IAG Stock Recent News
IAG LATEST HEADLINES
IAMGOLD is set to benefit from rising production levels, enhancing its revenue/earnings growth prospects. The stock remains attractively valued, offering significant upside potential for investors. Strong gold prices are expected to act as a tailwind, supporting future performance.
Investing in stocks priced under $10 can offer significant upside potential for investors seeking high returns on a modest budget.
Airlines and travel stocks fell in Europe and the US, as oil and gold prices also rose amidst heightened geopolitical tensions. Tensions in the Middle East weighed on expectations for leisure travel, while rising oil prices bode badly for airline and cruise ship profit margins.
IAG CEO Luis Gallego says the weaker demand for transatlantic routes has shown signs of easing over the past three weeks. According to Gallego, IAG noticed “several weeks” of demand softness in its economy cabins from the US, though the situation is now recovering.
Iamgold (IAG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Iamgold (IAG) and Novozymes A/S (NVZMY) have performed compared to their sector so far this year.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Shares of gold mining stocks such as Iamgold Corp (IAG 8.96%), Gold Fields Ltd (GFI 9.74%), and Fortuna Mining Corp. (FSM 11.88%) rallied in a big way Monday, up 8.9%, 9.5%, 12.1%, respectively.
IAG share price has remained under pressure in the past few weeks as investors focused on transatlantic travel amid the ongoing trade tensions between the US and China. It was trading at 328p on Monday, a few points below the year-to-date high of 340p.
(in U.S. dollars unless otherwise noted) TORONTO , May 27, 2025 /PRNewswire/ - Franco-Nevada Corporation ("Franco-Nevada " or the "Company") (TSX: FNV) (NYSE: FNV) is pleased to announce that it has entered into an agreement to acquire an existing royalty package on the Côté Gold Mine in Ontario from a private third party for total cash consideration of $1,050 million (the "Transaction"). The royalty package consists of a 7.5%1 gross margin royalty (the "Royalty") on the Côté Gold Mine.