Sector: Basic Materials | Industry: Gold |
Company Contact | |
Address: | 150 King Street West, Suite 2200 TORONTO ON M5H 1J9 |
Tel: | 1-416-3604743 |
Website: | https://www.iamgold.com |
IR: | See website |
Key People | ||
Renaud Adams President, Chief Executive Officer, Director | Maarten Theunissen Chief Financial Officer | Craig S. MacDougall Executive Vice President - Growth |
Tim Bradburn Senior Vice President, General Counsel, Corporate Secretary | Dorena Quinn Senior Vice President - People | Bruno Lemelin Senior Vice President - Operations and Projects | Oumar Toguyeni Senior Vice President - External Affairs and Sustainability |
Business Overview |
IAMGOLD Corporation is a Canada-based intermediate gold producer and developer. The Company's principal activities are the exploration, development and operation of gold mining properties in North America and West Africa. Its projects include Essakane, Westwood and Cote Gold. The Essakane project is located in north-eastern Burkina Faso, West Africa. It straddles the boundary of the Oudalan and Seno provinces in the Sahel region of Burkina Faso and is approximately 330 kilometers (km) northeast of the capital, Ouagadougou. The Westwood Project is located on the Doyon property, 2.5 km east of the former Doyon Gold Mine in Bousquet Township. The Cote Gold Project is located in the Chester and Yeo Townships, District of Sudbury, in northeastern Ontario. The Company owns a 100% interest in the Nelligan Gold Project, located 60Km southwest of Chibougamau, Quebec, Canada. It also holds claims of Nelligan, as well as other earlier stage exploration properties in Northern Quebec. |
Financial Overview |
For the fiscal year ended 31 December 2023, Iamgold Corp revenues increased 3% to $987.1M. Net income before extraordinary items totaled $88M vs. loss of $53.7M. Revenues reflect Canada segment increase of 46% to $176.6M. Net Income reflects Corporate segment loss decrease of 47% to $54.7M, Exploration & Development segment loss decrease of 22% to $22.3M, Canada segment loss decrease of 77% to $9.7M. |
Employees: | 5,065 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,275M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,356M as of Dec 31, 2023 |
EBITDA (TTM): | $390.43M as of Dec 31, 2023 |
Net annual income (TTM): | $120.89M as of Dec 31, 2023 |
Free cash flow (TTM): | -$1,029M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $803.67M as of Dec 31, 2023 |
Shares outstanding: | 496,634,015 as of Apr 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |