Why IAMGOLD Corporation (IAG) Soared Last Week?