IAMGold Corporation (IAG) — closed signal from June 12, 2026
Target reached Published before the outcome was known, scored automatically when the window closed on September 10, 2026 — +25.2% at the close.
Predicted vs. what happened
What happened
Reached its target in 68 days.
The thesis — published June 12, 2026
IAMGold stands out because an updated estimate for its Cote Gold deposit gives a clear, company-level reason the stock could move. The shares trade cheaply and the company is starting to generate more profit, so gains in the gold price would help earnings and share value. But the stock swings a lot and follows gold prices closely, so confidence is limited.
Primary drivers
- Updated Cote Gold estimate raises asset value
- Gold exposure reduces reliance on one market
- Low share price leaves room for big upside
- Rising profits can change investor views on value
How it played out
IAG: target reached in 68 days
Lyra published IAG at $16.05 with a 20% expected gain and a $19.26 target. The thesis pointed to the updated Côté Gold estimate, exposure to gold, a low share price, and rising profits as factors that could lift the shares. It also noted that the stock swung widely and tracked gold prices closely.
Inside the window, IAG reached the target in 68 days. It peaked at $22.32 on August 25, a 39.1% gain, then ended at $20.09 on September 10. The peak was above the target, and the closing price stayed above it. The published thesis played out.
What happened during the window
On June 17, 2026, IAMGold increased its revolving credit facility from $650 million to $850 million and extended its maturity to June 17, 2030. On August 6, 2026, the company reported second-quarter attributable gold production of 188,100 ounces and net earnings attributable to equity holders of $230.5 million.
Prices are shown split- and dividend-adjusted, matching what public charts show today.
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This is one signal, scored after the fact. Today’s picks come with the same plain-language thesis — published before anyone knows the outcome.